The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Karur Vysya Bank for its Madurai Main branch in Madurai, Madurai, Tamil Nadu, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Karur Vysya Bank located in Madurai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code KVBL0001159. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Karur Vysya Bank, Madurai Main, Madurai
The table below shows the main details of the IFSC Code KVBL0001159 for the Karur Vysya Bank branch in Madurai, which falls under the Madurai district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Karur Vysya Bank |
| IFSC Code | KVBL0001159 |
| Branch | Madurai Main |
| City | Madurai |
| District | Madurai |
| State | Tamil Nadu |
| Address | P.B. No. 28 74 Amman Sannathi Street,,Madurai-625001 |
These details help users in online banking and for businesses and individuals who use Karur Vysya Bank in Madurai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVBL0001159 for the Madurai Main branch of Karur Vysya Bank has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Karur Vysya Bank located in Madurai Main, Madurai, Tamil Nadu, are allotted a unique IFSC like KVBL0001159 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Madurai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Madurai and Madurai.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Karur Vysya Bank in Madurai Main reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.
Format of the IFSC Code KVBL0001159
The format of the IFSC Code for banks, including Karur Vysya Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Karur Vysya Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Madurai Main in Madurai.
For example, the IFSC Code KVBL0001159 of Karur Vysya Bank for the Madurai Main branch includes these elements, identifying the bank and the branch location in Madurai and Tamil Nadu accurately.
How to Find IFSC Code for Karur Vysya Bank?
If you are looking for the IFSC Code KVBL0001159 of Karur Vysya Bank for its Madurai Main branch located in Madurai, the following methods can help:
Cheque Book
The cheque book that is issued by Karur Vysya Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Karur Vysya Bank branches in Madurai and Madurai, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Karur Vysya Bank and look for the branch locator section, then search for Madurai Main or Madurai to get the exact IFSC Code KVBL0001159.
Mobile Banking App
If you use Karur Vysya Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Karur Vysya Bank and Madurai, then it will provide you proper information.
How to Use IFSC Code KVBL0001159 for Online Transfers?
Once you have the IFSC Code KVBL0001159 for the Madurai Main branch of Karur Vysya Bank in Madurai, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KVBL0001159. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Karur Vysya Bank IFSC Code KVBL0001159.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Karur Vysya Bank Madurai Main in Madurai, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Karur Vysya Bank in Madurai Main, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Karur Vysya Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Madurai manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Madurai Main Madurai branch is KVBL0001159.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at P.B. No. 28 74 Amman Sannathi Street,,Madurai-625001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.