Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Karur Vysya Bank for its Madurai-Mattuthavani branch in Madurai, Madurai, or Tamil Nadu, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Karur Vysya Bank located in Madurai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code KVBL0001853. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Karur Vysya Bank, Madurai-Mattuthavani, Madurai
The table below shows the main details of the IFSC Code KVBL0001853 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 | KVBL0001853 |
| Branch | Madurai-Mattuthavani |
| City | Madurai |
| District | Madurai |
| State | Tamil Nadu |
| Address | R.S.No.170/9 Uthankudi Village Near Maattuthavani Bus Stand Madurai Tamil Nadu 625001 |
These details helps 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 KVBL0001853 for the Madurai-Mattuthavani branch of Karur Vysya Bank plays a vital 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-Mattuthavani, Madurai, Tamil Nadu, are allotted a unique IFSC like KVBL0001853 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-Mattuthavani reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.
Format of the IFSC Code KVBL0001853
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-Mattuthavani in Madurai.
For example, the IFSC Code KVBL0001853 of Karur Vysya Bank for the Madurai-Mattuthavani 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 trying to find the IFSC Code KVBL0001853 of Karur Vysya Bank for its Madurai-Mattuthavani branch located in Madurai, the following methods can help:
Cheque Book
The cheque books that are issued by Karur Vysya Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most 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
Visit the official website of Karur Vysya Bank and find the branch locator section. Search for Madurai-Mattuthavani or Madurai to get the exact IFSC Code KVBL0001853.
Mobile Banking App
If you use Karur Vysya Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Karur Vysya Bank and Madurai that will provide accurate information.
How to Use IFSC Code KVBL0001853 for Online Transfers?
Once you have the IFSC Code KVBL0001853 for the Madurai-Mattuthavani branch of Karur Vysya Bank in Madurai, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KVBL0001853. Transfers are processed in batches. This is suitable for 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 KVBL0001853.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Karur Vysya Bank Madurai-Mattuthavani in Madurai may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Karur Vysya Bank in Madurai-Mattuthavani, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Karur Vysya Bank website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Madurai manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Madurai-Mattuthavani Madurai branch is KVBL0001853.
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 R.S.No.170/9 Uthankudi Village Near Maattuthavani Bus Stand Madurai Tamil Nadu 625001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.