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 - Villapuram 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 KVBL0001800. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Karur Vysya Bank, Madurai - Villapuram, Madurai
Here are some of the key details that come with the IFSC Code KVBL0001800 of Karur Vysya Bank for its branch located in Madurai, within the district of Madurai in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Karur Vysya Bank |
| IFSC Code | KVBL0001800 |
| Branch | Madurai - Villapuram |
| City | Madurai |
| District | Madurai |
| State | Tamil Nadu |
| Address | No 95 1 Cd Sri Guru Mahal Aruppukottai Main Road Ganapathy Nagar Villapuram Madurai |
These details are essential not only for online banking users but also for businesses and individuals who use Karur Vysya Bank in Madurai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVBL0001800 for the Madurai - Villapuram branch of Karur Vysya Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Karur Vysya Bank located in Madurai - Villapuram, Madurai, Tamil Nadu, is provided a unique IFSC like KVBL0001800 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Karur Vysya Bank branch in Madurai.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Madurai and Madurai.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Karur Vysya Bank in Madurai - Villapuram do not get misguided to another person.
Format of the IFSC Code KVBL0001800
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): These represent the bank code. In Karur Vysya Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Madurai - Villapuram in Madurai.
For example, the IFSC Code KVBL0001800 of Karur Vysya Bank for the Madurai - Villapuram branch has these elements, identifying the bank and the branch location in Madurai and Tamil Nadu correctly.
How to Find IFSC Code for Karur Vysya Bank?
If you are trying to find the IFSC Code KVBL0001800 of Karur Vysya Bank for its Madurai - Villapuram branch located in Madurai, the following methods can help:
Cheque Book
The cheque book issued by Karur Vysya Bank includes the IFSC Code printed on each cheque leaf which you can easily spot 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 your passbook.
Bank Website
Visit the official website of Karur Vysya Bank and navigate to the branch locator section. Search for Madurai - Villapuram or Madurai to get the exact IFSC Code KVBL0001800.
Mobile Banking App
If you use Karur Vysya Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Karur Vysya Bank and Madurai, you'll get the correct details.
How to Use IFSC Code KVBL0001800 for Online Transfers?
Once you have the IFSC Code KVBL0001800 for the Madurai - Villapuram 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 KVBL0001800. 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 KVBL0001800.
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 - Villapuram 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 - Villapuram, 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 is KVBL0001800.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is No 95 1 Cd Sri Guru Mahal Aruppukottai Main Road Ganapathy Nagar Villapuram Madurai located in Madurai, Madurai, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.