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 Thenur 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 KVBL0001700. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Karur Vysya Bank, Thenur, Madurai

Here are the key points that are associated with the IFSC Code KVBL0001700 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 KVBL0001700
Branch Thenur
City Madurai
District Madurai
State Tamil Nadu
Address New.Rs.No.201/16D,Main Road, Thenur

These details are crucial, not just for online banking users but also for businesses and individuals who use Karur Vysya Bank in Madurai for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVBL0001700 for the Thenur branch of Karur Vysya Bank has an 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 Thenur, Madurai, Tamil Nadu, are given a unique IFSC like KVBL0001700 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 any kind of 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 helps ensure that any money sent to Karur Vysya Bank in Thenur goes to the correct branch. This is important because Karur Vysya Bank has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code KVBL0001700

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 Thenur in Madurai.

For example, the IFSC Code KVBL0001700 of Karur Vysya Bank for the Thenur 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 looking for the IFSC Code KVBL0001700 of Karur Vysya Bank for its Thenur 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 Thenur or Madurai to get the exact IFSC Code KVBL0001700.

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 KVBL0001700 for Online Transfers?

Once you have the IFSC Code KVBL0001700 for the Thenur branch of Karur Vysya Bank in Madurai, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code KVBL0001700. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Karur Vysya Bank IFSC Code KVBL0001700.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Karur Vysya Bank Thenur in Madurai, it can 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 Thenur, 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)

What is the IFSC Code of Karur Vysya Bank in Thenur, Madurai?

The IFSC Code is KVBL0001700.

Is the IFSC Code KVBL0001700 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Karur Vysya Bank Thenur?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Thenur branch?

The address of the branch is New.Rs.No.201/16D,Main Road, Thenur located in Madurai, Madurai, Tamil Nadu.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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