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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Karur Vysya Bank for its Thirunagar branch in Madurai, Madurai, Tamil Nadu, then this guide will give you detailed information.
The banking system has evolved significantly 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 KVBL0001655. 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, Thirunagar, Madurai
Here are the main details that are associated with the IFSC Code KVBL0001655 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 | KVBL0001655 |
| Branch | Thirunagar |
| City | Madurai |
| District | Madurai |
| State | Tamil Nadu |
| Address | 133, Gst Road, Thirunagar 1St Stop, Thirunagar, Madurai ├Éγçô 625 006 |
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 KVBL0001655 for the Thirunagar 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 Thirunagar, Madurai, Tamil Nadu, is provided a unique IFSC like KVBL0001655 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 Thirunagar do not get misguided to another person.
Format of the IFSC Code KVBL0001655
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 Thirunagar in Madurai.
For example, the IFSC Code KVBL0001655 of Karur Vysya Bank for the Thirunagar 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 KVBL0001655 of Karur Vysya Bank for its Thirunagar 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 Thirunagar or Madurai to get the exact IFSC Code KVBL0001655.
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 KVBL0001655 for Online Transfers?
Once you have the IFSC Code KVBL0001655 for the Thirunagar 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 KVBL0001655. 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 KVBL0001655.
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 Thirunagar 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 Thirunagar, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Madurai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is KVBL0001655.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 133, Gst Road, Thirunagar 1St Stop, Thirunagar, Madurai ├Éγçô 625 006 located in Madurai, Madurai, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.