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 Usilampatti 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 KVBL0001952. 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, Usilampatti, Madurai
Here are some of the key details that come with the IFSC Code KVBL0001952 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 | KVBL0001952 |
| Branch | Usilampatti |
| City | Madurai |
| District | Madurai |
| State | Tamil Nadu |
| Address | S.No.239/10, 239/9A1,Peraiyur Road,Usilampatti,Madurai-625532 |
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 KVBL0001952 for the Usilampatti 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, including Karur Vysya Bank located in Usilampatti, Madurai, Tamil Nadu, is provided with a unique IFSC like KVBL0001952 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Karur Vysya Bank branch in Madurai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Madurai and Madurai.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Karur Vysya Bank in Usilampatti do not get mixed with another location.
Format of the IFSC Code KVBL0001952
The format of the IFSC Code for banks, including Karur Vysya Bank, has 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 Usilampatti in Madurai.
For example, the IFSC Code KVBL0001952 of Karur Vysya Bank for the Usilampatti branch includes 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 KVBL0001952 of Karur Vysya Bank for its Usilampatti 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 Usilampatti or Madurai to get the exact IFSC Code KVBL0001952.
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 KVBL0001952 for Online Transfers?
Once you have the IFSC Code KVBL0001952 for the Usilampatti 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 KVBL0001952. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 KVBL0001952.
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 Usilampatti in Madurai, your payment can get delayed or might not go through at all.
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 Usilampatti, 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 is KVBL0001952.
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 S.No.239/10, 239/9A1,Peraiyur Road,Usilampatti,Madurai-625532 located in Madurai, Madurai, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.