For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Karur Vysya Bank for its Sattenapalli branch in Palanadu, Sattenapalli, Andhra Pradesh, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Karur Vysya Bank located in Palanadu or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code KVBL0004920. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Karur Vysya Bank, Sattenapalli, Palanadu

Below in the table are the key details related to IFSC Code KVBL0004920 of Karur Vysya Bank for its branch located in Palanadu, within the district of Sattenapalli in the state of Andhra Pradesh.

Particulars Details
Bank Karur Vysya Bank
IFSC Code KVBL0004920
Branch Sattenapalli
City Palanadu
District Sattenapalli
State Andhra Pradesh
Address D No 5-14-5/1 Beside Agricultural Yard Main Road,Guntur Road,Sattenapalle,522403

These details help users in online banking and for businesses and individuals who use Karur Vysya Bank in Palanadu for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVBL0004920 for the Sattenapalli branch of Karur Vysya Bank has a very 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, including Karur Vysya Bank located in Sattenapalli, Palanadu, Andhra Pradesh, is provided with a unique IFSC like KVBL0004920 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Karur Vysya Bank branch in Palanadu.
  • 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 Palanadu and Sattenapalli.
  • 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 Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Karur Vysya Bank in Sattenapalli do not get mixed with another location.

Format of the IFSC Code KVBL0004920

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 Sattenapalli in Palanadu.

For example, the IFSC Code KVBL0004920 of Karur Vysya Bank for the Sattenapalli branch has these elements, identifying the bank and the branch location in Palanadu and Andhra Pradesh correctly.

How to Find IFSC Code for Karur Vysya Bank?

If you are trying to find the IFSC Code KVBL0004920 of Karur Vysya Bank for its Sattenapalli branch located in Palanadu, 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

You can easily find the IFSC and MICR codes because most banks, including Karur Vysya Bank branches in Palanadu and Sattenapalli, print them 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 Sattenapalli or Palanadu to get the exact IFSC Code KVBL0004920.

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 Palanadu, you'll get the correct details.

How to Use IFSC Code KVBL0004920 for Online Transfers?

Once you have the IFSC Code KVBL0004920 for the Sattenapalli branch of Karur Vysya Bank in Palanadu, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code KVBL0004920. 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 KVBL0004920.

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 Sattenapalli in Palanadu, 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 Sattenapalli, 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 Palanadu to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karur Vysya Bank in Sattenapalli, Palanadu?

The IFSC Code is KVBL0004920.

Is the IFSC Code KVBL0004920 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 Sattenapalli?

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 Sattenapalli branch?

The address of the branch is D No 5-14-5/1 Beside Agricultural Yard Main Road,Guntur Road,Sattenapalle,522403 located in Palanadu, Sattenapalli, Andhra Pradesh.

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.