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 Chirala branch in Prakasam, Chirala, 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 Prakasam or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code KVBL0001421. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Karur Vysya Bank, Chirala, Prakasam

The table below shows the main details of the IFSC Code KVBL0001421 for the Karur Vysya Bank branch in Prakasam, which falls under the Chirala district in Andhra Pradesh.

Particulars Details
Bank Karur Vysya Bank
IFSC Code KVBL0001421
Branch Chirala
City Prakasam
District Chirala
State Andhra Pradesh
Address P.B. No. 11 I Floor,Navayuga Complex R.R. Road,Chirala-523155

These details help users in online banking and for businesses and individuals who use Karur Vysya Bank in Prakasam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVBL0001421 for the Chirala 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Karur Vysya Bank located in Chirala, Prakasam, Andhra Pradesh, is provided a unique IFSC like KVBL0001421 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Karur Vysya Bank branch in Prakasam.
  • 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 Prakasam and Chirala.
  • 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 Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Karur Vysya Bank in Chirala do not get misguided to another person.

Format of the IFSC Code KVBL0001421

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): 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 Chirala in Prakasam.

For example, the IFSC Code KVBL0001421 of Karur Vysya Bank for the Chirala branch includes these elements, identifying the bank and the branch location in Prakasam and Andhra Pradesh accurately.

How to Find IFSC Code for Karur Vysya Bank?

If you are trying to find the IFSC Code KVBL0001421 of Karur Vysya Bank for its Chirala branch located in Prakasam, the following methods can help:

Cheque Book

The cheque books that are issued by Karur Vysya Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Karur Vysya Bank branches in Prakasam and Chirala, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Karur Vysya Bank and find the branch locator section. Search for Chirala or Prakasam to get the exact IFSC Code KVBL0001421.

Mobile Banking App

If you use Karur Vysya Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Karur Vysya Bank and Prakasam that will provide accurate information.

How to Use IFSC Code KVBL0001421 for Online Transfers?

Once you have the IFSC Code KVBL0001421 for the Chirala branch of Karur Vysya Bank in Prakasam, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code KVBL0001421. 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 KVBL0001421.

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 Chirala in Prakasam, 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 Chirala, 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 Prakasam manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karur Vysya Bank in Chirala, Prakasam?

The IFSC Code is KVBL0001421.

Is the IFSC Code KVBL0001421 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Chirala branch?

The address of the branch is P.B. No. 11 I Floor,Navayuga Complex R.R. Road,Chirala-523155 located in Prakasam, Chirala, 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.