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 Jalakandapuram branch in Salem, Jalakantapuram, 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 Salem or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code KVBL0001630. 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, Jalakandapuram, Salem

Here are some of the key details that come with the IFSC Code KVBL0001630 of Karur Vysya Bank for its branch located in Salem, within the district of Jalakantapuram in the state of Tamil Nadu.

Particulars Details
Bank Karur Vysya Bank
IFSC Code KVBL0001630
Branch Jalakandapuram
City Salem
District Jalakantapuram
State Tamil Nadu
Address Door No 75 And 76 Tharamangalam Main Road

These details are essential not only for online banking users but also for businesses and individuals who use Karur Vysya Bank in Salem for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVBL0001630 for the Jalakandapuram 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like KVBL0001630 is given to every bank branch, including Karur Vysya Bank located in Jalakandapuram, Salem, Tamil Nadu, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Karur Vysya Bank branch in Salem.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Salem and Jalakantapuram.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Karur Vysya Bank in Jalakandapuram doesn't end up at another location.

Format of the IFSC Code KVBL0001630

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 Jalakandapuram in Salem.

For example, the IFSC Code KVBL0001630 of Karur Vysya Bank for the Jalakandapuram branch includes these elements, identifying the bank and the branch location in Salem and Tamil Nadu accurately.

How to Find IFSC Code for Karur Vysya Bank?

If you are trying to find the IFSC Code KVBL0001630 of Karur Vysya Bank for its Jalakandapuram branch located in Salem, 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 Salem and Jalakantapuram, 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 Jalakandapuram or Salem to get the exact IFSC Code KVBL0001630.

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 Salem, you'll get the correct details.

How to Use IFSC Code KVBL0001630 for Online Transfers?

Once you have the IFSC Code KVBL0001630 for the Jalakandapuram branch of Karur Vysya Bank in Salem, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code KVBL0001630. 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 KVBL0001630.

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 Jalakandapuram in Salem, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Karur Vysya Bank in Jalakandapuram, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Salem manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karur Vysya Bank in Jalakandapuram, Salem?

The IFSC Code is KVBL0001630.

Is the IFSC Code KVBL0001630 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

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

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

What is the full address of the Jalakandapuram branch?

The address of the branch is Door No 75 And 76 Tharamangalam Main Road located in Salem, Jalakantapuram, 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.