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 Veeraganur branch in Salem, Salem, 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 KVBL0001921. 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, Veeraganur, Salem
Below in the table are the key details related to IFSC Code KVBL0001921 of Karur Vysya Bank for its branch located in Salem, within the district of Salem in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Karur Vysya Bank |
| IFSC Code | KVBL0001921 |
| Branch | Veeraganur |
| City | Salem |
| District | Salem |
| State | Tamil Nadu |
| Address | S F No 332/17 And 332/19, D No 6/85, 6/86, Rukmani Theatre Road, Veeraganur, Gangavalli Taluk, Salem-636116 |
These details help users in online banking and for businesses and individuals who use Karur Vysya Bank in Salem for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVBL0001921 for the Veeraganur 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 Veeraganur, Salem, Tamil Nadu, is provided with a unique IFSC like KVBL0001921 to ensure that online payments reach the right destination.
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 errors or confusions between multiple branches of the same bank across different places like Salem and Salem.
- 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 Veeraganur do not get mixed with another location.
Format of the IFSC Code KVBL0001921
This is the format of the IFSC Code for banks, including Karur Vysya Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Karur Vysya Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Veeraganur in Salem.
For example, the IFSC Code KVBL0001921 of Karur Vysya Bank for the Veeraganur 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 KVBL0001921 of Karur Vysya Bank for its Veeraganur branch located in Salem, 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 Salem and Salem, 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 Veeraganur or Salem to get the exact IFSC Code KVBL0001921.
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 Salem that will provide accurate information.
How to Use IFSC Code KVBL0001921 for Online Transfers?
Once you have the IFSC Code KVBL0001921 for the Veeraganur branch of Karur Vysya Bank in Salem, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KVBL0001921. 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 KVBL0001921.
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 Veeraganur in Salem, it can result in delayed or failed transactions.
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 Veeraganur, 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 Salem manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is KVBL0001921.
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 F No 332/17 And 332/19, D No 6/85, 6/86, Rukmani Theatre Road, Veeraganur, Gangavalli Taluk, Salem-636116 located in Salem, Salem, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.