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 Mumbai Thane branch in Thane, Thane, or Maharashtra, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code KVBL0002108. 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, Mumbai Thane, Thane
Here are the main details that are associated with the IFSC Code KVBL0002108 of Karur Vysya Bank for its branch located in Thane, within the district of Thane in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Karur Vysya Bank |
| IFSC Code | KVBL0002108 |
| Branch | Mumbai Thane |
| City | Thane |
| District | Thane |
| State | Maharashtra |
| Address | Shop No.1,2,3,4,Elegance Bldg Near Damani Estate,Opp Datta Mandir Teen Hath Naka, Lbs Marg,Thane |
These details are crucial, not just for online banking users but also for businesses and individuals who use Karur Vysya Bank in Thane for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVBL0002108 for the Mumbai Thane branch of Karur Vysya Bank has 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 KVBL0002108 is given to every bank branch, including Karur Vysya Bank located in Mumbai Thane, Thane, Maharashtra, 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 Thane.
- 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 Thane and Thane.
- 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Karur Vysya Bank in Mumbai Thane doesn't end up at another location.
Format of the IFSC Code KVBL0002108
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 Mumbai Thane in Thane.
For example, the IFSC Code KVBL0002108 of Karur Vysya Bank for the Mumbai Thane branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.
How to Find IFSC Code for Karur Vysya Bank?
If you are looking for the IFSC Code KVBL0002108 of Karur Vysya Bank for its Mumbai Thane branch located in Thane, 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 Thane and Thane, 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 Mumbai Thane or Thane to get the exact IFSC Code KVBL0002108.
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 Thane, then it will provide you proper information.
How to Use IFSC Code KVBL0002108 for Online Transfers?
Once you have the IFSC Code KVBL0002108 for the Mumbai Thane branch of Karur Vysya Bank in Thane, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KVBL0002108. 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 KVBL0002108.
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 Mumbai Thane in Thane, 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 Mumbai Thane, 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 Thane manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is KVBL0002108.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Shop No.1,2,3,4,Elegance Bldg Near Damani Estate,Opp Datta Mandir Teen Hath Naka, Lbs Marg,Thane located in Thane, Thane, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.