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 Puthagaram branch in Vellore, Vellore, Tamil Nadu, 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 Vellore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code KVBL0001694. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Karur Vysya Bank, Puthagaram, Vellore
Here are the main details that are associated with the IFSC Code KVBL0001694 of Karur Vysya Bank for its branch located in Vellore, within the district of Vellore in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Karur Vysya Bank |
| IFSC Code | KVBL0001694 |
| Branch | Puthagaram |
| City | Vellore |
| District | Vellore |
| State | Tamil Nadu |
| Address | S.No.52, Puthagaram To Surapet Main Road Near Velammal Engineering College Puthagaram |
These details are essential not only for online banking users but also for businesses and individuals who use Karur Vysya Bank in Vellore for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVBL0001694 for the Puthagaram 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 KVBL0001694 is given to every bank branch, including Karur Vysya Bank located in Puthagaram, Vellore, 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 Vellore.
- 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 Vellore and Vellore.
- 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 Puthagaram doesn't end up at another location.
Format of the IFSC Code KVBL0001694
The format of the IFSC Code for banks, including Karur Vysya Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Karur Vysya Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Puthagaram in Vellore.
For example, the IFSC Code KVBL0001694 of Karur Vysya Bank for the Puthagaram branch includes these elements, identifying the bank and the branch location in Vellore and Tamil Nadu accurately.
How to Find IFSC Code for Karur Vysya Bank?
If you are trying to find the IFSC Code KVBL0001694 of Karur Vysya Bank for its Puthagaram branch located in Vellore, 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 Vellore and Vellore, 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 Puthagaram or Vellore to get the exact IFSC Code KVBL0001694.
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 Vellore that will provide accurate information.
How to Use IFSC Code KVBL0001694 for Online Transfers?
Once you have the IFSC Code KVBL0001694 for the Puthagaram branch of Karur Vysya Bank in Vellore, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KVBL0001694. 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 KVBL0001694.
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 Puthagaram in Vellore, 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 Puthagaram, 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 Vellore manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is KVBL0001694.
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.No.52, Puthagaram To Surapet Main Road Near Velammal Engineering College Puthagaram located in Vellore, Vellore, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.