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 Bobbili branch in Vizianagaram, Bobbili, or Andhra Pradesh, 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 Vizianagaram or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code KVBL0001497. 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, Bobbili, Vizianagaram
Here are the key points that are associated with the IFSC Code KVBL0001497 of Karur Vysya Bank for its branch located in Vizianagaram, within the district of Bobbili in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Karur Vysya Bank |
| IFSC Code | KVBL0001497 |
| Branch | Bobbili |
| City | Vizianagaram |
| District | Bobbili |
| State | Andhra Pradesh |
| Address | D.No.11-65 And 11-66/1 And 11-66/2 Ward No.3,Vaishnava Street Bobbili |
These details are essential not only for online banking users but also for businesses and individuals who use Karur Vysya Bank in Vizianagaram for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVBL0001497 for the Bobbili 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 KVBL0001497 is given to every bank branch, including Karur Vysya Bank located in Bobbili, Vizianagaram, Andhra Pradesh, 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 Vizianagaram.
- 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 Vizianagaram and Bobbili.
- 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 Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Karur Vysya Bank in Bobbili doesn't end up at another location.
Format of the IFSC Code KVBL0001497
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 Bobbili in Vizianagaram.
For example, the IFSC Code KVBL0001497 of Karur Vysya Bank for the Bobbili branch includes these elements, identifying the bank and the branch location in Vizianagaram and Andhra Pradesh accurately.
How to Find IFSC Code for Karur Vysya Bank?
If you are trying to find the IFSC Code KVBL0001497 of Karur Vysya Bank for its Bobbili branch located in Vizianagaram, 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
Most banks, including Karur Vysya Bank branches in Vizianagaram and Bobbili, print the IFSC and MICR codes 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 Bobbili or Vizianagaram to get the exact IFSC Code KVBL0001497.
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 Vizianagaram, you'll get the correct details.
How to Use IFSC Code KVBL0001497 for Online Transfers?
Once you have the IFSC Code KVBL0001497 for the Bobbili branch of Karur Vysya Bank in Vizianagaram, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KVBL0001497. 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 KVBL0001497.
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 Bobbili in Vizianagaram, 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 Bobbili, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Vizianagaram to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Bobbili Vizianagaram branch is KVBL0001497.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at D.No.11-65 And 11-66/1 And 11-66/2 Ward No.3,Vaishnava Street Bobbili.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.