Transferring money from one account to another account online is common these days. The IFSC code helps in doing this with ease. IFSC code stands for Indian financial code. Karur Vysya bank’s IFSC code is a unique code consisting of 11 characters. Karur Vysya bank’s IFSC code starts from KVBL0******. The first four characters will give the name of the bank. The fifth character is always a zero. The last six characters represent the bank’s branch.
Where one can find IFSC codes? IFSC Codes are generated by Reserve Bank of India. You can find entire list of IFSC Code for every branch of each bank on Reserve Bank of India’s website. You can get the entire list of IFSC codes on Paisabazaar.com. You can go to the “Tools” section. It will have IFSC code locator. Under the IFSC code locator you need to input details of the bank, state, city, branch. You will get the full address of the branch along with the IFSC code and the MICR code.
What is the difference between NEFT, RTGS and IMPS? IMPS ius the most recently launched money transfer facility. It is available 24X7 through the year. You can transfer funds any time using this facility. The money transfer happens instantly in case of IMPS. IMPS stands for immediate money payment service. Even in case of RTGS Money transfer happens instantly while in case of NEFT the money transfer happens with a time lag.
About Karur Vysya Bank
Karur Vysya Bank (KVB) endeavors to deliver innovate products and services for personal and corporate usage since 1916 through a pan India branch network. It offers user friendly internet banking, loan service and credit cards.
