Karur Vysya Bank, MADURAI - NORTH

Here is the IFSC & MICR Codes of Karur Vysya Bank, MADURAI - NORTH, MADURAI, TAMIL NADU. Also get the latest address, contact number of Karur Vysya Bank, MADURAI - NORTH.

IFSC Code: KVBL0001767
Branch: MADURAI - NORTH
Address: NO 24A,PECHI AMMAN PADIDURAI ROAD, MADURAI,TAMIL NADU 625001
Bank Code: KVBL
MICR: 625053025

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Frequently asked questions

What's the IFSC Code of MADURAI - NORTH, Karur Vysya Bank?: The IFSC Code of MADURAI - NORTH, Karur Vysya Bank is KVBL0001767.
What's the Address of MADURAI - NORTH, Karur Vysya Bank?: The Address of MADURAI - NORTH, Karur Vysya Bank is NO 24A,PECHI AMMAN PADIDURAI ROAD, MADURAI,TAMIL NADU 625001.
What's the MICR Code of MADURAI - NORTH, Karur Vysya Bank?: The MICR Code of MADURAI - NORTH, Karur Vysya Bank is 625053025.
What's the District MADURAI - NORTH, Karur Vysya Bank falls under?: The District MADURAI - NORTH, Karur Vysya Bank falls under is MADURAI.

Definition

What is IFSC Code

IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.

The IFSC code is used to facilitate electronic money transfers between banks in India. It is used to identify the sender and receiver bank branches, ensuring that the money is credited to the correct account. The IFSC code is made up of three parts:

The first four characters represent the bank code, identifying the bank that the branch belongs to.
The fifth character is always a zero, reserved for future use.
The last six characters represent the branch code, identifying the specific branch of the bank.

For example, the IFSC code for the State Bank of India's Mumbai Fort branch is SBIN0000300. In this code, "SBIN" is the bank code for State Bank of India, "0" is a reserved character, and "000300" is the branch code for the Mumbai Fort branch.

IFSC codes are used in many types of electronic transactions, including NEFT, RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).