IFSC Code, MICR Codes for KARUR VYSYA BANK in TAMIL NADU - CHENNAI - CHENNAI - CHENNAI MADIPAKKAM

KARUR VYSYA BANK RTGS HO Branch in CHENNAI - Address, IFSC, MICR Code


IFSC Code

KVBL0001614

MICR Code

600053042

Branch

CHENNAI MADIPAKKAM

Contact

0

Address

NO.37/8 GOVINDH COMPLEXGROUND FLOOR MEDAVAKKAM MAIN ROADMADIPAKKAMCHENNAI - 600 091

City

CHENNAI

District

CHENNAI

State

TAMIL NADU





What is IFSC Code of KARUR VYSYA BANK situated at CHENNAI MADIPAKKAM- RTGS-HO?
IFSC Code of KARUR VYSYA BANK situated at CHENNAI MADIPAKKAM - RTGS-HO is

KVBL0001614

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.