IFSC Code, MICR Codes for KARUR VYSYA BANK in TAMIL NADU - MADURAI - MADURAI - MADURAI GNANAOLIVUPURAM

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


IFSC Code

KVBL0001160

MICR Code

625053004

Branch

MADURAI GNANAOLIVUPURAM

Contact

0

Address

"16 A.A. ROAD GAYATHRI ILLAM""""""GNANAOLIVUPURAMMADURAI-625016"

City

MADURAI

District

MADURAI

State

TAMIL NADU





What is IFSC Code of KARUR VYSYA BANK situated at MADURAI GNANAOLIVUPURAM- RTGS-HO?
IFSC Code of KARUR VYSYA BANK situated at MADURAI GNANAOLIVUPURAM - RTGS-HO is

KVBL0001160

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.