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Karur Vysya Bank

BUSINESS BANKING UNIT MADURAI BRANCH

+912224398197

IFSC CODE
KVBL0001896
MICR Code
Branch Code 001896
City / District MADURAI
State TAMIL NADU
Office Address GAYATHRI ILLAM I FLOOR NO 16 A A ROAD GNANAOLIVUPURAM MADURAI 625016
Phone +912224398197
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Karur Vysya Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the BUSINESS BANKING UNIT MADURAI branch of Karur Vysya Bank, the code KVBL0001896 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the KVBL0001896 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"KVBL" represents Karur Vysya Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for BUSINESS BANKING UNIT MADURAI

Payment Systems Supported by KVBL0001896

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code——is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Karur Vysya Bank in MADURAI typically follows the RBI holiday calendar. Digital transfers via KVBL0001896 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While KVBL0001896 is the valid code for BUSINESS BANKING UNIT MADURAI at MADURAI, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

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Branch Context

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