KVB IFSC is an 11-character code used as a branch identifier during the process of fund transfer. IFSC Codes are assigned to all the bank branches of KVB as it helps the RBI to monitor all the transactions taking place across the country. IFSC helps in performing safe and secure transactions.
Some examples of KVB IFSC are
KVBL0004751 is the IFSC Code of Patna, Bihar
KVBL0004107 is the IFSC Code of Delhi DO Branch
Structure of KVB IFSC
KVB IFSC is formed in such a way that the first four characters of the code indicate the KVB, the fifth character remains zero and the last six characters represent the KVB branch.
In the example given below ”KVBL” represents KVB, the fifth character is zero and “001514” represents the branch Kannur.
| Bank Name | Zero | Branch Name | ||||||||
| K | V | B | L | 0 | 0 | 0 | 1 | 5 | 1 | 4 |
Why do we need the KVB IFSC Code?
- IFSC Codes helps the RBI to oversee various financial transactions taking place via NEFT, RTGS, and IMPS. Working of these payment systems extremely depends on the IFSC.
- IFSC code is just like a postal address of a bank that is used to identify that bank during the fund transfer process.
- IFSC not only helps in bank identification but also carries out fund transfer in an error-free manner.
How to transfer money using the KVB Bank IFSC Code?
IFSC is an essential parameter of fund transfer systems hence it is used by all the banks participating in the following payment systems -
| NEFT | RTGS | IMPS |
| NEFT stands for National Electronic Fund Transfer | RTGS stands for Real-Time Gross Settlement | IMPS stands for Immediate Payment System |
| It is a nation-wide fund transfer system wherein the funds are transferred in half-hourly batches | RTGS is another payment system wherein the funds are transferred individually on a transaction by transaction basis | IMPS is an interbank fund transfer facility wherein the funds are transferred in real-time |
| This facility is available 24*7 but the fund transfer takes places in batches | According to the RBI, RTGS is functional from 7 am to 6 pm on a working day | IMPS is available 24*7 even on bank holidays |
How to find the KVB Bank IFSC Code & MICR Code?
One can opt for any of the option listed below to find the KVB IFSC
- IFSC Tool Locator: Paisabazaar is one such website that offers a tool for finding the IFSC codes of all the registered banks in India.
One needs to follow the below steps to get the IFSC code of KVB- Visit the Paisabazaar IFSC Tool Locator
- Select KVB from the drop-down
- Select the city, state and the required branch of KVB
- IFSC and the MICR Code will appear on the screen
- Reserve Bank of India Website: RBI is the regulatory authority of all the banks in the country. One can visit the RBI website to get the IFSC code of KVB.
Where to find the KVB IFSC Code?
- KVB Cheque Book: Every bank provides a chequebook to its customers during the time of the account opening. The chequebook contains the IFSC printed at the bottom and the cheque number along with the MICR Code printed at the bottom.
- KVB Passbook: KVB Passbook also contains the IFSC Code; hence one can refer to the passbook as well.
- Digital Banking platforms: Customers need to login to the KVB netbanking account or the Mobile Banking App to find the IFSC Code of the required branch.
What is the KVB Bank MICR Code?
MICR Code is a 9 character code printed on cheques using the Magnetic Ink Character Recognition technology. The MICR Code helps in recognizing the cheque which in turn aids in faster processing of cheques.
MICR code is required during the filling up of various financial transaction forms such as SIP Forms, Investment Forms, etc.
Examples of KVB MICR Code
| MICR Code | Bank Branch |
| 670053002 | Kannur, Kerala |
| 631053103 | Salai, Tamil Nadu |
Where to find KVB Bank MICR Code?
One can find the KVB MICR Code on the following platforms
- Paisabazaar is one such website that offers a tool for finding the MICR codes of all the registered banks in India
- One can visit the RBI website to get the MICR code of the required KVB branch
- On can also refer to the chequebook to find the same. The chequebook contains the MICR Code printed at the bottom along with the cheque number
- KVB Passbook also contains the MICR Code, hence one can refer to the passbook as well
- Customers need to login to the KVB netbanking account or the Mobile Banking App to find the MICR Code of the required branch
What is the KVB Bank Swift Code?
SWIFT Code or SWIFT number is the standard classification system that assigns Bank Identifier Codes (BIC) to depository and financial institutions across the world. SWIFT Code contains 8 to 11 digits used to exchange funds across the globe.
How to find the KVB Swift Code?
To get KVB SWIFT Code, one needs to get in touch with the KVB Customer care department.
Difference between KVB Bank IFSC, MICR & SWIFT Code
| IFSC Code | MICR Code | SWIFT Code |
| It is an 11-digit code introduced by the RBI to facilitate the transfer of funds between the banks. No two banks can have the same IFSC Code as this code uniquely identifies a bank branch. | MICR is a unique 9-digit code printed on a cheque leaf. This code is printed using the Magnetic Ink Character Recognition technology and is used for faster clearing of cheques. | SWIFT Code is a unique code that facilitates fund transfer across the globe. |
| IFSC Code is formed by the combination of 11 digits. | MICR Code is formed by the combination of 11 digits. | It is formed by the combination of 8 to 11 digits |
| Example: KVBL0004751 is the IFSC Code of Patna, Bihar. | Example: 631053103 is the MICR Code of Salai Branch, Tamil Nadu. | Example: KVBLINBBIND is the Swift Code of CHENNAI (MADRAS) |
Frequently Asked Questions (FAQs)
How to locate the nearest KVB Bank Branch from IFSC Code?
If we look at the IFSC code of KVB it is seen that the first four digits of the code represent the bank the fifth digit is zero and the last six digit denote the bank branch. Thus the last six digits of the KVB IFSC are indicative of the branch.
How to search KVB Bank IFSC Code by account number?
There is no way to search the KVB IFSC code by account number. One can find the KVB IFSC by the following ways:
Visiting the IFSC tool locator by Paisabazaar
Logging into the KVB Netbanking portal or KVB mobile banking app
KVB Cheque Book/ KVB Passbook
Does KVB Bank Credit Card has IFSC Code?
A credit card does not contain any kind of IFSC code. A customer is required to enter the IFSC during the KVB Credit Card Bill Payment.
What is the KVB Bank CIF Number?
CIF Number is a computerized file used by the banks to decode the information of a customer. CIF Number is composed of 11 digits and is unique to every customer.
What is KVB Bank BSR Code?
BSR Code or Basic Statistical Return Code is an 11 digit code provided to all the registered banks in India. The main purpose of this code is to keep a clear track of all the transactions done towards the Tax.
BSR Code is composed in such a way that the first three digits indicate the bank and the remaining four digits are indicative of the bank branch.