What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Karur Vysya Bank Vijayawada-benz Circle Vijayawada Branch IFSC/MICR Code Details
Bank Name KARUR VYSYA BANK
Address D.NO 40-9-99,RAMA KRUPA COMPLEX,SAINAGAR,KRISHNA DISTRICT,VIJAYAWADA ANDHRA PRADESH 520008
State ANDHRA PRADESH
District VIJAYAWADA
Branch VIJAYAWADA-BENZ CIRCLE
IFSC Code KVBL0004868
Branch Code 004868 (Last six characters of IFSC code represent Branch code.)
MICR Code 520053010
Contact Phone 22654260
via https://bankingzone.in/ifsc

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