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Bank Details for MICR: 507053002

Bank NameKarur Vysya Bank
Branch Name Khammam
Branch Code 001433
IFSC Code KVBL0001433
MICR Code 507053002
Bank Address 9-7-52 Ist Floor,surya Complex Kaman Bazaar,khammam-507001
State Name Andhra Pradesh
City / Area Khammam
District Name Khammam
Contact Details0

MICR code - 507053002 of bank Khammam Khammam Andhra Pradesh India Karur Vysya Bank is use to do any online transaction like NEFT, RTGS, ECS Transactions.

IFSC Code - KVBL0001433 of bank Karur Vysya Bank and MICR code - 507053002 of bank Karur Vysya Bank is use to do any online transaction or transaction related to the Khammam branch of Karur Vysya Bank Khammam Andhra Pradesh. an Invalid use ifsc code or micr code will lead to failur of the transaction.


Map Location for 507053002




MICR Code: Magnetic Ink Character Recognition MICR CODE is printed on cheque book to facilitate the Process of cheques.

National Electronic Funds Transfer (NEFT) is a nation-wide system that facilitates individuals, firms and corporates to electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country. NEFT transfers are also referred as e-cheques as the funds are not transferred in real-time and the funds are settled in batches.

'RTGS' stands for Real Time Gross Settlement, which can be defined as the continuous (real-time) settlement of funds transfers individually on an order by order basis (without netting). You need the IFSC Code to identify the Branch for which you will want to transfer funds using RTGS. Note all branches don't have IFSC Codes.

'IMPS' is Immediate Payment Service and it is commonly known as Interbank Mobile Payment Service. IMPS uses IFSC codes to offer a number of fund transfer services instantly in a round the clock environment. National Payments Corporation of India (NPCI), which is an organization that regulates the retail payments in India, has provided this facility.