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Bank Details for MICR: 678053001

Bank NameKarur Vysya Bank
Branch Name Palakkad
Branch Code 001509
IFSC Code KVBL0001509
MICR Code 678053001
Bank Address Krishna Towers, 2851/ Ward No 2 Block No 68,vellan Street, Sultanpet,palag
State Name Kerala
City / Area Palakkad
District Name Palakkad
Contact Details0

MICR code - 678053001 of bank Palakkad Palakkad Kerala India Karur Vysya Bank is use to do any online transaction like NEFT, RTGS, ECS Transactions.

IFSC Code - KVBL0001509 of bank Karur Vysya Bank and MICR code - 678053001 of bank Karur Vysya Bank is use to do any online transaction or transaction related to the Palakkad branch of Karur Vysya Bank Palakkad Kerala. an Invalid use ifsc code or micr code will lead to failur of the transaction.

Map Location for 678053001

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.