IFSC Code of Karur Vysya Bank, Mandi Gobindgarh Branch, Punjab

Use this page as a one-stop reference for everything related to Karur Vysya Bank's MANDI GOBINDGARH branch in MANDI GOBINDGARH, PUNJAB. The branch's IFSC code KVBL0004305 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.

In our case, KVBL0004305 is the IFSC of Karur Vysya Bank's MANDI GOBINDGARH branch. The format is fixed: KVBL = bank code, 0 = reserved, 004305 = branch identifier.

Bank profile

Karur Vysya Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Mandi Gobindgarh branch — IFSC KVBL0004305 — extends the bank's services to customers in and around Mandi Gobindgarh, Punjab.

Branch details at a glance

About the Mandi Gobindgarh branch

The Mandi Gobindgarh branch of Karur Vysya Bank is situated at PLOT BEARING NO270 BLOCK B NEAR MAIN CHOWKG T ROAD FATEHGARH SAHIB DISTRICT. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code KVBL0004305 is used.

Why every Karur Vysya Bank branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including MANDI GOBINDGARH of Karur Vysya Bank — its own 11-character IFSC. The code KVBL0004305 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC KVBL0004305 the same way you would treat your account number — verify it once and save it carefully for future use.

Account types you can open at the Mandi Gobindgarh branch

Once you have an account at Karur Vysya Bank – MANDI GOBINDGARH, the IFSC KVBL0004305 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Banking services available

The Mandi Gobindgarh branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 22-22654261.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC KVBL0004305

How to transfer money using IFSC KVBL0004305

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC KVBL0004305 across all three.

How to use IFSC KVBL0004305 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Karur Vysya Bank's MANDI GOBINDGARH branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC KVBL0004305.
4. Confirm the bank name auto-populates as Karur Vysya Bank and the branch as MANDI GOBINDGARH.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to MANDI GOBINDGARH

If you need to transfer ₹2 lakh or more in one go to an account at Karur Vysya Bank's MANDI GOBINDGARH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC KVBL0004305 while initiating the transfer and the credit will appear within minutes.

IMPS to Karur Vysya Bank MANDI GOBINDGARH (IFSC KVBL0004305)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC KVBL0004305 in your mobile or internet banking app, and the money is credited to the MANDI GOBINDGARH branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Mandi Gobindgarh

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC KVBL0004305:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at MANDI GOBINDGARH is still linked to IFSC KVBL0004305.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC KVBL0004305

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Karur Vysya Bank – MANDI GOBINDGARH is still mapped to IFSC KVBL0004305. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC KVBL0004305 and the beneficiary's account number to complete the transfer.

Online banking and IFSC KVBL0004305

Karur Vysya Bank customers can register for net banking and the bank's official mobile app once their account at the MANDI GOBINDGARH branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC KVBL0004305 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by Karur Vysya Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC KVBL0004305 and the account number together uniquely identify the Mandi Gobindgarh branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Karur Vysya Bank – MANDI GOBINDGARH:

• The IFSC is exactly KVBL0004305 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Karur Vysya Bank as the bank name and MANDI GOBINDGARH as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

How to reach the Mandi Gobindgarh branch

The branch is located at PLOT BEARING NO270 BLOCK B NEAR MAIN CHOWKG T ROAD FATEHGARH SAHIB DISTRICT, which puts it inside Mandi Gobindgarh, the broader Mandi Gobindgarh district, and the state of Punjab. To plan your visit:

1. Open Google Maps on your phone and search for “Karur Vysya Bank Mandi Gobindgarh branch” — the verified location pin for IFSC KVBL0004305 should appear at the top of the results.
2. Confirm the branch is open by calling 22-22654261 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC KVBL0004305 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC KVBL0004305 for Karur Vysya Bank – MANDI GOBINDGARH, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Working hours

Branch counters at Mandi Gobindgarh are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to KVBL0004305 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code KVBL0004305 belongs to Karur Vysya Bank's MANDI GOBINDGARH branch, located at PLOT BEARING NO270 BLOCK B NEAR MAIN CHOWKG T ROAD FATEHGARH SAHIB DISTRICT in MANDI GOBINDGARH, PUNJAB. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.