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Franchise	http://www.kvb.co.in/customer_support/customer_support.html

Important Notes

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The General Manager (Operations Department)

Address : The Karur Vysya Bank Ltd, Central Office, Erode Road, Karur – 639002

Email Address : [email protected]

Helpline Number : 1860 200 1916

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Please go through the link given below for the contact details of Karur Vysya Bank's Divisional Offices located around India!

http://www.kvb.co.in/global/contact_us.html

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Origins

Karur Vysya Bank was started in the year 1916 in Karur, then a small textile town with a vast agricultural background, by two illustrious sons of the soil – Sri M.A. Venkatarama Chettiar and Sri Athi Krishna Chettiar. What started as a venture with a seed capital of Rs. 1.00 lakh has grown into a leading financial institution that offers a gamut of financial services to millions of its customers under one roof.

History

Commercial banking in India can boast of a history of about 200 years. Though one could trace the history of banking back to the 19th century, the beginning of the last century saw the birth of many banks in India, set up by people with vision, commitment and national spirit.

The Karur Vysya Bank Limited, popularly known as KVB, one such endeavour, was set up in 1916 by two great visionaries and illustrious sons of Karur, the Late Shri M A Venkatarama Chettiar and the Late Shri Athi Krishna Chettiar to inculcate the habit of savings and provide financial assistance to traders and small agriculturists in and around Karur, a textile town in Tamil Nadu.

Though the bank started with a seed capital of Rs.1 lakh, it has withstood innumerable changes and challenges in the past few decades and has profitably emerged as one of the leading banks in India without compromising on its fundamentals.

The bank is professionally managed and guided by the Board of Directors drawn from different fields with vision, experience, knowledge and business acumen.

Shedding its inherent regional flavour, the bank has now spread its wings far and wide with over 675 branches in 20 States and 3 Union Territories in order to gain a pan India presence. The bank has been conducting its affairs meticulously to conform to all the prudential norms and exacting statutory regulations.

KVB has consistently maintained strong fundamentals with a higher percentage of Capital Adequacy Ratio than mandated by the RBI. KVB has also been generating profits and rewarding its stakeholders with handsome dividends since inception.

Vision

Delight the customers continually by blending tradition with technology to deleiver innovative products and services at affordable rates through a pan India branch network.

Mission

- Adapt technology to introduce innovative products and services as well as increase the value of products on an on-going basis and provide them at reasonable rates.

- Expand branch network to reach the top business centres, besides unbanked and under banked areas in the country.

- Strengthen the financials through effective deployment of funds and ensuring financial discipline while adhering to the regulator's guidelines

- Update the knowledge and skills of the human capital to provide quality customer support.

Technological Accomplishments

KVB is one of the earliest banks in the country to achieve full networking of its branches under Core Banking Solutions, offering services through alternate delivery channels.

Branch Banking

- Any Branch Banking

- Multicity Account facilities for both current and savings bank customers

Internet Banking

- User friendly Internet Banking

- Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) facilities through Retail / Corporate Net Banking Login also.

- Online payment of taxes

- On-line utility bill payments and shopping facilities

- On-line payment of electricity bill in Tamilnadu through Net Banking

- e-commerce facilities

- On-line rail and air ticket booking using KVB VISA Debit card

- Locking and unlocking of internet banking through SMS

Mobile Banking

- Mobile Banking through mPay app with Immediate Payment Services (IMPS) enabled by NPCI

- e Passbook facility to check the account statement and other details anytime, anywhere through the mobile.

- Missed call banking facility for balance enquiry and account statement enquiry through mobile

- YPay cash facility as mobile wallet for customer use

Cards

- Over 2.5 million VISA and MasterCard Debit Card holders

- Access to over 1600+ KVB ATMs, over 100000 domestic ATMs and over 1 million VISA ATMs worldwide

- Card to Card and Card to Account transfer of funds through KVB ATMs

- VISA enabled Gift and Multicurrency Travel Cards

- Co-branded KVB credit cards as add on facility to their customers

- Anmol Rewards for use of KVB Debit card for POS and e-POS transactions

e-Kiosks

- Cash Deposit Machines for quick cash remittance and Self Help Kiosks for updating Passbook, Balance Enquiry and Cheque Status

- Payment of institutional fees through ATMs

Point of Sale Machines

- Handheld GPRS and Mobile Point of Sale machines deployed at merchant establishments

Help Desk

24x7 toll free professional help desk services for all our transactions through ATM, Internet Banking, Mobile Banking (mPay), e-commerce etc.

Banking Services

- Several deposit and loan products, tailor-made to cater to the specific needs of customers

- NRE/FCNR deposits, remittance services and "KVB Gruhapravesh" Home loans to NRIs

- Wide range of customized loan products to suit different industries under MSME clusters by way of its products like KVB MSME Pack, KVB Rice Plus, KVB Timber Plus, KVB Transport Plus, KVB Pharma Plus etc

- Wide range of retail products like home loans, car loans, mortgage loans.

- Entire range of products and services for Corporate Banking and Forex business

Transaction Banking Services

- An integrated transaction banking solution on electronic platform

- Cash Management Services  (Collections, Receivables and Payments)

- Supply Chain Finance products (Vendor Finance, Dealer Finance and  Purchase Order Finance)

- Customer Front End (CBX – Customer Business Exchange)

- Can handle IPO and Dividend / Interest Warrants.

- Customized MIS

Para Banking Services

- All types of life insurance policies through a tie-up with M/s Birla Sun Life Insurance Company Ltd

- All types of general insurance policies through a tie-up with M/s Bajaj Allianz General Insurance Company Ltd

- Mutual Fund products of UTI, SBI MF, Reliance MF, Sundaram BNP Paribas MF, Birla Sun life MF, Franklin Templeton MF and LIC MF

- The Bank is a Depository Participant through NSDL and opens demat accounts

- ASBA facility

- Off-line and on-line trading facility is available to the demat customers enabled through a tie-up with M/s Religare Securities Ltd and M/s IDBI Caps respectively

- KVB is one of the authorized banks to open accounts under the New Pension Scheme

Future Outlook

The bank has in place robust risk management systems and adheres to the tenets of Corporate Governance. The bank is well-equipped to boldly take up the challenges in the industry and emerge as a top-notch one-stop-shop techie financial supermarket. KVB will continue its endeavors to bring the best of products and services to its customers to emerge as the techie bank that provides the gateway to Smart Way to bank.

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