The Karur Vysya Bank is located in Karur in Tamil Nadu. It was established in 1916 and now it has emerged as a one of the leading private sector banks in India. It has started with the small capital of one lakh rupees to give the financial help to the traders and small agriculturists in and around Karur. The bank uses Core Banking solutions and became a leading banking sector to achieve full networking for its branches. It has large network with around 312 branches and provide the money to its customers with 322 ATM machines that works 24 hours. The bank has lowest net NPA ratios of 0.25 percent compared to other Indian bank. And since 2003-04 it has earned profits and declared 100 percent dividend.
The Karur Vysya Bank has different banking facility and customer services. For its customer it provide personal banking facilities in which you can get different account like savings account, students saving account, current account and multi-city account. The bank offers you with the high interest rates on deposits. The farmers can enjoy the green card and valuable loan to make their life more comfortable and fulfills their dream. The bank offers some useful services like Locker facility and VISA debit card. It provides a new service verified by Visa in which customers uses its personal password with the Karur Vysya Bank Visa card. Through this you can purchase anything from the internet shopping. You dont have to install any new software to use verified by Visa. You can apply for Karur Vysya Bank Visa card from any branch of Karur Vysya Bank.
The bank has made different agreement with different insurance company like Bajaj Allianz, General Insurance Company, Birla Sun Life insurance company which provide different kinds of insurance policies to its customers. The bank also insists its customers to invest their money in different mutual funds distributed by the Karur Vysya Bank such as SBI mutual fund, Reliance mutual fund, Sundaram BNP Paribas mutual fund etc. The Karur Vysya Bank offers you internet banking facilities and mobile banking facilities. You can use this service to pay your bills and do shopping by just sitting at your home. It also offers services to NRIs like FCNR accounts, NRE accounts, NRO accounts and other loan facilities. It provide 24 hours service with multiple delivery channels.