for other uses see kvb disambiguation . this article does not cite any sources . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . october 2013 learn how and when to remove this template message this article contains content that is written like an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . may 2015 learn how and when to remove this template message the karur vysya bank limited type private bse 590003 industry banking financial services founded 1916 headquarters karur tamil nadu india key people b.swaminathan chairman k. venkataraman md & ceo g. rajasekaran director a j suriyanarayana director k. k.balu director n s srinath director dr. prasad director m k venkatesan director a k praburaj director k l vijayalakshmi director products investment banking commercial banking retail banking private banking asset management mortgages gift cards multicurrency travel card prepaid cards kvb e book mobile app credit cards operating income 5 126.6 million us 76 million 2011 2012 number of employees 7 071 30 november 2013 website https www.kvb.co.in karur vysya bank tamil is a private sector indian bank headquartered in karur in tamil nadu . it was set up in 1916 by m. a. venkatarama chettiar and athi krishna chettiar.it is one of the largest old generation private bank in india and also largest tamil nadu based private bank followed by city union bank tamil nadu mercantile bank and lakshmi vilas bank . as on 31st march 2015 the bank has around 7 500 employees . the bank is a member of iba and its employees are have union registered with aibea.the bank also offers internet banking and mobile banking facilities to its customers . the bank is known for its cash deposit machines cdm a major technology initiative taken only by few banks in india.this bank is also an excellent paymaster amongst all private sector banks.the bank has been paying an ex gratia each year to all employees for several years . . contents 1 history 2 branch and atm network 3 technological details 4 banking and para banking services 5 external links history edit the karur vysya bank limited popularly known as kvb was set up in 1916 by mr m.a venkatarama chettiar and mr athi krishna chettiar to capitalise on the previously unexploited market of traders and agriculturists in and around karur a town in tamil nadu . origins though the bank started with a seed capital of 1 lakh as with most banks the seed capital has grown as have the services sold . the bank is managed and guided by the board of directors drawn from different fields . realising that there is more money elsewhere the bank expanded out of karur and established approximately 668 branches in other states and union territories in order to gain a pan india presence . shri k.k. balu was appointed as an additional director of the bank on 27 january 2012 . branch and atm network edit a karur vysya bank branch it has 684 branches and network of 1669 atm s and around 360 cash deposit machines as on 8th sep 2016 . kvb total business till june 2016 was around 92000 crores . citation needed technological details edit kvb markets services through multiple channels including any branch banking clarification needed multicity account facilities internet banking unlocking of internet banking user id through sms . online tax payments through internet banking on line utility bill payments and shopping facilities on line payment of electricity bill in tamil nadu tneb through net banking e commerce facilities utilising verified by visa mobile banking inter bank transfer of funds through inter bank mobile payment services of npci . point of sale machines real time gross settlement rtgs and national electronic funds transfer neft facilities at all branches visa and mastercard debit cards on line train ticket and air ticket booking using kvb visa debit card visa enabled gift and travel card visa kvb sbi credit card card to card and card to account transfer of funds through kvb atms payment of institutional fees through atms 24 x 7 toll free professional help desk services for all atm internet banking mobile banking and e commerce transactions . atm cash deposit machine banking and para banking services edit deposit and loan products nre fcnr deposits and remittance services targeting nris . general insurance policies in association with bajaj allianz general insurance life insurance policies provided by birla sun life insurance the distribution of mutual fund products of uti sbi mf reliance mf sundaram bnp paribas mf birla sunlife mf franklin templeton mf and lic mf the bank is a depository participant through nsdl and opens demat accounts asba facility available . 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 legally authorised open accounts under the new pension scheme . kvb pos terminal facility is available at merchant establishments . kvb tie up with sbi cards for a co branded credit card external links edit wikimedia commons has media related to karur vysya bank . the official site of the karur vysya bank limited v t e banking in india reserve bank reserve bank of india public sector banks allahabad bank andhra bank bank of baroda bank of india bank of maharashtra bharatiya mahila bank canara bank central bank of india corporation bank dena bank idbi bank indian bank indian overseas bank oriental bank of commerce post bank of india punjab & sind bank punjab national bank state bank of bikaner & jaipur state bank of hyderabad state bank of india state bank of mysore state bank of patiala state bank of travancore syndicate bank uco bank union bank of india united bank of india vijaya bank private sector banks axis bank bandhan bank catholic syrian bank city union bank dcb bank dhanlaxmi bank federal bank hdfc bank icici bank idfc bank indusind bank jammu & kashmir bank karnataka bank karur vysya bank kotak mahindra bank lakshmi vilas bank nainital bank rbl bank ratnakar bank south indian bank tamilnad mercantile bank limited yes bank cooperative banks buldhana urban cosmos bank repco bank saraswat bank shamrao vithal co op . bank tnsc bank rajkot nagrik sahakari bank foreign banks abn amro abu dhabi commercial bank antwerp diamond bank australia and new zealand banking group bank internasional indonesia bank of america bank of bahrain and kuwait bank of ceylon the bank of tokyo mitsubishi ufj barclays citibank india credit suisse deutsche bank hsbc the royal bank of scotland scotiabank standard chartered regional rural banks andhra pragathi grameena bank kerala gramin bank bangiya gramin vikash bank gramin bank of aryavart north malabar gramin bank pallavan grama bank pandyan grama bank paschim banga gramin bank sarva up gramin bank south malabar gramin bank uttar bihar gramin bank vananchal gramin bank list of regional rural banks in uttar pradesh interbank networks bancs cashnet cirrus imps upi mitr nfs plus rupay defunct banks alliance bank of simla arbuthnot & co bank of bombay bank of calcutta bank of chettinad bank of cochin bank of hindostan bank of madras bank of madura bank of rajasthan bank of thanjavur bareilley corporation bank bengal central bank bharat overseas bank centurion bank of punjab chartered bank of india australia and china commercial bank of india dass bank exchange bank of india & africa global trust bank grindlays bank hindustan commercial bank imperial bank of india ing vysya bank lakshmi commercial bank lord krishna bank madhavpura mercantile cooperative bank mercantile bank of india london and china miraj state bank nath bank nedungadi bank new bank of india oriental bank corporation oudh commercial bank palai central bank pandyan bank sikkim bank state bank of indore state bank of saurashtra times bank united industrial bank united western bank related topics banks board bureau banking codes and standards board of india atm usage fees in india de materialisation demat foreign exchange forex indian financial system code ifsc list of banks in india national electronic fund transfer neft national payments corporation of india real time gross settlement rtgs structured financial messaging system sfms prepaid payment instruments in india retrieved from https en.wikipedia.org w index.php title karur vysya bank & oldid 739031479 categories banks of indiabanks established in 1916hidden categories use dmy dates from march 2013use indian english from october 2013all wikipedia articles written in indian englisharticles lacking sources from october 2013all articles lacking sourcesarticles with a promotional tone from may 2015all articles with a promotional tonepages using infobox company with unsupported parametersall articles with unsourced statementsarticles with unsourced statements from may 2015wikipedia articles needing clarification from october 2013commons category with local link same as on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages edit links this page was last modified on 12 september 2016 at 11 36 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view