Karur Vysya Bank is a south Indian private sector bank established in the year 1916, headquartered in Karur in Tamil Nadu. The bank commenced with a vast agricultural background by Athi Krishna Chettiar and M. A. Venkatarama Chettiar. The bank was started with a capital of Rs. 1 Lakh, now it became a leading financial institution that offers a plethora of financial products and services to millions of customers under one roof. The bank elementary operates in corporate, wholesale, retail and treasury banking divisions.
The bank provides services such as – Corporate, Personal and Agricultural services to Small and Medium Enterprises and NRI’s. Under the personal banking service, the bank provides various loans such as- KVB home loan, KVB personal loan, KVB business loan, and similar other loans. Other services include- Insurance, Fixed deposits, Corporate banking, Demat account, Internet banking, and Mobile banking. The bank has 798 branches and 1,780 ATMs as of July 2018 and Recycler/Cash deposit machines as on 31st March 2017.
The bank is one of the leading banks in deploying ATMs, fully automated passbook printers & cheque, bunch note recycler machines, deposit kiosks as a move towards self- service banking.