Hello sir, I’m regular customer of Karur Vysya Bank. I want to transfer some fund from Karur Vysya Bank to state bank of India. Is there any can suggest me how to transfer money from Karur Vysya Bank to SBI?

In every banks money should be transfer using RTGS, NEFT and IFSC codes service. The Real Time Gross Settlement (RTGS) is a network technology payment system. The transfer of funds by this mechanism happens instantaneously.

Through RTGS, the credit to the beneficiary/payee is given within a few hours. There is no limit to geographical boundaries or clearing houses.


Money transfer from KVB to SBI application form




Through RTGS:

Commission income for transactions:

Value Band through Branch through Net banking
Charges Charges
Rs.1 lakh to Rs.2 lakhs Free Free
Above Rs. 2 lakh to Rs. 5 lakh Rs. 25/- + Applicable ST Rs. 15/- + Applicable ST
Above Rs. 5 Lakh Rs. 50/- + Applicable ST Rs. 30/- + Applicable ST

Through NEFT:

Commission income for transactions
Value Band through Branch through Net banking
Charges Charges
Up to Rs. 1 lakh Rs. 5/- + Applicable ST Free
Above Rs. 1 lakh to Rs. 2 lakh Rs. 15/- + Applicable ST Rs. 10/- + Applicable ST
Above Rs. 2 Lakh Rs. 25/- + Applicable ST Rs. 10/- + Applicable ST