Karur Vysya Bank is in the process of migrating to the latest version of Core Banking Solution (CBS).
All precautionary steps for smooth migration are already put in place. However, during migration activity Internet & Mobile Banking, IMPS, UPI Services and functioning of a few branches working would be disrupted from May 24, 2019, to May 26, 2019.
Further, ATM/POS services will be available for customers as usual. The Bank communicated to all its customers about the downtime by way of public notices issued through SMS, Emails, Notices at Branches and in Internet banking website of the Bank to plan their transactions to avoid any inconvenience and any other matters connected therein will be informed in due course.
Karur Vysya Bank is among six old generation private sector banks that have been identified by the Reserve Bank of India (RBI) to implement Speed Clearing at Mumbai.