The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Karnataka Vikas Grameena Bank for its Aladangady branch in Aladangady, Dakshin Kannad, Karnataka, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Karnataka Vikas Grameena Bank located in Aladangady or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KVGB0005104. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Karnataka Vikas Grameena Bank, Aladangady, Aladangady
Below in the table are the key details related to IFSC Code KVGB0005104 of Karnataka Vikas Grameena Bank for its branch located in Aladangady, within the district of Dakshin Kannad in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Vikas Grameena Bank |
| IFSC Code | KVGB0005104 |
| Branch | Aladangady |
| City | Aladangady |
| District | Dakshin Kannad |
| State | Karnataka |
| Address | Grama Panchayath Building, 1St Floor, Aladangady-574217, Belthangady Taluk, Dakshina Kannada Dt |
These details are essential not only for online banking users but also for businesses and individuals who use Karnataka Vikas Grameena Bank in Aladangady for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVGB0005104 for the Aladangady branch of Karnataka Vikas Grameena Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Karnataka Vikas Grameena Bank located in Aladangady, Aladangady, Karnataka, are given a unique IFSC like KVGB0005104 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Aladangady.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Aladangady and Dakshin Kannad.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Karnataka Vikas Grameena Bank in Aladangady goes to the correct branch. This is important because Karnataka Vikas Grameena Bank has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code KVGB0005104
The format of the IFSC Code for banks, including Karnataka Vikas Grameena Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Karnataka Vikas Grameena Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Aladangady in Aladangady.
For example, the IFSC Code KVGB0005104 of Karnataka Vikas Grameena Bank for the Aladangady branch includes these elements, identifying the bank and the branch location in Aladangady and Karnataka accurately.
How to Find IFSC Code for Karnataka Vikas Grameena Bank?
To find the IFSC Code KVGB0005104 of Karnataka Vikas Grameena Bank for its Aladangady branch located in Aladangady, the following methods can help you out:
Cheque Book
The cheque book issued by Karnataka Vikas Grameena Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Karnataka Vikas Grameena Bank branches in Aladangady and Dakshin Kannad, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Karnataka Vikas Grameena Bank and go to the branch locator section. Then search for Aladangady or Aladangady to find the exact IFSC Code KVGB0005104.
Mobile Banking App
If you use Karnataka Vikas Grameena Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Karnataka Vikas Grameena Bank and Aladangady will provide accurate information.
How to Use IFSC Code KVGB0005104 for Online Transfers?
Once you have the IFSC Code KVGB0005104 for the Aladangady branch of Karnataka Vikas Grameena Bank in Aladangady, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KVGB0005104. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Karnataka Vikas Grameena Bank IFSC Code KVGB0005104.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Karnataka Vikas Grameena Bank Aladangady in Aladangady, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Karnataka Vikas Grameena Bank in Aladangady, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Karnataka Vikas Grameena Bank website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Aladangady manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is KVGB0005104.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Grama Panchayath Building, 1St Floor, Aladangady-574217, Belthangady Taluk, Dakshina Kannada Dt located in Aladangady, Dakshin Kannad, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.