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IFSC Code of Karnataka Vikas Grameena Bank, Anagawadi, Bagalkot, Karnataka — KVGB0001202

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Karnataka Vikas Grameena Bank for its Anagawadi branch in Anagwadi, Bagalkot, Karnataka, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Karnataka Vikas Grameena Bank situated in Anagwadi or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code KVGB0001202. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Karnataka Vikas Grameena Bank, Anagawadi, Anagwadi

The table below shows the main details of the IFSC Code KVGB0001202 for the Karnataka Vikas Grameena Bank branch in Anagwadi, which falls under the Bagalkot district in Karnataka.

Particulars Details
Bank Karnataka Vikas Grameena Bank
IFSC Code KVGB0001202
Branch Anagawadi
City Anagwadi
District Bagalkot
State Karnataka
Address Anagawadi Branch Anagawadi - 587 116, Tq : Bilagi. Dist : Bagalkot.

These details are essential not only for online banking users but also for businesses and individuals who use Karnataka Vikas Grameena Bank in Anagwadi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVGB0001202 for the Anagawadi 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 that is provided by the Reserve Bank of India. A unique IFSC like KVGB0001202 is given to every bank branch, including Karnataka Vikas Grameena Bank located in Anagawadi, Anagwadi, Karnataka, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Karnataka Vikas Grameena Bank branch in Anagwadi.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Anagwadi and Bagalkot.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Karnataka Vikas Grameena Bank in Anagawadi doesn't end up at another location.

Format of the IFSC Code KVGB0001202

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 Anagawadi in Anagwadi.

For example, the IFSC Code KVGB0001202 of Karnataka Vikas Grameena Bank for the Anagawadi branch includes these elements, identifying the bank and the branch location in Anagwadi and Karnataka accurately.

How to Find IFSC Code for Karnataka Vikas Grameena Bank?

If you are trying to find the IFSC Code KVGB0001202 of Karnataka Vikas Grameena Bank for its Anagawadi branch located in Anagwadi, the following methods can help:

Cheque Book

The cheque book issued by Karnataka Vikas Grameena Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Karnataka Vikas Grameena Bank branches in Anagwadi and Bagalkot, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Karnataka Vikas Grameena Bank and navigate to the branch locator section. Search for Anagawadi or Anagwadi to get the exact IFSC Code KVGB0001202.

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 keeps an updated list of all IFSC codes. If you search for Karnataka Vikas Grameena Bank and Anagwadi, you'll get the correct details.

How to Use IFSC Code KVGB0001202 for Online Transfers?

If you have the IFSC Code KVGB0001202 for the Anagawadi branch of Karnataka Vikas Grameena Bank in Anagwadi, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code KVGB0001202. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and Karnataka Vikas Grameena Bank IFSC Code KVGB0001202.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Karnataka Vikas Grameena Bank Anagawadi in Anagwadi, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Karnataka Vikas Grameena Bank in Anagawadi, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Anagwadi to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karnataka Vikas Grameena Bank in Anagawadi, Anagwadi?

The IFSC Code is KVGB0001202.

Is the IFSC Code KVGB0001202 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Karnataka Vikas Grameena Bank Anagawadi?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Anagawadi branch?

The address of the branch is Anagawadi Branch Anagawadi - 587 116, Tq : Bilagi. Dist : Bagalkot. located in Anagwadi, Bagalkot, Karnataka.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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