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 Doni branch in Dambal, Gadag, 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 Dambal or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KVGB0006109. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Karnataka Vikas Grameena Bank, Doni, Dambal
Below in the table are the key details related to IFSC Code KVGB0006109 of Karnataka Vikas Grameena Bank for its branch located in Dambal, within the district of Gadag in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Vikas Grameena Bank |
| IFSC Code | KVGB0006109 |
| Branch | Doni |
| City | Dambal |
| District | Gadag |
| State | Karnataka |
| Address | Gram Panchayat Building At & Po. Doni Tq. Mundargi Pin ┬Û 582 103 |
These details are essential not only for online banking users but also for businesses and individuals who use Karnataka Vikas Grameena Bank in Dambal for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVGB0006109 for the Doni 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, including Karnataka Vikas Grameena Bank located in Doni, Dambal, Karnataka, is provided with a unique IFSC like KVGB0006109 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Karnataka Vikas Grameena Bank branch in Dambal.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Dambal and Gadag.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Karnataka Vikas Grameena Bank in Doni do not get mixed with another location.
Format of the IFSC Code KVGB0006109
This is the format of the IFSC Code for banks, including Karnataka Vikas Grameena Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Karnataka Vikas Grameena Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Doni in Dambal.
For example, the IFSC Code KVGB0006109 of Karnataka Vikas Grameena Bank for the Doni branch includes these elements, identifying the bank and the branch location in Dambal and Karnataka accurately.
How to Find IFSC Code for Karnataka Vikas Grameena Bank?
If you are trying to find the IFSC Code KVGB0006109 of Karnataka Vikas Grameena Bank for its Doni branch located in Dambal, the following methods can help:
Cheque Book
The cheque books that are issued by Karnataka Vikas Grameena Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Karnataka Vikas Grameena Bank branches in Dambal and Gadag, 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 find the branch locator section. Search for Doni or Dambal to get the exact IFSC Code KVGB0006109.
Mobile Banking App
If you use Karnataka Vikas Grameena Bank's mobile app, you can easily 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 to help you in searching for Karnataka Vikas Grameena Bank and Dambal that will provide accurate information.
How to Use IFSC Code KVGB0006109 for Online Transfers?
If you have the IFSC Code KVGB0006109 for the Doni branch of Karnataka Vikas Grameena Bank in Dambal, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KVGB0006109. 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 KVGB0006109.
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 Doni in Dambal, 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 Doni, 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 Dambal to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is KVGB0006109.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Gram Panchayat Building At & Po. Doni Tq. Mundargi Pin ┬Û 582 103 located in Dambal, Gadag, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.