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IFSC Code of Karnataka Vikas Grameena Bank, Devara Navadagi, Bijapur, Karnataka — KVGB0003407

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 Devara Navadagi branch in Devarnavadgi, Bijapur, 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 Devarnavadgi or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KVGB0003407. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Karnataka Vikas Grameena Bank, Devara Navadagi, Devarnavadgi

Here are some of the key details that come with the IFSC Code KVGB0003407 of Karnataka Vikas Grameena Bank for its branch located in Devarnavadgi, within the district of Bijapur in the state of Karnataka.

Particulars Details
Bank Karnataka Vikas Grameena Bank
IFSC Code KVGB0003407
Branch Devara Navadagi
City Devarnavadgi
District Bijapur
State Karnataka
Address Devaranavadagi Branch Kulkarni'S Building,D.No.111, Main Road,Devara Navadagi - 586 206,Tq: Sindagi. Dist :Bijapur

These details help users in online banking and for businesses and individuals who use Karnataka Vikas Grameena Bank in Devarnavadgi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVGB0003407 for the Devara Navadagi branch of Karnataka Vikas Grameena Bank has a very 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 Devara Navadagi, Devarnavadgi, Karnataka, are given a unique IFSC like KVGB0003407 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Devarnavadgi.
  • 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 Devarnavadgi and Bijapur.
  • 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 Devara Navadagi 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 KVGB0003407

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 Devara Navadagi in Devarnavadgi.

For example, the IFSC Code KVGB0003407 of Karnataka Vikas Grameena Bank for the Devara Navadagi branch includes these elements, identifying the bank and the branch location in Devarnavadgi and Karnataka accurately.

How to Find IFSC Code for Karnataka Vikas Grameena Bank?

If you are looking for the IFSC Code KVGB0003407 of Karnataka Vikas Grameena Bank for its Devara Navadagi branch located in Devarnavadgi, the following methods can help:

Cheque Book

The cheque book that is issued by Karnataka Vikas Grameena Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Karnataka Vikas Grameena Bank and look for the branch locator section, then search for Devara Navadagi or Devarnavadgi to get the exact IFSC Code KVGB0003407.

Mobile Banking App

If you use Karnataka Vikas Grameena Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Karnataka Vikas Grameena Bank and Devarnavadgi, then it will provide you proper information.

How to Use IFSC Code KVGB0003407 for Online Transfers?

Once you have the IFSC Code KVGB0003407 for the Devara Navadagi branch of Karnataka Vikas Grameena Bank in Devarnavadgi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code KVGB0003407. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Karnataka Vikas Grameena Bank IFSC Code KVGB0003407.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Karnataka Vikas Grameena Bank Devara Navadagi in Devarnavadgi, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Karnataka Vikas Grameena Bank in Devara Navadagi, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Karnataka Vikas Grameena Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Devarnavadgi manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karnataka Vikas Grameena Bank in Devara Navadagi, Devarnavadgi?

The IFSC Code is KVGB0003407.

Is the IFSC Code KVGB0003407 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Devara Navadagi branch?

The address of the branch is Devaranavadagi Branch Kulkarni'S Building,D.No.111, Main Road,Devara Navadagi - 586 206,Tq: Sindagi. Dist :Bijapur located in Devarnavadgi, Bijapur, 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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