For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Karnataka Vikas Grameena Bank for its Devihosur branch in Devi.Hosur, Haveri, Karnataka, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Karnataka Vikas Grameena Bank located in Devi.Hosur or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KVGB0007204. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Karnataka Vikas Grameena Bank, Devihosur, Devi.Hosur
Below in the table are the key details related to IFSC Code KVGB0007204 of Karnataka Vikas Grameena Bank for its branch located in Devi.Hosur, within the district of Haveri in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Vikas Grameena Bank |
| IFSC Code | KVGB0007204 |
| Branch | Devihosur |
| City | Devi.Hosur |
| District | Haveri |
| State | Karnataka |
| Address | Devihosur Branchpanchayat Building, Devihosur - 581 152. Tq. : Haveri, Dist. : Haveri. |
These details help users in online banking and for businesses and individuals who use Karnataka Vikas Grameena Bank in Devi.Hosur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVGB0007204 for the Devihosur 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Karnataka Vikas Grameena Bank located in Devihosur, Devi.Hosur, Karnataka, is provided a unique IFSC like KVGB0007204 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Karnataka Vikas Grameena Bank branch in Devi.Hosur.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Devi.Hosur and Haveri.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Karnataka and the rest of India, the IFSC Code ensures that transactions meant for Karnataka Vikas Grameena Bank in Devihosur do not get misguided to another person.
Format of the IFSC Code KVGB0007204
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 Devihosur in Devi.Hosur.
For example, the IFSC Code KVGB0007204 of Karnataka Vikas Grameena Bank for the Devihosur branch includes these elements, identifying the bank and the branch location in Devi.Hosur and Karnataka accurately.
How to Find IFSC Code for Karnataka Vikas Grameena Bank?
If you are trying to find the IFSC Code KVGB0007204 of Karnataka Vikas Grameena Bank for its Devihosur branch located in Devi.Hosur, 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 Devi.Hosur and Haveri, 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 Devihosur or Devi.Hosur to get the exact IFSC Code KVGB0007204.
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 Devi.Hosur that will provide accurate information.
How to Use IFSC Code KVGB0007204 for Online Transfers?
Once you have the IFSC Code KVGB0007204 for the Devihosur branch of Karnataka Vikas Grameena Bank in Devi.Hosur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KVGB0007204. Transfers are processed in batches. This is 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. Requires the recipient's account details and Karnataka Vikas Grameena Bank IFSC Code KVGB0007204.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Karnataka Vikas Grameena Bank Devihosur in Devi.Hosur may 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 Devihosur, 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 Devi.Hosur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is KVGB0007204.
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 Devihosur Branchpanchayat Building, Devihosur - 581 152. Tq. : Haveri, Dist. : Haveri. located in Devi.Hosur, Haveri, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.