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 Ganjihal branch in Ganjihal, Bagalkot, 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 Ganjihal or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KVGB0001304. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Karnataka Vikas Grameena Bank, Ganjihal, Ganjihal
Here are the main details that are associated with the IFSC Code KVGB0001304 of Karnataka Vikas Grameena Bank for its branch located in Ganjihal, within the district of Bagalkot in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Vikas Grameena Bank |
| IFSC Code | KVGB0001304 |
| Branch | Ganjihal |
| City | Ganjihal |
| District | Bagalkot |
| State | Karnataka |
| Address | Ganjihal Branch Gram Panchayat Bldg, Door No. 487, Main Road,┬Á┬Áganjihal ┬Û587115 Tq : Hungund,┬Á Dist: Bagalkot┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á |
These details are essential not only for online banking users but also for businesses and individuals who use Karnataka Vikas Grameena Bank in Ganjihal for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVGB0001304 for the Ganjihal 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 Ganjihal, Ganjihal, Karnataka, are allotted a unique IFSC like KVGB0001304 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Ganjihal.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Ganjihal and Bagalkot.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Karnataka Vikas Grameena Bank in Ganjihal reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code KVGB0001304
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 Ganjihal in Ganjihal.
For example, the IFSC Code KVGB0001304 of Karnataka Vikas Grameena Bank for the Ganjihal branch includes these elements, identifying the bank and the branch location in Ganjihal and Karnataka accurately.
How to Find IFSC Code for Karnataka Vikas Grameena Bank?
If you are looking for the IFSC Code KVGB0001304 of Karnataka Vikas Grameena Bank for its Ganjihal branch located in Ganjihal, 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 Ganjihal and Bagalkot, 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 Ganjihal or Ganjihal to get the exact IFSC Code KVGB0001304.
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 Ganjihal, then it will provide you proper information.
How to Use IFSC Code KVGB0001304 for Online Transfers?
If you have the IFSC Code KVGB0001304 for the Ganjihal branch of Karnataka Vikas Grameena Bank in Ganjihal, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KVGB0001304. 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 KVGB0001304.
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 Ganjihal in Ganjihal, 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 Ganjihal, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Ganjihal manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Ganjihal Ganjihal branch is KVGB0001304.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ganjihal Branch Gram Panchayat Bldg, Door No. 487, Main Road,┬Á┬Áganjihal ┬Û587115 Tq : Hungund,┬Á Dist: Bagalkot┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.