Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Karnataka Vikas Grameena Bank for its Akkatangeerahal branch in Gokak, Belgaum, Karnataka, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Karnataka Vikas Grameena Bank located in Gokak or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KVGB0002415. You should definitely 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, Akkatangeerahal, Gokak

Here are the key points that are associated with the IFSC Code KVGB0002415 of Karnataka Vikas Grameena Bank for its branch located in Gokak, within the district of Belgaum in the state of Karnataka.

Particulars Details
Bank Karnataka Vikas Grameena Bank
IFSC Code KVGB0002415
Branch Akkatangeerahal
City Gokak
District Belgaum
State Karnataka
Address Karanataka Vikas Grameena Bank, Co Ningappa Adiveppa Satigeri, Akkatangerhal, Tq Gokak, Dt Belgaum, Karnataka

These details are crucial, not just for online banking users but also for businesses and individuals who use Karnataka Vikas Grameena Bank in Gokak for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVGB0002415 for the Akkatangeerahal branch of Karnataka Vikas Grameena Bank has an 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 Akkatangeerahal, Gokak, Karnataka, is provided a unique IFSC like KVGB0002415 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 Gokak.
  • 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 Gokak and Belgaum.
  • 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 Akkatangeerahal do not get misguided to another person.

Format of the IFSC Code KVGB0002415

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 Akkatangeerahal in Gokak.

For example, the IFSC Code KVGB0002415 of Karnataka Vikas Grameena Bank for the Akkatangeerahal branch includes these elements, identifying the bank and the branch location in Gokak and Karnataka accurately.

How to Find IFSC Code for Karnataka Vikas Grameena Bank?

If you are looking for the IFSC Code KVGB0002415 of Karnataka Vikas Grameena Bank for its Akkatangeerahal branch located in Gokak, 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 Gokak and Belgaum, 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 Akkatangeerahal or Gokak to get the exact IFSC Code KVGB0002415.

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 Gokak, then it will provide you proper information.

How to Use IFSC Code KVGB0002415 for Online Transfers?

Once you have the IFSC Code KVGB0002415 for the Akkatangeerahal branch of Karnataka Vikas Grameena Bank in Gokak, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code KVGB0002415. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 KVGB0002415.

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 Akkatangeerahal in Gokak, your payment can get delayed or might not go through at all.

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 Akkatangeerahal, 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 Gokak manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karnataka Vikas Grameena Bank Akkatangeerahal Gokak?

The IFSC Code of the Akkatangeerahal Gokak branch is KVGB0002415.

Is IFSC Code KVGB0002415 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Karnataka Vikas Grameena Bank Akkatangeerahal branch?

The branch is located at Karanataka Vikas Grameena Bank, Co Ningappa Adiveppa Satigeri, Akkatangerhal, Tq Gokak, Dt Belgaum, 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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