There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Karnataka Vikas Grameena Bank for its Gokarn branch in Gokarn, Kumta, Karnataka, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Karnataka Vikas Grameena Bank situated in Gokarn or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code KVGB0009351. You should 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, Gokarn, Gokarn
The table below shows the main details of the IFSC Code KVGB0009351 for the Karnataka Vikas Grameena Bank branch in Gokarn, which falls under the Kumta district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Vikas Grameena Bank |
| IFSC Code | KVGB0009351 |
| Branch | Gokarn |
| City | Gokarn |
| District | Kumta |
| State | Karnataka |
| Address | Gokarna Branch, Sreelaxmi, Near Bus Stand, Ta: Kumata 581 326, Dist: Uttara Kannada |
These details are crucial, not just for online banking users but also for businesses and individuals who use Karnataka Vikas Grameena Bank in Gokarn for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVGB0009351 for the Gokarn 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 Gokarn, Gokarn, Karnataka, is provided a unique IFSC like KVGB0009351 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 Gokarn.
- 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 Gokarn and Kumta.
- 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 Gokarn do not get misguided to another person.
Format of the IFSC Code KVGB0009351
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 Gokarn in Gokarn.
For example, the IFSC Code KVGB0009351 of Karnataka Vikas Grameena Bank for the Gokarn branch includes these elements, identifying the bank and the branch location in Gokarn and Karnataka accurately.
How to Find IFSC Code for Karnataka Vikas Grameena Bank?
To find the IFSC Code KVGB0009351 of Karnataka Vikas Grameena Bank for its Gokarn branch located in Gokarn, the following methods can help you out:
Cheque Book
The cheque book issued by Karnataka Vikas Grameena Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Karnataka Vikas Grameena Bank branches in Gokarn and Kumta, 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 go to the branch locator section. Then search for Gokarn or Gokarn to find the exact IFSC Code KVGB0009351.
Mobile Banking App
If you use Karnataka Vikas Grameena Bank's mobile app, you can 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. Searching for Karnataka Vikas Grameena Bank and Gokarn will provide accurate information.
How to Use IFSC Code KVGB0009351 for Online Transfers?
Once you have the IFSC Code KVGB0009351 for the Gokarn branch of Karnataka Vikas Grameena Bank in Gokarn, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KVGB0009351. 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 KVGB0009351.
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 Gokarn in Gokarn 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 Gokarn, 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 Gokarn manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is KVGB0009351.
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 Gokarna Branch, Sreelaxmi, Near Bus Stand, Ta: Kumata 581 326, Dist: Uttara Kannada located in Gokarn, Kumta, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.