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IFSC Code of Karnataka Vikas Grameena Bank, Hattimattur, Haveri, Karnataka — KVGB0007501

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Karnataka Vikas Grameena Bank for its Hattimattur branch in Hattimattur, Haveri, or Karnataka, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Karnataka Vikas Grameena Bank located in Hattimattur or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KVGB0007501. 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, Hattimattur, Hattimattur

The table below shows the main details of the IFSC Code KVGB0007501 for the Karnataka Vikas Grameena Bank branch in Hattimattur, which falls under the Haveri district in Karnataka.

Particulars Details
Bank Karnataka Vikas Grameena Bank
IFSC Code KVGB0007501
Branch Hattimattur
City Hattimattur
District Haveri
State Karnataka
Address Hattimattur Branch Gram Panchayat Building,Main Road,Hattimattur - 581 109 Tq. : Savanur,┬Á Dist. : Haveri

These details are crucial, not just for online banking users but also for businesses and individuals who use Karnataka Vikas Grameena Bank in Hattimattur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVGB0007501 for the Hattimattur 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Karnataka Vikas Grameena Bank located in Hattimattur, Hattimattur, Karnataka, are given a unique IFSC like KVGB0007501 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Hattimattur.
  • 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 Hattimattur and Haveri.
  • 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 Hattimattur 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 KVGB0007501

The format of the IFSC Code for banks, including Karnataka Vikas Grameena Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Karnataka Vikas Grameena Bank, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Hattimattur in Hattimattur.

For example, the IFSC Code KVGB0007501 of Karnataka Vikas Grameena Bank for the Hattimattur branch includes these elements, identifying the bank and the branch location in Hattimattur and Karnataka accurately.

How to Find IFSC Code for Karnataka Vikas Grameena Bank?

If you are trying to find the IFSC Code KVGB0007501 of Karnataka Vikas Grameena Bank for its Hattimattur branch located in Hattimattur, the following methods can help:

Cheque Book

The cheque book issued by Karnataka Vikas Grameena Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

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

Bank Website

Visit the official website of Karnataka Vikas Grameena Bank and navigate to the branch locator section. Search for Hattimattur or Hattimattur to get the exact IFSC Code KVGB0007501.

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 keeps an updated list of all IFSC codes. If you search for Karnataka Vikas Grameena Bank and Hattimattur, you'll get the correct details.

How to Use IFSC Code KVGB0007501 for Online Transfers?

Once you have the IFSC Code KVGB0007501 for the Hattimattur branch of Karnataka Vikas Grameena Bank in Hattimattur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code KVGB0007501. 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 KVGB0007501.

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

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 Hattimattur, 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 Hattimattur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karnataka Vikas Grameena Bank Hattimattur Hattimattur?

The IFSC Code of the Hattimattur Hattimattur branch is KVGB0007501.

Is IFSC Code KVGB0007501 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 Hattimattur branch?

The branch is located at Hattimattur Branch Gram Panchayat Building,Main Road,Hattimattur - 581 109 Tq. : Savanur,┬Á Dist. : Haveri.

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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