The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Karnataka Vikas Grameena Bank for its Hirekudi branch in Hirekudi, Chikkodi, Karnataka, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Karnataka Vikas Grameena Bank located in Hirekudi or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KVGB0002305. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Karnataka Vikas Grameena Bank, Hirekudi, Hirekudi
Below in the table are the key details related to IFSC Code KVGB0002305 of Karnataka Vikas Grameena Bank for its branch located in Hirekudi, within the district of Chikkodi in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Vikas Grameena Bank |
| IFSC Code | KVGB0002305 |
| Branch | Hirekudi |
| City | Hirekudi |
| District | Chikkodi |
| State | Karnataka |
| Address | Hirekodi Branch┬Á┬Á┬Á┬Ámain Road, Hirekodi - 591 274. Tq. : Chikkodi,┬Á Dist. : Belgaum┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á |
These details are crucial, not just for online banking users but also for businesses and individuals who use Karnataka Vikas Grameena Bank in Hirekudi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVGB0002305 for the Hirekudi 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 Hirekudi, Hirekudi, Karnataka, are given a unique IFSC like KVGB0002305 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Hirekudi.
- 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 Hirekudi and Chikkodi.
- 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 Hirekudi 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 KVGB0002305
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): These represent the bank code. In Karnataka Vikas Grameena Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Hirekudi in Hirekudi.
For example, the IFSC Code KVGB0002305 of Karnataka Vikas Grameena Bank for the Hirekudi branch has these elements, identifying the bank and the branch location in Hirekudi and Karnataka correctly.
How to Find IFSC Code for Karnataka Vikas Grameena Bank?
If you are trying to find the IFSC Code KVGB0002305 of Karnataka Vikas Grameena Bank for its Hirekudi branch located in Hirekudi, 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 Hirekudi and Chikkodi, 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 Hirekudi or Hirekudi to get the exact IFSC Code KVGB0002305.
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 Hirekudi, you'll get the correct details.
How to Use IFSC Code KVGB0002305 for Online Transfers?
If you have the IFSC Code KVGB0002305 for the Hirekudi branch of Karnataka Vikas Grameena Bank in Hirekudi, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KVGB0002305. 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 KVGB0002305.
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 Hirekudi in Hirekudi, it 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 Hirekudi, 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 Hirekudi manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is KVGB0002305.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Hirekodi Branch┬Á┬Á┬Á┬Ámain Road, Hirekodi - 591 274. Tq. : Chikkodi,┬Á Dist. : Belgaum┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á located in Hirekudi, Chikkodi, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.