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IFSC Code of Karnataka Vikas Grameena Bank, Hire Padasalagi, Bagalkot, Karnataka — KVGB0001407

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 Hire Padasalagi branch in Hirepadasalgi, Bagalkot, 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 Hirepadasalgi or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code KVGB0001407. 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, Hire Padasalagi, Hirepadasalgi

Below in the table are the key details related to IFSC Code KVGB0001407 of Karnataka Vikas Grameena Bank for its branch located in Hirepadasalgi, within the district of Bagalkot in the state of Karnataka.

Particulars Details
Bank Karnataka Vikas Grameena Bank
IFSC Code KVGB0001407
Branch Hire Padasalagi
City Hirepadasalgi
District Bagalkot
State Karnataka
Address Hirepadasalagi Branch Hutagi┬Á Building, D.No.108, Hirepadasalagi- 587 323, Tq : Jamakhandi. Dist : Bagalkot.

These details are important not only for users using online banking but also for businesses and individuals who use Karnataka Vikas Grameena Bank in Hirepadasalgi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code KVGB0001407 for the Hire Padasalagi branch of Karnataka Vikas Grameena Bank is vital.

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 Hire Padasalagi, Hirepadasalgi, Karnataka, are given a unique IFSC like KVGB0001407 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Hirepadasalgi.
  • 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 Hirepadasalgi 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 helps ensure that any money sent to Karnataka Vikas Grameena Bank in Hire Padasalagi 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 KVGB0001407

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 Hire Padasalagi in Hirepadasalgi.

For example, the IFSC Code KVGB0001407 of Karnataka Vikas Grameena Bank for the Hire Padasalagi branch includes these elements, identifying the bank and the branch location in Hirepadasalgi and Karnataka accurately.

How to Find IFSC Code for Karnataka Vikas Grameena Bank?

If you are trying to find the IFSC Code KVGB0001407 of Karnataka Vikas Grameena Bank for its Hire Padasalagi branch located in Hirepadasalgi, 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 Hirepadasalgi and Bagalkot, 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 Hire Padasalagi or Hirepadasalgi to get the exact IFSC Code KVGB0001407.

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 Hirepadasalgi, you'll get the correct details.

How to Use IFSC Code KVGB0001407 for Online Transfers?

Once you have the IFSC Code KVGB0001407 for the Hire Padasalagi branch of Karnataka Vikas Grameena Bank in Hirepadasalgi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code KVGB0001407. 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 KVGB0001407.

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 Hire Padasalagi in Hirepadasalgi, 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 Hire Padasalagi, 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 Hirepadasalgi manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karnataka Vikas Grameena Bank in Hire Padasalagi, Hirepadasalgi?

The IFSC Code is KVGB0001407.

Is the IFSC Code KVGB0001407 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Karnataka Vikas Grameena Bank Hire Padasalagi?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Hire Padasalagi branch?

The address of the branch is Hirepadasalagi Branch Hutagi┬Á Building, D.No.108, Hirepadasalagi- 587 323, Tq : Jamakhandi. Dist : Bagalkot. located in Hirepadasalgi, Bagalkot, 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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