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IFSC Code of Karnataka Vikas Grameena Bank, Hole-Itagi, Gadag, Karnataka — KVGB0006401

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 Hole-Itagi branch in Hole-Itagi, Gadag, 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 Hole-Itagi or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KVGB0006401. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Karnataka Vikas Grameena Bank, Hole-Itagi, Hole-Itagi

The table below shows the main details of the IFSC Code KVGB0006401 for the Karnataka Vikas Grameena Bank branch in Hole-Itagi, which falls under the Gadag district in Karnataka.

Particulars Details
Bank Karnataka Vikas Grameena Bank
IFSC Code KVGB0006401
Branch Hole-Itagi
City Hole-Itagi
District Gadag
State Karnataka
Address Hole-Itagi Branch Ganiger Building,Hole Itagi - 582 112. Tq. : Shirahatti, Dist. : Gadag.

These details are essential not only for online banking users but also for businesses and individuals who use Karnataka Vikas Grameena Bank in Hole-Itagi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVGB0006401 for the Hole-Itagi branch of Karnataka Vikas Grameena Bank plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like KVGB0006401 is given to every bank branch, including Karnataka Vikas Grameena Bank located in Hole-Itagi, Hole-Itagi, Karnataka, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Karnataka Vikas Grameena Bank branch in Hole-Itagi.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Hole-Itagi and Gadag.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Karnataka Vikas Grameena Bank in Hole-Itagi doesn't end up at another location.

Format of the IFSC Code KVGB0006401

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 Hole-Itagi in Hole-Itagi.

For example, the IFSC Code KVGB0006401 of Karnataka Vikas Grameena Bank for the Hole-Itagi branch includes these elements, identifying the bank and the branch location in Hole-Itagi and Karnataka accurately.

How to Find IFSC Code for Karnataka Vikas Grameena Bank?

If you are trying to find the IFSC Code KVGB0006401 of Karnataka Vikas Grameena Bank for its Hole-Itagi branch located in Hole-Itagi, 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 Hole-Itagi and Gadag, 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 Hole-Itagi or Hole-Itagi to get the exact IFSC Code KVGB0006401.

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 Hole-Itagi, you'll get the correct details.

How to Use IFSC Code KVGB0006401 for Online Transfers?

Once you have the IFSC Code KVGB0006401 for the Hole-Itagi branch of Karnataka Vikas Grameena Bank in Hole-Itagi, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code KVGB0006401. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Karnataka Vikas Grameena Bank IFSC Code KVGB0006401.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Karnataka Vikas Grameena Bank Hole-Itagi in Hole-Itagi, it can result in delayed or failed transactions.

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 Hole-Itagi, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Hole-Itagi to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karnataka Vikas Grameena Bank in Hole-Itagi, Hole-Itagi?

The IFSC Code is KVGB0006401.

Is the IFSC Code KVGB0006401 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Karnataka Vikas Grameena Bank Hole-Itagi?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Hole-Itagi branch?

The address of the branch is Hole-Itagi Branch Ganiger Building,Hole Itagi - 582 112. Tq. : Shirahatti, Dist. : Gadag. located in Hole-Itagi, Gadag, 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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