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IFSC Code of Karnataka Vikas Grameena Bank, Hungund, Kumta, Karnataka — KVGB0009401

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 Hungund branch in Hungunda, Kumta, 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 Hungunda or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KVGB0009401. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Karnataka Vikas Grameena Bank, Hungund, Hungunda

Here are the key points that are associated with the IFSC Code KVGB0009401 of Karnataka Vikas Grameena Bank for its branch located in Hungunda, within the district of Kumta in the state of Karnataka.

Particulars Details
Bank Karnataka Vikas Grameena Bank
IFSC Code KVGB0009401
Branch Hungund
City Hungunda
District Kumta
State Karnataka
Address Hungund Branch Po: Hunagund- 581349, Ta: Mundagod,Dist Uttara Kannada.

These details help users in online banking and for businesses and individuals who use Karnataka Vikas Grameena Bank in Hungunda for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVGB0009401 for the Hungund branch of Karnataka Vikas Grameena Bank has a very 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 Hungund, Hungunda, Karnataka, is provided a unique IFSC like KVGB0009401 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 Hungunda.
  • 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 Hungunda 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 Hungund do not get misguided to another person.

Format of the IFSC Code KVGB0009401

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 Hungund in Hungunda.

For example, the IFSC Code KVGB0009401 of Karnataka Vikas Grameena Bank for the Hungund branch includes these elements, identifying the bank and the branch location in Hungunda and Karnataka accurately.

How to Find IFSC Code for Karnataka Vikas Grameena Bank?

If you are looking for the IFSC Code KVGB0009401 of Karnataka Vikas Grameena Bank for its Hungund branch located in Hungunda, the following methods can help:

Cheque Book

The cheque book that is issued by Karnataka Vikas Grameena Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Karnataka Vikas Grameena Bank and look for the branch locator section, then search for Hungund or Hungunda to get the exact IFSC Code KVGB0009401.

Mobile Banking App

If you use Karnataka Vikas Grameena Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Karnataka Vikas Grameena Bank and Hungunda, then it will provide you proper information.

How to Use IFSC Code KVGB0009401 for Online Transfers?

Once you have the IFSC Code KVGB0009401 for the Hungund branch of Karnataka Vikas Grameena Bank in Hungunda, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code KVGB0009401. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 KVGB0009401.

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

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Karnataka Vikas Grameena Bank in Hungund, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Karnataka Vikas Grameena Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Hungunda manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karnataka Vikas Grameena Bank in Hungund, Hungunda?

The IFSC Code is KVGB0009401.

Is the IFSC Code KVGB0009401 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 Hungund?

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 Hungund branch?

The address of the branch is Hungund Branch Po: Hunagund- 581349, Ta: Mundagod,Dist Uttara Kannada. located in Hungunda, Kumta, 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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