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IFSC Code of Karnataka Vikas Grameena Bank, Jambagi, Bijapur, Karnataka — KVGB0003106

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 Jambagi branch in Jambagi(A), Bijapur, 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 Jambagi(A) or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KVGB0003106. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Karnataka Vikas Grameena Bank, Jambagi, Jambagi(A)

Here are the main details that are associated with the IFSC Code KVGB0003106 of Karnataka Vikas Grameena Bank for its branch located in Jambagi(A), within the district of Bijapur in the state of Karnataka.

Particulars Details
Bank Karnataka Vikas Grameena Bank
IFSC Code KVGB0003106
Branch Jambagi
City Jambagi(A)
District Bijapur
State Karnataka
Address Jambagi Branch G.S.Hugar Building,Vpc No. 59/1,59/2, Ward No. 2, Jambagi - 586 112,Tq: Bijapur Dist:Bijapur.

These details are crucial, not just for online banking users but also for businesses and individuals who use Karnataka Vikas Grameena Bank in Jambagi(A) for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVGB0003106 for the Jambagi 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 Jambagi, Jambagi(A), Karnataka, are allotted a unique IFSC like KVGB0003106 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Jambagi(A).
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Jambagi(A) and Bijapur.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Karnataka Vikas Grameena Bank in Jambagi reaches the right place, even though there are thousands of branches in Karnataka and across India.

Format of the IFSC Code KVGB0003106

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Karnataka Vikas Grameena Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Jambagi in Jambagi(A).

For example, the IFSC Code KVGB0003106 of Karnataka Vikas Grameena Bank for the Jambagi branch includes these elements, identifying the bank and the branch location in Jambagi(A) and Karnataka accurately.

How to Find IFSC Code for Karnataka Vikas Grameena Bank?

If you are looking for the IFSC Code KVGB0003106 of Karnataka Vikas Grameena Bank for its Jambagi branch located in Jambagi(A), 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 Jambagi(A) and Bijapur, 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 Jambagi or Jambagi(A) to get the exact IFSC Code KVGB0003106.

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 Jambagi(A), then it will provide you proper information.

How to Use IFSC Code KVGB0003106 for Online Transfers?

If you have the IFSC Code KVGB0003106 for the Jambagi branch of Karnataka Vikas Grameena Bank in Jambagi(A), you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code KVGB0003106. 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 KVGB0003106.

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 Jambagi in Jambagi(A), 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 Jambagi, 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 Jambagi(A) manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karnataka Vikas Grameena Bank Jambagi Jambagi(A)?

The IFSC Code of the Jambagi Jambagi(A) branch is KVGB0003106.

Is IFSC Code KVGB0003106 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 Jambagi branch?

The branch is located at Jambagi Branch G.S.Hugar Building,Vpc No. 59/1,59/2, Ward No. 2, Jambagi - 586 112,Tq: Bijapur Dist:Bijapur..

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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