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IFSC Code of Karnataka Vikas Grameena Bank, Kunchanur Circle Jamakandi, Bagalkote, Karnataka — KVGB0001417

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Karnataka Vikas Grameena Bank for its Kunchanur Circle Jamakandi branch in Jamkhandi, Bagalkote, or Karnataka, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Karnataka Vikas Grameena Bank located in Jamkhandi or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KVGB0001417. You should definitely 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, Kunchanur Circle Jamakandi, Jamkhandi

Here are the main details that are associated with the IFSC Code KVGB0001417 of Karnataka Vikas Grameena Bank for its branch located in Jamkhandi, within the district of Bagalkote in the state of Karnataka.

Particulars Details
Bank Karnataka Vikas Grameena Bank
IFSC Code KVGB0001417
Branch Kunchanur Circle Jamakandi
City Jamkhandi
District Bagalkote
State Karnataka
Address Bagwan Complex, Tippu Sultan Circle, Jamakandi - 587301

These details helps users in online banking and for businesses and individuals who use Karnataka Vikas Grameena Bank in Jamkhandi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVGB0001417 for the Kunchanur Circle Jamakandi branch of Karnataka Vikas Grameena Bank plays a vital 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 Kunchanur Circle Jamakandi, Jamkhandi, Karnataka, are allotted a unique IFSC like KVGB0001417 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Jamkhandi.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Jamkhandi and Bagalkote.
  • 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 Kunchanur Circle Jamakandi reaches the right place, even though there are thousands of branches in Karnataka and across India.

Format of the IFSC Code KVGB0001417

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 Kunchanur Circle Jamakandi in Jamkhandi.

For example, the IFSC Code KVGB0001417 of Karnataka Vikas Grameena Bank for the Kunchanur Circle Jamakandi branch has these elements, identifying the bank and the branch location in Jamkhandi and Karnataka correctly.

How to Find IFSC Code for Karnataka Vikas Grameena Bank?

To find the IFSC Code KVGB0001417 of Karnataka Vikas Grameena Bank for its Kunchanur Circle Jamakandi branch located in Jamkhandi, the following methods can help you out:

Cheque Book

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

Passbook

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

Bank Website

Visit the official website of Karnataka Vikas Grameena Bank and go to the branch locator section. Then search for Kunchanur Circle Jamakandi or Jamkhandi to find the exact IFSC Code KVGB0001417.

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 maintains an updated database of all IFSC codes. Searching for Karnataka Vikas Grameena Bank and Jamkhandi will provide accurate information.

How to Use IFSC Code KVGB0001417 for Online Transfers?

Once you have the IFSC Code KVGB0001417 for the Kunchanur Circle Jamakandi branch of Karnataka Vikas Grameena Bank in Jamkhandi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code KVGB0001417. 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 KVGB0001417.

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 Kunchanur Circle Jamakandi in Jamkhandi, your payment can get delayed or might not go through at all.

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 Kunchanur Circle Jamakandi, 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 Jamkhandi 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 Kunchanur Circle Jamakandi, Jamkhandi?

The IFSC Code is KVGB0001417.

Is the IFSC Code KVGB0001417 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 Kunchanur Circle Jamakandi?

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 Kunchanur Circle Jamakandi branch?

The address of the branch is Bagwan Complex, Tippu Sultan Circle, Jamakandi - 587301 located in Jamkhandi, Bagalkote, 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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