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 Linganur branch in Jamkhandi, Bagalkot, 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 Jamkhandi or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KVGB0001415. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Karnataka Vikas Grameena Bank, Linganur, Jamkhandi
The table below shows the main details of the IFSC Code KVGB0001415 for the Karnataka Vikas Grameena Bank branch in Jamkhandi, which falls under the Bagalkot district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Vikas Grameena Bank |
| IFSC Code | KVGB0001415 |
| Branch | Linganur |
| City | Jamkhandi |
| District | Bagalkot |
| State | Karnataka |
| Address | Gram Panchayat Bldg, Linganur Tq. Jamkhandi Dt. 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 Jamkhandi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code KVGB0001415 for the Linganur 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 Linganur, Jamkhandi, Karnataka, are allotted a unique IFSC like KVGB0001415 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 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 makes sure that money sent to Karnataka Vikas Grameena Bank in Linganur reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code KVGB0001415
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 Linganur in Jamkhandi.
For example, the IFSC Code KVGB0001415 of Karnataka Vikas Grameena Bank for the Linganur 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?
If you are trying to find the IFSC Code KVGB0001415 of Karnataka Vikas Grameena Bank for its Linganur branch located in Jamkhandi, 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
You can easily find the IFSC and MICR codes because most banks, including Karnataka Vikas Grameena Bank branches in Jamkhandi and Bagalkot, print them 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 Linganur or Jamkhandi to get the exact IFSC Code KVGB0001415.
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 Jamkhandi, you'll get the correct details.
How to Use IFSC Code KVGB0001415 for Online Transfers?
Once you have the IFSC Code KVGB0001415 for the Linganur 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 KVGB0001415. 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 KVGB0001415.
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 Linganur 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 are very different from IFSC codes. If you are looking for the MICR code of Karnataka Vikas Grameena Bank in Linganur, 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 Jamkhandi manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is KVGB0001415.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Gram Panchayat Bldg, Linganur Tq. Jamkhandi Dt. Bagalkot located in Jamkhandi, Bagalkot, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.