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IFSC Code of Karnataka Vikas Grameena Bank, Golihole, Mangalore, Karnataka — KVGB0008106

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Karnataka Vikas Grameena Bank for its Golihole branch in Kambadakone, Mangalore, Karnataka, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Karnataka Vikas Grameena Bank located in Kambadakone or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KVGB0008106. 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, Golihole, Kambadakone

Below in the table are the key details related to IFSC Code KVGB0008106 of Karnataka Vikas Grameena Bank for its branch located in Kambadakone, within the district of Mangalore in the state of Karnataka.

Particulars Details
Bank Karnataka Vikas Grameena Bank
IFSC Code KVGB0008106
Branch Golihole
City Kambadakone
District Mangalore
State Karnataka
Address Sanju Gouda Bldg A/P: Golihole Tq. Kundapur Dt:Udupi Pin ┬Û 576 214

These details helps users in online banking and for businesses and individuals who use Karnataka Vikas Grameena Bank in Kambadakone for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVGB0008106 for the Golihole 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 that is provided by the Reserve Bank of India. A unique IFSC like KVGB0008106 is given to every bank branch, including Karnataka Vikas Grameena Bank located in Golihole, Kambadakone, 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 Kambadakone.
  • 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 Kambadakone and Mangalore.
  • 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 Golihole doesn't end up at another location.

Format of the IFSC Code KVGB0008106

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 Golihole in Kambadakone.

For example, the IFSC Code KVGB0008106 of Karnataka Vikas Grameena Bank for the Golihole branch has these elements, identifying the bank and the branch location in Kambadakone and Karnataka correctly.

How to Find IFSC Code for Karnataka Vikas Grameena Bank?

If you are looking for the IFSC Code KVGB0008106 of Karnataka Vikas Grameena Bank for its Golihole branch located in Kambadakone, 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 Kambadakone and Mangalore, 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 Golihole or Kambadakone to get the exact IFSC Code KVGB0008106.

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 Kambadakone, then it will provide you proper information.

How to Use IFSC Code KVGB0008106 for Online Transfers?

Once you have the IFSC Code KVGB0008106 for the Golihole branch of Karnataka Vikas Grameena Bank in Kambadakone, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code KVGB0008106. Transfers are processed in batches. This is 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. Requires the recipient's account details and Karnataka Vikas Grameena Bank IFSC Code KVGB0008106.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Karnataka Vikas Grameena Bank Golihole in Kambadakone may 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 Golihole, 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 Kambadakone 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 Golihole, Kambadakone?

The IFSC Code is KVGB0008106.

Is the IFSC Code KVGB0008106 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 Golihole?

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 Golihole branch?

The address of the branch is Sanju Gouda Bldg A/P: Golihole Tq. Kundapur Dt:Udupi Pin ┬Û 576 214 located in Kambadakone, Mangalore, 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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