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IFSC Code of Karnataka Vikas Grameena Bank, Nandikurli, Chikkodi, Karnataka — KVGB0002713

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Karnataka Vikas Grameena Bank for its Nandikurli branch in Raibag, Chikkodi, Karnataka, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Karnataka Vikas Grameena Bank located in Raibag or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KVGB0002713. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Karnataka Vikas Grameena Bank, Nandikurli, Raibag

Here are the main details that are associated with the IFSC Code KVGB0002713 of Karnataka Vikas Grameena Bank for its branch located in Raibag, within the district of Chikkodi in the state of Karnataka.

Particulars Details
Bank Karnataka Vikas Grameena Bank
IFSC Code KVGB0002713
Branch Nandikurli
City Raibag
District Chikkodi
State Karnataka
Address Panchayati Bldg Nandikurli Tq. Raibag Dt: Belgaum Pin ┬Û 591 317

These details helps users in online banking and for businesses and individuals who use Karnataka Vikas Grameena Bank in Raibag for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVGB0002713 for the Nandikurli 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 Nandikurli, Raibag, Karnataka, are allotted a unique IFSC like KVGB0002713 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code KVGB0002713

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 Nandikurli in Raibag.

For example, the IFSC Code KVGB0002713 of Karnataka Vikas Grameena Bank for the Nandikurli branch includes these elements, identifying the bank and the branch location in Raibag and Karnataka accurately.

How to Find IFSC Code for Karnataka Vikas Grameena Bank?

If you are trying to find the IFSC Code KVGB0002713 of Karnataka Vikas Grameena Bank for its Nandikurli branch located in Raibag, 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 Raibag and Chikkodi, 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 Nandikurli or Raibag to get the exact IFSC Code KVGB0002713.

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 Raibag, you'll get the correct details.

How to Use IFSC Code KVGB0002713 for Online Transfers?

Once you have the IFSC Code KVGB0002713 for the Nandikurli branch of Karnataka Vikas Grameena Bank in Raibag, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code KVGB0002713. 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 KVGB0002713.

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 Nandikurli in Raibag, 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 Nandikurli, 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 Raibag manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karnataka Vikas Grameena Bank in Nandikurli, Raibag?

The IFSC Code is KVGB0002713.

Is the IFSC Code KVGB0002713 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Karnataka Vikas Grameena Bank Nandikurli?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Nandikurli branch?

The address of the branch is Panchayati Bldg Nandikurli Tq. Raibag Dt: Belgaum Pin ┬Û 591 317 located in Raibag, Chikkodi, 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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