There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Karnataka Vikas Grameena Bank for its Rattihalli branch in Rattihalli, Haveri, Karnataka, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Karnataka Vikas Grameena Bank situated in Rattihalli or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code KVGB0007305. You should 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, Rattihalli, Rattihalli
The table below shows the main details of the IFSC Code KVGB0007305 for the Karnataka Vikas Grameena Bank branch in Rattihalli, which falls under the Haveri district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Vikas Grameena Bank |
| IFSC Code | KVGB0007305 |
| Branch | Rattihalli |
| City | Rattihalli |
| District | Haveri |
| State | Karnataka |
| Address | Rattihalli Branchbajiraya Building, Masur Road, Rattihalli - 581 116. Tq. : Hirekerur,┬Á Dist. : Haveri.┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á |
These details are essential not only for online banking users but also for businesses and individuals who use Karnataka Vikas Grameena Bank in Rattihalli for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVGB0007305 for the Rattihalli branch of Karnataka Vikas Grameena Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Karnataka Vikas Grameena Bank located in Rattihalli, Rattihalli, Karnataka, is provided a unique IFSC like KVGB0007305 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Karnataka Vikas Grameena Bank branch in Rattihalli.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Rattihalli and Haveri.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Karnataka and the rest of India, the IFSC Code ensures that transactions meant for Karnataka Vikas Grameena Bank in Rattihalli do not get misguided to another person.
Format of the IFSC Code KVGB0007305
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 Rattihalli in Rattihalli.
For example, the IFSC Code KVGB0007305 of Karnataka Vikas Grameena Bank for the Rattihalli branch has these elements, identifying the bank and the branch location in Rattihalli and Karnataka correctly.
How to Find IFSC Code for Karnataka Vikas Grameena Bank?
If you are trying to find the IFSC Code KVGB0007305 of Karnataka Vikas Grameena Bank for its Rattihalli branch located in Rattihalli, the following methods can help:
Cheque Book
The cheque books that are issued by Karnataka Vikas Grameena Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Karnataka Vikas Grameena Bank branches in Rattihalli and Haveri, 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 find the branch locator section. Search for Rattihalli or Rattihalli to get the exact IFSC Code KVGB0007305.
Mobile Banking App
If you use Karnataka Vikas Grameena Bank's mobile app, you can easily 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 to help you in searching for Karnataka Vikas Grameena Bank and Rattihalli that will provide accurate information.
How to Use IFSC Code KVGB0007305 for Online Transfers?
Once you have the IFSC Code KVGB0007305 for the Rattihalli branch of Karnataka Vikas Grameena Bank in Rattihalli, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KVGB0007305. 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 KVGB0007305.
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 Rattihalli in Rattihalli, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Karnataka Vikas Grameena Bank in Rattihalli, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Karnataka Vikas Grameena Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Rattihalli manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is KVGB0007305.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Rattihalli Branchbajiraya Building, Masur Road, Rattihalli - 581 116. Tq. : Hirekerur,┬Á Dist. : Haveri.┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á located in Rattihalli, Haveri, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.