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 Shirahatti branch in Shirhatti, Chikkodi, 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 Shirhatti or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KVGB0002012. 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, Shirahatti, Shirhatti
The table below shows the main details of the IFSC Code KVGB0002012 for the Karnataka Vikas Grameena Bank branch in Shirhatti, which falls under the Chikkodi district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Vikas Grameena Bank |
| IFSC Code | KVGB0002012 |
| Branch | Shirahatti |
| City | Shirhatti |
| District | Chikkodi |
| State | Karnataka |
| Address | Shirahatti Branchv.P.C. No. 180/2, Kulkarni Building, Main Road, Shirahatti - 591 341.┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬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 Shirhatti for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVGB0002012 for the Shirahatti 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like KVGB0002012 is given to every bank branch, including Karnataka Vikas Grameena Bank located in Shirahatti, Shirhatti, 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 Shirhatti.
- 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 Shirhatti and Chikkodi.
- 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 Shirahatti doesn't end up at another location.
Format of the IFSC Code KVGB0002012
This is the format of the IFSC Code for banks, including Karnataka Vikas Grameena Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Karnataka Vikas Grameena Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Shirahatti in Shirhatti.
For example, the IFSC Code KVGB0002012 of Karnataka Vikas Grameena Bank for the Shirahatti branch includes these elements, identifying the bank and the branch location in Shirhatti and Karnataka accurately.
How to Find IFSC Code for Karnataka Vikas Grameena Bank?
If you are looking for the IFSC Code KVGB0002012 of Karnataka Vikas Grameena Bank for its Shirahatti branch located in Shirhatti, 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 Shirhatti and Chikkodi, 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 Shirahatti or Shirhatti to get the exact IFSC Code KVGB0002012.
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 Shirhatti, then it will provide you proper information.
How to Use IFSC Code KVGB0002012 for Online Transfers?
Once you have the IFSC Code KVGB0002012 for the Shirahatti branch of Karnataka Vikas Grameena Bank in Shirhatti, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KVGB0002012. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Karnataka Vikas Grameena Bank IFSC Code KVGB0002012.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Karnataka Vikas Grameena Bank Shirahatti in Shirhatti, it can 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 Shirahatti, 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 Shirhatti to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is KVGB0002012.
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 Shirahatti Branchv.P.C. No. 180/2, Kulkarni Building, Main Road, Shirahatti - 591 341.┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á┬Á located in Shirhatti, Chikkodi, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.