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 Suranagi branch in Suranggi, Gadag, 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 Suranggi or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KVGB0006404. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Karnataka Vikas Grameena Bank, Suranagi, Suranggi
The table below shows the main details of the IFSC Code KVGB0006404 for the Karnataka Vikas Grameena Bank branch in Suranggi, which falls under the Gadag district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Vikas Grameena Bank |
| IFSC Code | KVGB0006404 |
| Branch | Suranagi |
| City | Suranggi |
| District | Gadag |
| State | Karnataka |
| Address | Suranagi Branch Panchayat Building,Suranagi - 582 215. Tq. : Shirahatti, Dist. : Gadag. |
These details helps users in online banking and for businesses and individuals who use Karnataka Vikas Grameena Bank in Suranggi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVGB0006404 for the Suranagi 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Karnataka Vikas Grameena Bank located in Suranagi, Suranggi, Karnataka, is provided a unique IFSC like KVGB0006404 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 Suranggi.
- 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 Suranggi and Gadag.
- 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 Suranagi do not get misguided to another person.
Format of the IFSC Code KVGB0006404
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 Suranagi in Suranggi.
For example, the IFSC Code KVGB0006404 of Karnataka Vikas Grameena Bank for the Suranagi branch includes these elements, identifying the bank and the branch location in Suranggi and Karnataka accurately.
How to Find IFSC Code for Karnataka Vikas Grameena Bank?
If you are trying to find the IFSC Code KVGB0006404 of Karnataka Vikas Grameena Bank for its Suranagi branch located in Suranggi, 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
Most banks, including Karnataka Vikas Grameena Bank branches in Suranggi and Gadag, print the IFSC and MICR codes 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 Suranagi or Suranggi to get the exact IFSC Code KVGB0006404.
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 Suranggi, you'll get the correct details.
How to Use IFSC Code KVGB0006404 for Online Transfers?
Once you have the IFSC Code KVGB0006404 for the Suranagi branch of Karnataka Vikas Grameena Bank in Suranggi, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KVGB0006404. 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 KVGB0006404.
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 Suranagi in Suranggi, 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 Suranagi, 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 Suranggi manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is KVGB0006404.
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 Suranagi Branch Panchayat Building,Suranagi - 582 215. Tq. : Shirahatti, Dist. : Gadag. located in Suranggi, Gadag, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.