Latest details of Ifsc: Kvgb0003008
KARNATAKA VIKAS GRAMEENA BANK
Branch name : NIDAGUNDI-BJP
Contact Information
Address: NIDAGUNDI BRANCH KEMBHAVI BUILDING, NEAR MUDDEBIHAL CIRCLE , NIDAGUNDI - 586 213, TQ BASAVAN BAGEWADI. DIST BIJAPUR
Contact number: 281826
IFSC code can be used for RTGS, IMPS and NEFT transactions
Last six characters of IFSC Code make a Branch code.
IFSC Code
Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:
- • First 4 characters: Bank identifier
- • 5th character: Reserved (0)
- • Last 6 characters: Branch code
MICR Code
MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.
These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.
