KARNATAKA VIKAS GRAMEENA BANK IFSC CODE Quick Search

IFSC Code

MICR Code

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What is KARNATAKA VIKAS GRAMEENA BANK ifsc code

IFSC Code (The Indian Financial System Code) is an alphanumeric code which is used to transfer electronic funds in India.

KARNATAKA VIKAS GRAMEENA BANK ifsc code is a Unique code which identifies each bank branch. The main purpose of IFSC Code is to participate each bank branch in the two main payment and settlement systems in India.

1) RTGS : Real Time Gross Settlement
2) NEFT : National Electronic Fund Transfer

KARNATAKA VIKAS GRAMEENA BANK ifsc code Format:

The IFSC Code is an 11-characters code. First four alphabetic characters ( position 1 to 4) represents BankName and Last Six charactes ( Position from 6-11) which can be alphanumeric represents Bank Branch. The fifth character is 0 (zero) which is reserved for future use.

1 2 3 4 5 6 7 8 9 10 11
Bank Code 0 Branch Code

For Example :

KARNATAKA VIKAS GRAMEENA BANK ifsc code : KVGB0001001 is 11 digit Unique IFSC Code.

First 4 characters represents Bank Code : KVGB for Bank : KARNATAKA VIKAS GRAMEENA BANK

5th character is Zero and it is reserved for future reference

Last 6 characters represents Branch Code : 001001 for Bank Branch BADAMI

Anatomy of a Cheque

KARNATAKA VIKAS GRAMEENA BANK ifsc code -cheque

The above image represent cheque format which locates IFSC Code and MICR Code in Red Box

What is MICR Code for karnataka vikas grameena bank

MICR code for karnataka vikas grameena bank represents Magnetic Ink Character Recognition technology which is printed on cheques. This MICR Code is used for the identification of the cheques for faster processing.

MICR Code is a Unique code which identifies each bank branch. The main purpose of MICR Code is to participate each bank branch in an Electronic Clearing System (ECS).

Where is MICR Code for karnataka vikas grameena bank on Cheque:

MICR Code for karnataka vikas grameena bank can be found at the bottom of the cheque. As shown in above image MICR Code is shown inside Red rectangle at the bottom of the cheque.

MICR Code Format for karnataka vikas grameena bank :

MICR Code for karnataka vikas grameena bank is an 9-digit code. First three digits ( position 1 to 3) represents City Code, Next 3 Digits ( Position from 4-7) Bank Code and Last 3 Digits ( Position from 7-9) represents Branch Code.

1 2 3 4 5 6 7 8 9
City Code Bank Code Branch Code

For Example :

MICR Code for KARNATAKA VIKAS GRAMEENA BANK : 587483501 is 9 digit Unique MICR Code.

First 3 digits represents CityCode Code : 587 for City : BADAMI

Middle 3 digits reprents Bank Code: 483 for Bank : KARNATAKA VIKAS GRAMEENA BANK

Last 3 digits represents Branch Code : 350 for Bank Branch BADAMI

KARNATAKA VIKAS GRAMEENA BANK All State IFSC Code List

karnataka vikas grameena bank karnataka ifsc code

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