KARNATAKA VIKAS GRAMEENA BANK HOSAKOTI IFSC CODE Quick Search

IFSC Code

MICR Code

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What is KARNATAKA VIKAS GRAMEENA BANK HOSAKOTI 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 HOSAKOTI 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 HOSAKOTI 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 HOSAKOTI ifsc code : KVGB0001503 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 : 001503 for Bank Branch HOSAKOTI

Anatomy of a Cheque

KARNATAKA VIKAS GRAMEENA BANK HOSAKOTI 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 hosakoti

MICR code for karnataka vikas grameena bank hosakoti 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 hosakoti on Cheque:

MICR Code for karnataka vikas grameena bank hosakoti 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 hosakoti :

MICR Code for karnataka vikas grameena bank hosakoti 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 : 587483541 is 9 digit Unique MICR Code.

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

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

Last 3 digits represents Branch Code : 354 for Bank Branch HOSAKOTI

KARNATAKA VIKAS GRAMEENA BANK All Branch IFSC Code List for City HOSAKOTI

karnataka vikas grameena bank hosakoti ifsc code

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