IFSC and MICR Code for Karnataka Vikas Grameena Bank , Kumta, Karnataka

Get IFSC and MICR code of Karnataka Vikas Grameena Bank, Kumta, Karnataka along with the address and contact numbers

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IFSC Details

IFSC CODE

KVGB0009051

(used for RtGS and NEFT transactions)

MICR CODE

581483574

Bank KARNATAKA VIKAS GRAMEENA BANK
Address BHATKAL BRANCH, USHBA COMPLEX, PP KSRTC COMPLEX, A: BHATKAL, 581 320, IST UTTARA KANNADA
District KUMTA
State KARNATAKA
Branch BHATKAL
Phone number 227098

IFSC Code:KVGB0009051 and MICR code: 581483574 for Karnataka Vikas Grameena Bank located at BHATKAL BRANCH, USHBA COMPLEX, PP KSRTC COMPLEX, A: BHATKAL, 581 320, IST UTTARA KANNADA , Contact number 227098 .Timings: Monday to Friday: 10 AM to 4 PM, Saturday - 10 AM to 4 PM(Except 2nd and 4th Saturday).

How to Search for Karnataka Vikas Grameena Bank & MICR Codes?

  • You can find the IFSC and MICR codes for any Karnataka Vikas Grameena Bank branch printed on the cheque books issued by the bank. Each cheque book has the IFSC code of the branch from where it has been issued.
  • You can find the IFSC or MICR CODE for any branch of Karnataka Vikas Grameena Bank via IndiaLends which provides information in a very easy format. All you have to do provide the information such as the bank name, the state and district and the particular branch that you’re looking for. Once you’ve provided that information, the page will immediately display the IFSC and MICR code for the bank that you’ve chosen, along with other relevant information like the address and contact details of the bank.

How do transfer funds using Karnataka Vikas Grameena Bank Limited RTGS & NEFT

Karnataka Vikas Grameena Bank customers can transfer fund using National Electronic Funds Transfer (NEFT), Real Time Gross Settlement System (RTGS) as well as IMPS platforms. You can use either of these facilities to send money across different banks, different accounts, different states and different cities.

Real Time Gross Settlement System (RTGS):

RTGS funds transfer can be used to send amounts of Rs. 1 lakh and above. You can go RTGS transfer through net banking or by walking into any of the branches. You must fill up a Fund Transfer Instruction form which is available at the Karnataka Vikas Grameena Bank. You need to provide the following information.

  • Name of the recipient
  • Account number and type of account of the recipient
  • Bank Name, branch, IFSC code of the recipient
  • Transfer amount
  • Remark to the receiver

RTGS is available for customers to use on weekdays and Saturdays. It will not be available on Sundays and National holidays.

Fees & Charges for RTGS Transaction by Karnataka Vikas Grameena Bank :

Amount Charge(per transaction, excluding taxes)
INR 2 lakh(Minimum Amount)
Sum between INR 2 lakh to INR 5 lakh INR 25
+ Applied Taxes
Sum betwwen INR 5 lakh to INR 10 lakh INR 50
+ Applied Taxes

National Electronic Funds Transfer (NEFT)

NEFT can be used to transfer smaller amounts of money that do not exceed Rs. 99,999. To use this platform, customers can follow the same procedure as stated for RTGS. Fill up the Fund Transfer Instruction form available at the bank. You will need to furnish the information given below.

  • Name of the recipient
  • Account number and type of account of the recipient
  • Bank name, branch, IFSC code of the recipient
  • Transfer amount
  • Remark to the receiver

Fees & Charges for NEFT Transaction by Karnataka Vikas Grameena Bank :

Transaction Charges NEFT
Cash up to INR 10,000 INR 2,50 + Applied Taxes
Sum between INR 10,000 and INR 1 lakh INR 5 + Applied Taxes
Sum between INR 1 lakh and INR 2 lakh INR 15 + Applied Taxes
Sum between INR 2 lakh and INR 5 lakh INR 25 + Applied Taxes
Sum between INR 5 lakh and INR 10 lakh INR 25 + Applied Taxes

NEFT Transaction timings specified by Karnataka Vikas Grameena Bank:

Transaction Timings NEFT
All days except Sundays, 2nd and 4th Saturdays 8:00 AM to 6:30 PM

About Karnataka Vikas Grameena Bank

The Karnataka Vikas Grameena Bank (KVGB) is a Regional Rural Bank. It was brought to existence in the year 2005 as a result of merging of four Regional Rural Banks (RRBs)- Malaprabha Grameena Bank, Bijapur Grameena Bank, Varada Grameena Bank and Netravathi Grameena Banks. This was recommended by the Narasimhan Committee under Government of India. The bank today has 622 branches in rural areas of Karnataka.

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