IFSC Code KVGB0001001 - Karnataka Vikas Grameena Bank Badami
BADAMI BRANCH NEAR BUS-STAND BADAMI- 587 201 DIST BAGALKOT
Quick Info
IFSC: KVGB0001001
Pincode: 587201
District: Bagalkot
Status: Active
About Karnataka Vikas Grameena Bank Badami
IFSC Code KVGB0001001 belongs to Karnataka Vikas Grameena Bank Badami branch located in Badami, Bagalkot, Karnataka. This branch serves customers in Badami, Bagalkot, Karnataka and surrounding areas.
Understanding IFSC Code KVGB0001001
The IFSC (Indian Financial System Code) KVGB0001001 is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify this specific bank branch. The code structure follows a specific format:
- First 4 characters (KVGB): Bank code identifying Karnataka Vikas Grameena Bank
- 5th character (0): Reserved for future use (always 0)
- Last 6 characters (001001): Unique branch identifier for Badami
Electronic Fund Transfer Services
IFSC Code KVGB0001001 is essential for all electronic fund transfers in India. This code ensures that money transfers are routed to the correct bank branch. The following payment systems use IFSC codes:
NEFT (National Electronic Funds Transfer)
Batch processing system for fund transfers. Available Yes at this branch.
Processing: Multiple batches daily, typically settles within 2 hours during banking hours.
RTGS (Real Time Gross Settlement)
Real-time fund transfer for high-value transactions (minimum ₹2 lakh). Available Yes at this branch.
Processing: Real-time settlement, typically within minutes during RTGS hours.
IMPS (Immediate Payment Service)
24/7 instant fund transfer service via mobile or internet banking. Available Yes at this branch.
Processing: Instant transfer, available 24/7 including holidays.
UPI (Unified Payments Interface)
Instant mobile payment system using UPI ID or QR code. Available Yes at this branch.
Processing: Instant transfer, available 24/7, no IFSC code needed for UPI transactions.
Branch Location and Accessibility
The Karnataka Vikas Grameena Bank Badami branch is located at BADAMI BRANCH NEAR BUS-STAND BADAMI- 587 201 DIST BAGALKOT (Pincode: 587201) in Badami, Bagalkot, Karnataka. This location serves customers in Badami, Bagalkot, Karnataka and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code KVGB0001001 to ensure the transaction is routed correctly.
How to Use IFSC Code KVGB0001001
When making online fund transfers to an account at this branch, you will need:
- IFSC Code: KVGB0001001 (for NEFT, RTGS, IMPS)
- Account Number: The recipient's account number
- Account Holder Name: As registered with the bank
Finding Other Karnataka Vikas Grameena Bank Branches
If you're looking for other Karnataka Vikas Grameena Bank branches in Badami, Bagalkot, Karnataka or nearby areas, use our Karnataka Vikas Grameena Bank branch finder. You can search by city, district, or state to find all Karnataka Vikas Grameena Bank branches with their respective IFSC codes.
Branch Details
| IFSC Code: | KVGB0001001 |
| Bank Name: | Karnataka Vikas Grameena Bank |
| Branch Name: | Badami |
| Address: | BADAMI BRANCH NEAR BUS-STAND BADAMI- 587 201 DIST BAGALKOT |
| City: | Badami |
| District: | Bagalkot |
| State: | Karnataka |
| Pincode: | 587201 |
Payment Services Available
Karnataka Vikas Grameena Bank Badami Branch IFSC Code KVGB0001001 — Complete Banking Guide for Badami, Karnataka
IFSC code KVGB0001001 belongs to the Badami branch of Karnataka Vikas Grameena Bank in Badami, Bagalkot district, Karnataka. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC KVGB0001001 to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.
About Karnataka Vikas Grameena Bank, Badami Branch
The Badami branch of Karnataka Vikas Grameena Bank in Badami, Karnataka serves retail and corporate customers in Bagalkot district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC KVGB0001001 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.
Payment Methods Using IFSC KVGB0001001
Four primary digital payment rails use IFSC KVGB0001001 for transfers to Karnataka Vikas Grameena Bank, Badami: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC KVGB0001001 against the RBI IFSC master list before processing the payment.
MICR Code and Branch Details
In addition to the IFSC, the Badami branch of Karnataka Vikas Grameena Bank in Badami carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC KVGB0001001 exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.
How to Verify IFSC KVGB0001001 Before Transferring
Before initiating any high-value transfer to IFSC KVGB0001001, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) Karnataka Vikas Grameena Bank's official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.
FAQs — Karnataka Vikas Grameena Bank Badami, Badami IFSC
What is the IFSC of Karnataka Vikas Grameena Bank Badami in Badami?
The IFSC of Karnataka Vikas Grameena Bank, Badami branch in Badami, Karnataka is KVGB0001001. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.
What is the minimum amount for NEFT to IFSC KVGB0001001?
There is no minimum amount for NEFT transfers. You can send as little as ₹1. RTGS requires a minimum of ₹2 lakh. IMPS supports up to ₹5 lakh per transaction. All three use IFSC KVGB0001001 to route funds to Karnataka Vikas Grameena Bank, Badami, Badami.
Who assigns IFSC codes like KVGB0001001?
The Reserve Bank of India (RBI) assigns all IFSC codes in India. Karnataka Vikas Grameena Bank applied for the IFSC for its Badami branch in Badami, and RBI issued KVGB0001001 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.
Can I use IFSC KVGB0001001 for UPI payments?
UPI payments are linked to a Virtual Payment Address (VPA) rather than an IFSC directly, but the underlying account is mapped to IFSC KVGB0001001 at Karnataka Vikas Grameena Bank, Badami, Badami. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC KVGB0001001.
About IFSC Code KVGB0001001
IFSC Code KVGB0001001 belongs to Karnataka Vikas Grameena Bank branch Badami located in Badami, Bagalkot, Karnataka.
Branch Information
- IFSC Code: KVGB0001001
- Bank: Karnataka Vikas Grameena Bank
- Branch: Badami
- Address: BADAMI BRANCH NEAR BUS-STAND BADAMI- 587 201 DIST BAGALKOT
- City: Badami
- District: Bagalkot
- State: Karnataka
- Pincode: 587201
Payment Services
- NEFT: Available
- RTGS: Available
- IMPS: Available
- UPI: Available