IFSC Code KVGB0002401 - Karnataka Vikas Grameena Bank Arabhavi
ARABHAVI BRANCH AGADI BUILDING NEAR DURADUNDESHWAR MATH GOKAK-GHATAPRABHAROAD ARABHAVI- 591318. TQ GOKAK DIST BELGAUM
Quick Info
IFSC: KVGB0002401
District: CHIKKODI
Status: Active
About Karnataka Vikas Grameena Bank Arabhavi
IFSC Code KVGB0002401 belongs to Karnataka Vikas Grameena Bank Arabhavi branch located in Arabhavi, Chikkodi, Karnataka. This branch serves customers in Arabhavi, Chikkodi, Karnataka and surrounding areas.
Understanding IFSC Code KVGB0002401
The IFSC (Indian Financial System Code) KVGB0002401 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 (002401): Unique branch identifier for Arabhavi
Electronic Fund Transfer Services
IFSC Code KVGB0002401 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 Arabhavi branch is located at ARABHAVI BRANCH AGADI BUILDING NEAR DURADUNDESHWAR MATH GOKAK-GHATAPRABHAROAD ARABHAVI- 591318. TQ GOKAK DIST BELGAUM in Arabhavi, Chikkodi, Karnataka. This location serves customers in Arabhavi, Chikkodi, Karnataka and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code KVGB0002401 to ensure the transaction is routed correctly.
How to Use IFSC Code KVGB0002401
When making online fund transfers to an account at this branch, you will need:
- IFSC Code: KVGB0002401 (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 Arabhavi, Chikkodi, 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: | KVGB0002401 |
| Bank Name: | Karnataka Vikas Grameena Bank |
| Branch Name: | Arabhavi |
| Address: | ARABHAVI BRANCH AGADI BUILDING NEAR DURADUNDESHWAR MATH GOKAK-GHATAPRABHAROAD ARABHAVI- 591318. TQ GOKAK DIST BELGAUM |
| City: | Arabhavi |
| District: | Chikkodi |
| State: | Karnataka |
Payment Services Available
Karnataka Vikas Grameena Bank Arabhavi Branch IFSC Code KVGB0002401 — Complete Banking Guide for Arabhavi, Karnataka
IFSC code KVGB0002401 belongs to the Arabhavi branch of Karnataka Vikas Grameena Bank in Arabhavi, Chikkodi 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 KVGB0002401 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, Arabhavi Branch
The Arabhavi branch of Karnataka Vikas Grameena Bank in Arabhavi, Karnataka serves retail and corporate customers in Chikkodi 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 KVGB0002401 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.
Payment Methods Using IFSC KVGB0002401
Four primary digital payment rails use IFSC KVGB0002401 for transfers to Karnataka Vikas Grameena Bank, Arabhavi: 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 KVGB0002401 against the RBI IFSC master list before processing the payment.
MICR Code and Branch Details
In addition to the IFSC, the Arabhavi branch of Karnataka Vikas Grameena Bank in Arabhavi 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 KVGB0002401 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 KVGB0002401 Before Transferring
Before initiating any high-value transfer to IFSC KVGB0002401, 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 Arabhavi, Arabhavi IFSC
What is the IFSC of Karnataka Vikas Grameena Bank Arabhavi in Arabhavi?
The IFSC of Karnataka Vikas Grameena Bank, Arabhavi branch in Arabhavi, Karnataka is KVGB0002401. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.
What is the minimum amount for NEFT to IFSC KVGB0002401?
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 KVGB0002401 to route funds to Karnataka Vikas Grameena Bank, Arabhavi, Arabhavi.
Who assigns IFSC codes like KVGB0002401?
The Reserve Bank of India (RBI) assigns all IFSC codes in India. Karnataka Vikas Grameena Bank applied for the IFSC for its Arabhavi branch in Arabhavi, and RBI issued KVGB0002401 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.
Can I use IFSC KVGB0002401 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 KVGB0002401 at Karnataka Vikas Grameena Bank, Arabhavi, Arabhavi. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC KVGB0002401.
About IFSC Code KVGB0002401
IFSC Code KVGB0002401 belongs to Karnataka Vikas Grameena Bank branch Arabhavi located in Arabhavi, Chikkodi, Karnataka.
Branch Information
- IFSC Code: KVGB0002401
- Bank: Karnataka Vikas Grameena Bank
- Branch: Arabhavi
- Address: ARABHAVI BRANCH AGADI BUILDING NEAR DURADUNDESHWAR MATH GOKAK-GHATAPRABHAROAD ARABHAVI- 591318. TQ GOKAK DIST BELGAUM
- City: Arabhavi
- District: Chikkodi
- State: Karnataka
Payment Services
- NEFT: Available
- RTGS: Available
- IMPS: Available
- UPI: Available