What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Karnataka Vikas Grameena Bank Kandagal Bagalkot Branch IFSC/MICR Code Details
Bank Name KARNATAKA VIKAS GRAMEENA BANK
Address KANDAGAL BRANCH POLICE PATIL BUILDING, MAIN ROAD, KANDAGAL 587154. TQ HUNAGUND, DIST BAGALKOT
State KARNATAKA
District BAGALKOT
Branch KANDAGAL
IFSC Code KVGB0001306
Branch Code 001306 (Last six characters of IFSC code represent Branch code.)
MICR Code 587483524
Contact Phone 267132
via https://bankingzone.in/ifsc

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