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 Balaganur Gadag Branch IFSC/MICR Code Details
Bank Name KARNATAKA VIKAS GRAMEENA BANK
Address , BALAGANUR BRANCH CHOUDESHWAR TEMPLE BUILDING, MAIN ROAD, BALAGANUR 586128,TQ SINDAGI. DIST BIJAPUR
State KARNATAKA
District BIJAPUR
Branch BALAGANUR
IFSC Code KVGB0003403
Branch Code 003403 (Last six characters of IFSC code represent Branch code.)
MICR Code 586483536
Contact Phone 237001
via https://bankingzone.in/ifsc

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