Karnataka Vikas Grameena Bank IFSC Code KVGB0003401

Karnataka Vikas Grameena Bank – ALMEL

IFSC Code: KVGB0003401

MICR Code: 586483534

Branch: ALMEL

Bank: Karnataka Vikas Grameena Bank

Address: , ALMEL BRANCH M.B.TAMBOLI BUILDING,D.NO.1158/3, WARD NO.3, MAIN ROAD,ALMEL – 586 202, TQ: SINDAGI. DIST :BIJAPUR

District: BIJAPUR

State: KARNATAKA

Contact: +918488232118

Indian Financial System Code (IFSC): KVGB0003401

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 003401. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 586483534

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.