IFSC code for Arjunagi Branch of Karnataka Vikas Grameena Bank in Arjunagi, Chhattisgarh is KVGB0003101. IFSC codes in India are used for uniquely identifying a bank branch for online transfer of money using NEFT or RTGS system operated and managed by Reserve Bank of India. The Arjunagi Branch of Karnataka Vikas Grameena Bank is enabled for NEFT transfers and you can transfer money to all savings accounts and current accounts in Arjunagi Branch of Karnataka Vikas Grameena Bank using online banking or by visiting your bank branch from anywhere in India. NEFT transfer is done in batches by RBI so it takes around 1-4hrs of time to receive the money (if the transfer initiation is done during the business hours, else it is initiated next business day).
Important Note: NEFT system in India only takes IFSC code and Account Number into consideration while completing the transfer of money. All other fields such as account holder name etc are ignored. So, make sure, you use the correct IFSC code and account number else money may be transferred to a wrong account and it might be impossible to get back the money.
About Karnataka Vikas Grameena Bank
Karnataka Vikas Grameena Bank is a Regional Rural Bank in India. It has over 560 branches with more than employees. The Bank generated a business of Rs.0.00 lakh per Employee in 2011-2012 financial year with the profit per employee of Rs. 0.00 lakh.
You can get more information about Karnataka Vikas Grameena Bank at their official website -
IFSC Codes are used for initiating money transfer through NEFT or RTGS. This code uniquely identifies the bank branch where the receiver of the funds has his/her account. IFSC code is a 11 character alpha-numeric code assigned to each bank branch by RBI in India.
NEFT Online Transfer: NEFT is the most cost effective and secure way of account to account money transfer in India. It usually takes around 1-4hrs to receive the money using NEFT.
NEFT Timings:
Monday-Friday:
8am to 7pm
Saturday:
8am to 1pm
Sunday:
Closed
Note: Any transfer made outside the time limit will be initiated on the next working day.
NEFT Fees:
Up to Rs.10,000
Rs.2.50 + Service Tax
Rs.10,000 to Rs.1 Lakh
Rs.5.00 + Service Tax
Rs.1 Lakh to Rs.2 Lakh
Rs.15.00 + Service Tax
Rs. 2 Lakh Onwards
Rs.25.00 + Service Tax
Note: This is the maximum fees which a bank can charge. Actual charges can be lower.
Find IFSC Codes: IFSC code for a bank branch can be located on the cheque book or the pass book issued by the branch. You may also search our website to find the ifsc code for branches of all banks in India.