About Karnataka Grameena Bank
Karnataka Grameena Bank is the unified Regional Rural Bank serving the entire state of Karnataka. Established on May 1, 2025, it is sponsored by Canara Bank and is headquartered in Ballari (Bellary), Karnataka.
The bank serves Karnataka's diverse rural economy — from the Deccan Plateau's cotton and sunflower farms to the Western Ghats' coffee and spice plantations — providing affordable credit and full-service digital banking.
2025 Amalgamation – Merger Details
Karnataka Grameena Bank was formed on May 1, 2025 by the merger of two RRBs:
- ✅ Karnataka Gramin Bank (KGB) – Dharwad (Sponsor: Canara Bank)
- ✅ Karnataka Vikas Grameena Bank (KVGB) – Dharwad (Sponsor: Canara Bank)
Both predecessor banks shared Canara Bank as the sponsor, making the merger operationally straightforward. The combined entity now serves all districts of Karnataka with a significantly larger branch and ATM network.
Important for existing customers: All accounts, IFSC codes, and services from both KGB and KVGB remain valid. Transfers between former KGB and KVGB branches are now treated as intra-bank transactions (no inter-bank charges).
Key Facts at a Glance
| Parameter | Details |
|---|---|
| Founded (Merged) | May 1, 2025 |
| Sponsor Bank | Canara Bank – 35% stake |
| Head Office | Ballari (Bellary), Karnataka |
| Official Website | karnatakagb.bank.in |
| Districts Covered | All districts of Karnataka |
| Ownership | Govt of India 50%, Canara Bank 35%, Karnataka Govt 15% |
Services Offered
Digital & Fund Transfer Services
- ✅ NEFT – 24×7 inter-bank transfers
- ✅ RTGS – High-value real-time transfers
- ✅ IMPS – Instant mobile transfers 24×7
- ✅ UPI – BHIM, GPay, PhonePe enabled
- ✅ Mobile Banking – Karnataka Grameena Bank app
- ✅ Internet Banking – Online portal access
- ✅ RuPay Debit Card – ATM and POS payments
Agricultural & Priority Loans
- Kisan Credit Card (KCC) for paddy, sugarcane, coffee, and spice farmers
- Sericulture and horticulture development loans
- Gruha Lakshmi SHG loans for women farmers
- Pradhan Mantri Mudra Yojana (PMMY) loans
- Housing loans under PM Awas Yojana Gramin (PMAYG)
How to Find Karnataka Grameena Bank IFSC Code
Former Karnataka Gramin Bank IFSC codes start with KAGB. Former KVGB IFSC codes start with KVGB. Both remain active post-merger.
📌 Use our Karnataka Grameena Bank IFSC Finder to find your branch IFSC by district and branch name.
Important Customer Care & Contact Numbers
| Service | Contact |
|---|---|
| 🆓 Customer Care (Toll-Free) | 1800 102 5250 |
| 🆓 Alternate Toll-Free | 1800 103 8210 |
| 🌐 Official Website | karnatakagb.bank.in |
| 🔐 Cyber Crime Helpline | 1930 |
Frequently Asked Questions
Are KVGB and Karnataka Gramin Bank now the same?
Yes. As of May 1, 2025, Karnataka Vikas Grameena Bank (KVGB) and Karnataka Gramin Bank have merged into Karnataka Grameena Bank. All transactions between former KVGB and Karnataka Gramin Bank branches are now free intra-bank transfers.
Has the IFSC code changed after the merger?
No immediate changes — old IFSC codes from both KGB and KVGB remain valid. The bank will notify customers in advance of any IFSC changes.
Conclusion
Karnataka Grameena Bank now brings together the strengths of two long-serving institutions into one powerful rural bank for Karnataka. With Canara Bank's backing, digital infrastructure, and a wide branch network across all districts, it is well-positioned to accelerate financial inclusion across Karnataka.
👉 Find your Karnataka Grameena Bank IFSC code or search any Gramin Bank IFSC.