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KVGB Money Transfer

KVGB transfer money service is available to all customers who have an account with the bank. Using this facility customers of KVGB can instantly transfer money to anyone in India. Fund transfer can be directly initiated on mobile phone and money will be deposited in beneficiary’s account in real-time.


With the help of online KVGB fund transfer service you can send money to anyone without writing a cheque. Just by downloading our mobile app, you can add your KVGB account and generate a secure mobile banking PIN. Using this PIN you can transfer funds to anyone in India from your KVGB account.


Fund transfer can be initiated without adding beneficiary in your KVGB account. All transactions are 100% safe and secure and you will instantly get SMS from Karnataka Vikas Grameena Bank about the transaction. Recipients will also receive SMS from their bank after money is credited in their bank account.


Following are the features of online KVGB transfer money service:
  1. Real-time money transfer from bank account
  2. Transfer money without adding beneficiary
  3. Transfer money between your own KVGB accounts - from one account to another account
  4. Transfer money between your own accounts in other banks - from KVGB account to other bank account
  5. Online KVGB money transfer can be done 24x7, 365 days a year
  6. Funds can be transferred on all Saturdays, Sundays and even bank & public holidays
  7. Money transfer from Karnataka Vikas Grameena Bank to all banks in India supported
  8. Transfer upto Rs. 1,00,000 per day from your KVGB account. This is the maximum limit as set by Karnataka Vikas Grameena Bank
  9. Upto 10 transfers per day allowed from your account. This is the maximum limit as set by your bank
  10. No charges for online KVGB money transfer service
  11. Instantly receive SMS from KVGB once transfer is initiated
  12. Recipient receives SMS from their bank once funds are credited in their account
  13. Funds are transferred in real-time from your Karnataka Vikas Grameena Bank account to recipient’s account via BHIM UPI

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How to transfer money from KVGB account online:

  1. Download Cointab app for Android or iPhone
  2. Install app using mobile number which is registered in your KVGB account
  3. Please choose KVGB for bank account registration
  4. All your KVGB accounts will be registered and activated for mobile banking
  5. Generate Karnataka Vikas Grameena Bank banking PIN
  6. Select Transfer Money
  7. Enter beneficiary’s name
  8. Enter beneficiary’s bank account number & IFSC code
  9. Enter amount
  10. Enter your banking PIN (which you generated in the previous step)
  11. Money will be transferred from your KVGB account and credited in recipient’s bank account in real-time
  12. You’ll get an SMS from Karnataka Vikas Grameena Bank about the transaction. Recipient will also receive an SMS from their bank

From your KVGB account, transferring money online to anyone’s account in India is a very simple and quick process and you can use the fund transfer service whenever required. Please keep in mind that the maximum transfer limit is Rs. 1,00,000 per day and 10 transactions per day.

Features of Online Money Transfer Service


Real-time fund transfer from your bank account to anyone in India

Online fund transfer service from KVGB enables you to transfer money from your account to anyone in India. Recipient can have a bank account with any bank in India and yet money can be transferred in real-time.

Transfer money without adding beneficiary

Using KVGB transfer money facility you can do fund transfer without adding beneficiary. After downloading and registering for our app, you can immediately transfer funds to beneficiary by specifying their bank account number and IFSC code.

Transfer money to Self account

Online fund transfer facility also allows you to transfer funds between Self accounts. If you have multiple accounts with Karnataka Vikas Grameena Bank then you can do fund transfer between your accounts. In fact if you have accounts with other banks then also you can do a Self account transfer from your KVGB account.

Transfer money to BHIM UPI ID

Online money transfer service by KVGB also enables funds transfers to beneficiary’s BHIM UPI ID so that you don’t have to request for their bank account number & IFSC code and can instead do fund transfer directly on their BHIM UPI ID. Like other modes of transfer, BHIM UPI transfer via bank account works in real-time and money is credited in beneficiary’s bank account in real-time.

Transfer money to mobile number

Another big advantage of Karnataka Vikas Grameena Bank fund transfer service is the ability to transfer money to a mobile number. This helps you easily transfer money to friends and family without requesting for their bank account number or BHIM UPI ID.

High transaction limit

As per the bank’s online money transfer policy, you can make upto 10 transfers on a daily basis, upto a total of Rs. 1,00,000.

No charges for online money transfer service

Online fund transfer service is offered by KVGB free of cost to its customers so that they can seamlessly transfer money as and when required. Like NEFT / RTGS / IMPS, there are no charges for transferring funds via BHIM UPI using our app.

24x7 service

Money transfer service works 24x7 so that you can transfer money to beneficiaries in real-time as and when required. This service also works at night, on weekends and on bank & public holidays so that you can transfer money from your Karnataka Vikas Grameena Bank account easily.

Online Transfer Money service benefits


Time saving: You can save a lot of time by using online KVGB transfer money service instead of visiting the branch or ATM or writing a cheque. You can use it to transfer money to beneficiary in real-time.

Easy access: Money transfer service is available online 24x7, 365 days a year so you can use it whenever required.

Cost saving: KVGB provides online fund transfer service to its customers free of cost hence there are no charges for transactions you perform.

Security: All Karnataka Vikas Grameena Bank mobile banking transactions are 100% secure due to linking of your account on your mobile number and your banking PIN

Multi Purpose: You can not only use Karnataka Vikas Grameena Bank money transfer service to transfer money to beneficiary, but also to recharge your mobile / DTH, pay electricity / gas / credit card bill, buy insurance, book fixed deposit, buy mutual fund, etc.

KVGB Online Money Transfer security

100% security for KVGB Online Transfer Money is ensured in the following ways:

  1. KVGB UPI registration for your bank accounts can only be done on your mobile due to linking of your mobile number with your account
  2. Before using BHIM services, you must create a new secure UPI PIN using your debit card
  3. While performing transactions on your mobile you have to use your KVGB UPI PIN. No transaction will go through without this secure UPI PIN
  4. App password can be created so that no one can even open the app without knowing your app password
  5. PIN or pattern lock can be created for your phone so that no one can open your mobile

Timing of KVGB Online Transfer Money

  • You can use UPI services on all days, including Saturday and Sunday
  • BHIM can be used at night as well
  • As banking is very crucial, you can use KVGB UPI facility even on bank holidays and public holidays
  • You can use BHIM services throughout the year

Eligibility conditions for using Online Money Transfer Service

For using KVGB Online Transfer Money service you have to meet the following requirements

  • You must have a savings or current account with KVGB
  • Your mobile number must be registered with your bank
  • You should be using either Android or iPhone mobile phone
  • You should be having an internet connection either via SIM card or WiFi

Limitations of Online Transfer Money Service

Please keep in mind the following limitations of KVGB online fund transfer service:

  • It will not work if your mobile number is not registered in KVGB
  • Without Android or iPhone mobile phone, it will not work
  • Without internet connection, it will not work
  • One can only transfer upto Rs. 1,00,000 per day per bank account
  • One can transfer upto 10 times per day per bank account

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