The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Karnataka Gramin Bank for its Bageshpura branch in Arasikere, Hassan, Karnataka, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Karnataka Gramin Bank located in Arasikere or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code PKGB0012084. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Karnataka Gramin Bank, Bageshpura, Arasikere
The table below shows the main details of the IFSC Code PKGB0012084 for the Karnataka Gramin Bank branch in Arasikere, which falls under the Hassan district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Gramin Bank |
| IFSC Code | PKGB0012084 |
| Branch | Bageshpura |
| City | Arasikere |
| District | Hassan |
| State | Karnataka |
| Address | Arasikere Road Arasikere Taluk Hassan District |
These details helps users in online banking and for businesses and individuals who use Karnataka Gramin Bank in Arasikere for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PKGB0012084 for the Bageshpura branch of Karnataka Gramin Bank plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like PKGB0012084 is given to every bank branch, including Karnataka Gramin Bank located in Bageshpura, Arasikere, Karnataka, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Karnataka Gramin Bank branch in Arasikere.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Arasikere and Hassan.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Karnataka Gramin Bank in Bageshpura doesn't end up at another location.
Format of the IFSC Code PKGB0012084
The format of the IFSC Code for banks, including Karnataka Gramin Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Karnataka Gramin Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bageshpura in Arasikere.
For example, the IFSC Code PKGB0012084 of Karnataka Gramin Bank for the Bageshpura branch includes these elements, identifying the bank and the branch location in Arasikere and Karnataka accurately.
How to Find IFSC Code for Karnataka Gramin Bank?
If you are looking for the IFSC Code PKGB0012084 of Karnataka Gramin Bank for its Bageshpura branch located in Arasikere, the following methods can help:
Cheque Book
The cheque book that is issued by Karnataka Gramin Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Karnataka Gramin Bank branches in Arasikere and Hassan, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Karnataka Gramin Bank and look for the branch locator section, then search for Bageshpura or Arasikere to get the exact IFSC Code PKGB0012084.
Mobile Banking App
If you use Karnataka Gramin Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Karnataka Gramin Bank and Arasikere, then it will provide you proper information.
How to Use IFSC Code PKGB0012084 for Online Transfers?
Once you have the IFSC Code PKGB0012084 for the Bageshpura branch of Karnataka Gramin Bank in Arasikere, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PKGB0012084. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Karnataka Gramin Bank IFSC Code PKGB0012084.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Karnataka Gramin Bank Bageshpura in Arasikere, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Karnataka Gramin Bank in Bageshpura, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Karnataka Gramin Bank website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Arasikere manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PKGB0012084.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Arasikere Road Arasikere Taluk Hassan District located in Arasikere, Hassan, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.