Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Karnataka Gramin Bank for its Hutha Colony Bhadravathi branch in Bhadravathi, Shimoga, Karnataka, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Karnataka Gramin Bank located in Bhadravathi or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code PKGB0010982. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Karnataka Gramin Bank, Hutha Colony Bhadravathi, Bhadravathi
The table below shows the main details of the IFSC Code PKGB0010982 for the Karnataka Gramin Bank branch in Bhadravathi, which falls under the Shimoga district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Gramin Bank |
| IFSC Code | PKGB0010982 |
| Branch | Hutha Colony Bhadravathi |
| City | Bhadravathi |
| District | Shimoga |
| State | Karnataka |
| Address | The Manager,Pragathi Krishna Gramin Bank, Hutta Colony, Main Road, Bhadravathi Town, Bhadravathi Tq, Shimoga Dist |
These details are crucial, not just for online banking users but also for businesses and individuals who use Karnataka Gramin Bank in Bhadravathi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PKGB0010982 for the Hutha Colony Bhadravathi branch of Karnataka Gramin Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Karnataka Gramin Bank located in Hutha Colony Bhadravathi, Bhadravathi, Karnataka, are allotted a unique IFSC like PKGB0010982 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bhadravathi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Bhadravathi and Shimoga.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Karnataka Gramin Bank in Hutha Colony Bhadravathi reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code PKGB0010982
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 Hutha Colony Bhadravathi in Bhadravathi.
For example, the IFSC Code PKGB0010982 of Karnataka Gramin Bank for the Hutha Colony Bhadravathi branch includes these elements, identifying the bank and the branch location in Bhadravathi and Karnataka accurately.
How to Find IFSC Code for Karnataka Gramin Bank?
If you are trying to find the IFSC Code PKGB0010982 of Karnataka Gramin Bank for its Hutha Colony Bhadravathi branch located in Bhadravathi, the following methods can help:
Cheque Book
The cheque book issued by Karnataka Gramin Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Karnataka Gramin Bank branches in Bhadravathi and Shimoga, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Karnataka Gramin Bank and navigate to the branch locator section. Search for Hutha Colony Bhadravathi or Bhadravathi to get the exact IFSC Code PKGB0010982.
Mobile Banking App
If you use Karnataka Gramin Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Karnataka Gramin Bank and Bhadravathi, you'll get the correct details.
How to Use IFSC Code PKGB0010982 for Online Transfers?
If you have the IFSC Code PKGB0010982 for the Hutha Colony Bhadravathi branch of Karnataka Gramin Bank in Bhadravathi, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PKGB0010982. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Karnataka Gramin Bank IFSC Code PKGB0010982.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Karnataka Gramin Bank Hutha Colony Bhadravathi in Bhadravathi, it may result in delayed or failed transactions.
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 Hutha Colony Bhadravathi, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Bhadravathi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Hutha Colony Bhadravathi Bhadravathi branch is PKGB0010982.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at The Manager,Pragathi Krishna Gramin Bank, Hutta Colony, Main Road, Bhadravathi Town, Bhadravathi Tq, Shimoga Dist.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.