IFSC Code of Karnataka Gramin Bank, Devareddy Hally, Chitradurga, Karnataka — PKGB0010939

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 Devareddy Hally branch in Challakere, Chitradurga, 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 Challakere or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code PKGB0010939. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Karnataka Gramin Bank, Devareddy Hally, Challakere

Below in the table are the key details related to IFSC Code PKGB0010939 of Karnataka Gramin Bank for its branch located in Challakere, within the district of Chitradurga in the state of Karnataka.

These details are important not only for users using online banking but also for businesses and individuals who use Karnataka Gramin Bank in Challakere for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PKGB0010939 for the Devareddy Hally branch of Karnataka Gramin Bank is vital.

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 Devareddy Hally, Challakere, Karnataka, are allotted a unique IFSC like PKGB0010939 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Challakere.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Challakere and Chitradurga.
• 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 Devareddy Hally reaches the right place, even though there are thousands of branches in Karnataka and across India.

Format of the IFSC Code PKGB0010939

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 Devareddy Hally in Challakere.

For example, the IFSC Code PKGB0010939 of Karnataka Gramin Bank for the Devareddy Hally branch includes these elements, identifying the bank and the branch location in Challakere and Karnataka accurately.

How to Find IFSC Code for Karnataka Gramin Bank?

If you are trying to find the IFSC Code PKGB0010939 of Karnataka Gramin Bank for its Devareddy Hally branch located in Challakere, 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 Challakere and Chitradurga, 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 Devareddy Hally or Challakere to get the exact IFSC Code PKGB0010939.

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 Challakere, you'll get the correct details.

How to Use IFSC Code PKGB0010939 for Online Transfers?

Once you have the IFSC Code PKGB0010939 for the Devareddy Hally branch of Karnataka Gramin Bank in Challakere, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PKGB0010939. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Karnataka Gramin Bank IFSC Code PKGB0010939.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Karnataka Gramin Bank Devareddy Hally in Challakere, it can 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 Devareddy Hally, 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 Challakere to handle online money transfers and get their cheques cleared smoothly.