For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Karnataka Gramin Bank for its Bethur branch in Davangere, Davangere, Karnataka, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Karnataka Gramin Bank located in Davangere or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code PKGB0010555. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Karnataka Gramin Bank, Bethur, Davangere
The table below shows the main details of the IFSC Code PKGB0010555 for the Karnataka Gramin Bank branch in Davangere, which falls under the Davangere district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Gramin Bank |
| IFSC Code | PKGB0010555 |
| Branch | Bethur |
| City | Davangere |
| District | Davangere |
| State | Karnataka |
| Address | The Manager,Pragathi Krishna Gramin Bank,Bethur Branch, Davanagere Taluk & Distirct,Pin577 002, |
These details are essential not only for online banking users but also for businesses and individuals who use Karnataka Gramin Bank in Davangere for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PKGB0010555 for the Bethur branch of Karnataka Gramin Bank plays 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 Bethur, Davangere, Karnataka, are allotted a unique IFSC like PKGB0010555 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Davangere.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Davangere and Davangere.
- 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 Bethur reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code PKGB0010555
The format of the IFSC Code for banks, including Karnataka Gramin Bank, has 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 Bethur in Davangere.
For example, the IFSC Code PKGB0010555 of Karnataka Gramin Bank for the Bethur branch includes these elements, identifying the bank and the branch location in Davangere and Karnataka correctly.
How to Find IFSC Code for Karnataka Gramin Bank?
If you are trying to find the IFSC Code PKGB0010555 of Karnataka Gramin Bank for its Bethur branch located in Davangere, 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
You can easily find the IFSC and MICR codes because most banks, including Karnataka Gramin Bank branches in Davangere and Davangere, print them 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 Bethur or Davangere to get the exact IFSC Code PKGB0010555.
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 Davangere, you'll get the correct details.
How to Use IFSC Code PKGB0010555 for Online Transfers?
Once you have the IFSC Code PKGB0010555 for the Bethur branch of Karnataka Gramin Bank in Davangere, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PKGB0010555. 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 PKGB0010555.
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 Bethur in Davangere, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Karnataka Gramin Bank in Bethur, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Davangere manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Bethur Davangere branch is PKGB0010555.
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,Bethur Branch, Davanagere Taluk & Distirct,Pin577 002,.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.