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IFSC Code of Karnataka Gramin Bank, Sunkeshwarahal, Raichur, Karnataka — PKGB0010874

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 Sunkeshwarahal branch in Deodurga, Raichur, 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 Deodurga or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code PKGB0010874. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Karnataka Gramin Bank, Sunkeshwarahal, Deodurga

The table below shows the main details of the IFSC Code PKGB0010874 for the Karnataka Gramin Bank branch in Deodurga, which falls under the Raichur district in Karnataka.

Particulars Details
Bank Karnataka Gramin Bank
IFSC Code PKGB0010874
Branch Sunkeshwarahal
City Deodurga
District Raichur
State Karnataka
Address The Manager,Pragathi Krishna Gramin Bank,Sunkeshwarahal Branch,Deodurga Taluk,Raichur District,Pin584 126

These details are essential not only for online banking users but also for businesses and individuals who use Karnataka Gramin Bank in Deodurga for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PKGB0010874 for the Sunkeshwarahal 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 Sunkeshwarahal, Deodurga, Karnataka, are allotted a unique IFSC like PKGB0010874 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code PKGB0010874

The format of the IFSC Code for banks, including Karnataka Gramin Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Karnataka Gramin Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sunkeshwarahal in Deodurga.

For example, the IFSC Code PKGB0010874 of Karnataka Gramin Bank for the Sunkeshwarahal branch includes these elements, identifying the bank and the branch location in Deodurga and Karnataka accurately.

How to Find IFSC Code for Karnataka Gramin Bank?

To find the IFSC Code PKGB0010874 of Karnataka Gramin Bank for its Sunkeshwarahal branch located in Deodurga, the following methods can help you out:

Cheque Book

The cheque book issued by Karnataka Gramin Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Karnataka Gramin Bank branches in Deodurga and Raichur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Karnataka Gramin Bank and go to the branch locator section. Then search for Sunkeshwarahal or Deodurga to find the exact IFSC Code PKGB0010874.

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 maintains an updated database of all IFSC codes. Searching for Karnataka Gramin Bank and Deodurga will provide accurate information.

How to Use IFSC Code PKGB0010874 for Online Transfers?

If you have the IFSC Code PKGB0010874 for the Sunkeshwarahal branch of Karnataka Gramin Bank in Deodurga, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PKGB0010874. 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 PKGB0010874.

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 Sunkeshwarahal in Deodurga, 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 Sunkeshwarahal, 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 Deodurga manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karnataka Gramin Bank Sunkeshwarahal Deodurga?

The IFSC Code of the Sunkeshwarahal Deodurga branch is PKGB0010874.

Is IFSC Code PKGB0010874 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Karnataka Gramin Bank Sunkeshwarahal branch?

The branch is located at The Manager,Pragathi Krishna Gramin Bank,Sunkeshwarahal Branch,Deodurga Taluk,Raichur District,Pin584 126.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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