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 Moregere branch in Hagaribommanahalli, Bellary, 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 Hagaribommanahalli or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code PKGB0010751. 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, Moregere, Hagaribommanahalli

Below in the table are the key details related to IFSC Code PKGB0010751 of Karnataka Gramin Bank for its branch located in Hagaribommanahalli, within the district of Bellary in the state of Karnataka.

Particulars Details
Bank Karnataka Gramin Bank
IFSC Code PKGB0010751
Branch Moregere
City Hagaribommanahalli
District Bellary
State Karnataka
Address The Manager, Pragathi Krishna Gramin Bank,Moregere Branchh B Hally Taluk Bellary District Pin583 220

These details helps users in online banking and for businesses and individuals who use Karnataka Gramin Bank in Hagaribommanahalli for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PKGB0010751 for the Moregere 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 provided by the Reserve Bank of India. Every bank branch, including Karnataka Gramin Bank located in Moregere, Hagaribommanahalli, Karnataka, is provided with a unique IFSC like PKGB0010751 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Karnataka Gramin Bank branch in Hagaribommanahalli.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Hagaribommanahalli and Bellary.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Karnataka Gramin Bank in Moregere do not get mixed with another location.

Format of the IFSC Code PKGB0010751

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): These represent the bank code. In Karnataka Gramin Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Moregere in Hagaribommanahalli.

For example, the IFSC Code PKGB0010751 of Karnataka Gramin Bank for the Moregere branch has these elements, identifying the bank and the branch location in Hagaribommanahalli and Karnataka correctly.

How to Find IFSC Code for Karnataka Gramin Bank?

If you are trying to find the IFSC Code PKGB0010751 of Karnataka Gramin Bank for its Moregere branch located in Hagaribommanahalli, 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 Hagaribommanahalli and Bellary, 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 Moregere or Hagaribommanahalli to get the exact IFSC Code PKGB0010751.

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 Hagaribommanahalli, you'll get the correct details.

How to Use IFSC Code PKGB0010751 for Online Transfers?

Once you have the IFSC Code PKGB0010751 for the Moregere branch of Karnataka Gramin Bank in Hagaribommanahalli, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PKGB0010751. 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 PKGB0010751.

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 Moregere in Hagaribommanahalli, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Karnataka Gramin Bank in Moregere, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Karnataka Gramin Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Hagaribommanahalli manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karnataka Gramin Bank Moregere Hagaribommanahalli?

The IFSC Code of the Moregere Hagaribommanahalli branch is PKGB0010751.

Is IFSC Code PKGB0010751 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 Moregere branch?

The branch is located at The Manager, Pragathi Krishna Gramin Bank,Moregere Branchh B Hally Taluk Bellary District Pin583 220.

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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