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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Karnataka Gramin Bank for its Ro Hassan branch in Hassan, Hassan, or Karnataka, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Karnataka Gramin Bank located in Hassan or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code PKGB0012502. 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, Ro Hassan, Hassan
Here are some of the key details that come with the IFSC Code PKGB0012502 of Karnataka Gramin Bank for its branch located in Hassan, within the district of Hassan in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Gramin Bank |
| IFSC Code | PKGB0012502 |
| Branch | Ro Hassan |
| City | Hassan |
| District | Hassan |
| State | Karnataka |
| Address | Shankar Matt Road K.R.Puram Hassan,Hassan Taluk |
These details are crucial, not just for online banking users but also for businesses and individuals who use Karnataka Gramin Bank in Hassan for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PKGB0012502 for the Ro Hassan 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, including Karnataka Gramin Bank located in Ro Hassan, Hassan, Karnataka, is provided with a unique IFSC like PKGB0012502 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Karnataka Gramin Bank branch in Hassan.
- 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 Hassan and Hassan.
- 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 Ro Hassan do not get mixed with another location.
Format of the IFSC Code PKGB0012502
This is the format of the IFSC Code for banks, including Karnataka Gramin Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Karnataka Gramin Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Ro Hassan in Hassan.
For example, the IFSC Code PKGB0012502 of Karnataka Gramin Bank for the Ro Hassan branch includes these elements, identifying the bank and the branch location in Hassan and Karnataka accurately.
How to Find IFSC Code for Karnataka Gramin Bank?
If you are trying to find the IFSC Code PKGB0012502 of Karnataka Gramin Bank for its Ro Hassan branch located in Hassan, the following methods can help:
Cheque Book
The cheque books that are issued by Karnataka Gramin Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Karnataka Gramin Bank branches in Hassan and Hassan, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Karnataka Gramin Bank and find the branch locator section. Search for Ro Hassan or Hassan to get the exact IFSC Code PKGB0012502.
Mobile Banking App
If you use Karnataka Gramin Bank's mobile app, you can easily 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 to help you in searching for Karnataka Gramin Bank and Hassan that will provide accurate information.
How to Use IFSC Code PKGB0012502 for Online Transfers?
If you have the IFSC Code PKGB0012502 for the Ro Hassan branch of Karnataka Gramin Bank in Hassan, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PKGB0012502. 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 PKGB0012502.
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 Ro Hassan in Hassan, it may 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 Ro Hassan, 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 Hassan manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Ro Hassan Hassan branch is PKGB0012502.
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 Shankar Matt Road K.R.Puram Hassan,Hassan Taluk.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.