There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Karnataka Gramin Bank for its Hirehalli M branch in Heggadadevanahalli, Mysore, Karnataka, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Karnataka Gramin Bank situated in Heggadadevanahalli or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code PKGB0011207. You should 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, Hirehalli M, Heggadadevanahalli
Here are the key points that are associated with the IFSC Code PKGB0011207 of Karnataka Gramin Bank for its branch located in Heggadadevanahalli, within the district of Mysore in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Gramin Bank |
| IFSC Code | PKGB0011207 |
| Branch | Hirehalli M |
| City | Heggadadevanahalli |
| District | Mysore |
| State | Karnataka |
| Address | Karnataka Grain Bank, Hirehalli Branch, Heggadadevanahalli Taluk, Mysore District, Karnataka State. Pin 571114 |
These details helps users in online banking and for businesses and individuals who use Karnataka Gramin Bank in Heggadadevanahalli for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PKGB0011207 for the Hirehalli M 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 Hirehalli M, Heggadadevanahalli, Karnataka, is provided with a unique IFSC like PKGB0011207 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Karnataka Gramin Bank branch in Heggadadevanahalli.
- 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 Heggadadevanahalli and Mysore.
- 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 Hirehalli M do not get mixed with another location.
Format of the IFSC Code PKGB0011207
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 Hirehalli M in Heggadadevanahalli.
For example, the IFSC Code PKGB0011207 of Karnataka Gramin Bank for the Hirehalli M branch includes these elements, identifying the bank and the branch location in Heggadadevanahalli and Karnataka correctly.
How to Find IFSC Code for Karnataka Gramin Bank?
If you are trying to find the IFSC Code PKGB0011207 of Karnataka Gramin Bank for its Hirehalli M branch located in Heggadadevanahalli, 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 Heggadadevanahalli and Mysore, 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 Hirehalli M or Heggadadevanahalli to get the exact IFSC Code PKGB0011207.
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 Heggadadevanahalli that will provide accurate information.
How to Use IFSC Code PKGB0011207 for Online Transfers?
Once you have the IFSC Code PKGB0011207 for the Hirehalli M branch of Karnataka Gramin Bank in Heggadadevanahalli, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PKGB0011207. Transfers are processed in batches. This is 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. Requires the recipient's account details and Karnataka Gramin Bank IFSC Code PKGB0011207.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Karnataka Gramin Bank Hirehalli M in Heggadadevanahalli 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 Hirehalli M, 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 Heggadadevanahalli manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Hirehalli M Heggadadevanahalli branch is PKGB0011207.
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 Karnataka Grain Bank, Hirehalli Branch, Heggadadevanahalli Taluk, Mysore District, Karnataka State. Pin 571114.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.