The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Karnataka Gramin Bank for its Shivaganga branch in Holalkere, Chitradurga, Karnataka, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Karnataka Gramin Bank located in Holalkere or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code PKGB0010806. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Karnataka Gramin Bank, Shivaganga, Holalkere
Here are the main details that are associated with the IFSC Code PKGB0010806 of Karnataka Gramin Bank for its branch located in Holalkere, within the district of Chitradurga in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Gramin Bank |
| IFSC Code | PKGB0010806 |
| Branch | Shivaganga |
| City | Holalkere |
| District | Chitradurga |
| State | Karnataka |
| Address | Shivaganga,Holalkere Tq |
These details are important not only for users using online banking but also for businesses and individuals who use Karnataka Gramin Bank in Holalkere for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PKGB0010806 for the Shivaganga branch of Karnataka Gramin Bank is vital.
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 Shivaganga, Holalkere, Karnataka, are allotted a unique IFSC like PKGB0010806 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Holalkere.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Holalkere and Chitradurga.
- 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 Shivaganga reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code PKGB0010806
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): 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 Shivaganga in Holalkere.
For example, the IFSC Code PKGB0010806 of Karnataka Gramin Bank for the Shivaganga branch includes these elements, identifying the bank and the branch location in Holalkere and Karnataka accurately.
How to Find IFSC Code for Karnataka Gramin Bank?
If you are looking for the IFSC Code PKGB0010806 of Karnataka Gramin Bank for its Shivaganga branch located in Holalkere, the following methods can help:
Cheque Book
The cheque book that is issued by Karnataka Gramin Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Karnataka Gramin Bank branches in Holalkere and Chitradurga, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Karnataka Gramin Bank and look for the branch locator section, then search for Shivaganga or Holalkere to get the exact IFSC Code PKGB0010806.
Mobile Banking App
If you use Karnataka Gramin Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Karnataka Gramin Bank and Holalkere, then it will provide you proper information.
How to Use IFSC Code PKGB0010806 for Online Transfers?
Once you have the IFSC Code PKGB0010806 for the Shivaganga branch of Karnataka Gramin Bank in Holalkere, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PKGB0010806. 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 PKGB0010806.
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 Shivaganga in Holalkere 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 Shivaganga, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Holalkere to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Shivaganga Holalkere branch is PKGB0010806.
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 Shivaganga,Holalkere Tq.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.