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 Sampekatte branch in Hosanagara, Shimoga, 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 Hosanagara or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code PKGB0010793. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Karnataka Gramin Bank, Sampekatte, Hosanagara
The table below shows the main details of the IFSC Code PKGB0010793 for the Karnataka Gramin Bank branch in Hosanagara, which falls under the Shimoga district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Gramin Bank |
| IFSC Code | PKGB0010793 |
| Branch | Sampekatte |
| City | Hosanagara |
| District | Shimoga |
| State | Karnataka |
| Address | The Manager, Pragathi Krishna Gramin Bank,Sampekatte Branch,Hosanagara Taluk,Shivamogga District, Pin577 452, |
These details are crucial, not just for online banking users but also for businesses and individuals who use Karnataka Gramin Bank in Hosanagara for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PKGB0010793 for the Sampekatte 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, along with Karnataka Gramin Bank located in Sampekatte, Hosanagara, Karnataka, are allotted a unique IFSC like PKGB0010793 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Hosanagara.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Hosanagara and Shimoga.
- 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 Sampekatte reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code PKGB0010793
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 Sampekatte in Hosanagara.
For example, the IFSC Code PKGB0010793 of Karnataka Gramin Bank for the Sampekatte branch includes these elements, identifying the bank and the branch location in Hosanagara and Karnataka accurately.
How to Find IFSC Code for Karnataka Gramin Bank?
If you are trying to find the IFSC Code PKGB0010793 of Karnataka Gramin Bank for its Sampekatte branch located in Hosanagara, 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
You can easily find the IFSC and MICR codes because most banks, including Karnataka Gramin Bank branches in Hosanagara and Shimoga, print them 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 Sampekatte or Hosanagara to get the exact IFSC Code PKGB0010793.
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 Hosanagara, you'll get the correct details.
How to Use IFSC Code PKGB0010793 for Online Transfers?
Once you have the IFSC Code PKGB0010793 for the Sampekatte branch of Karnataka Gramin Bank in Hosanagara, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PKGB0010793. 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 PKGB0010793.
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 Sampekatte in Hosanagara 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 Sampekatte, 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 Hosanagara manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Sampekatte Hosanagara branch is PKGB0010793.
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 The Manager, Pragathi Krishna Gramin Bank,Sampekatte Branch,Hosanagara Taluk,Shivamogga District, Pin577 452,.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.