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 Bilikere branch in Hunusur, Mysore, 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 Hunusur or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code PKGB0012002. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Karnataka Gramin Bank, Bilikere, Hunusur
Here are some of the key details that come with the IFSC Code PKGB0012002 of Karnataka Gramin Bank for its branch located in Hunusur, within the district of Mysore in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Gramin Bank |
| IFSC Code | PKGB0012002 |
| Branch | Bilikere |
| City | Hunusur |
| District | Mysore |
| State | Karnataka |
| Address | Bilikere,Hunsur Taluk,Mysuru District |
These details are important not only for users using online banking but also for businesses and individuals who use Karnataka Gramin Bank in Hunusur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PKGB0012002 for the Bilikere 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 Bilikere, Hunusur, Karnataka, are allotted a unique IFSC like PKGB0012002 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Hunusur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Hunusur and Mysore.
- 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 Bilikere reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code PKGB0012002
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 Bilikere in Hunusur.
For example, the IFSC Code PKGB0012002 of Karnataka Gramin Bank for the Bilikere branch has these elements, identifying the bank and the branch location in Hunusur and Karnataka correctly.
How to Find IFSC Code for Karnataka Gramin Bank?
If you are trying to find the IFSC Code PKGB0012002 of Karnataka Gramin Bank for its Bilikere branch located in Hunusur, 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 Hunusur 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 Bilikere or Hunusur to get the exact IFSC Code PKGB0012002.
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 Hunusur that will provide accurate information.
How to Use IFSC Code PKGB0012002 for Online Transfers?
Once you have the IFSC Code PKGB0012002 for the Bilikere branch of Karnataka Gramin Bank in Hunusur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PKGB0012002. 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 PKGB0012002.
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 Bilikere in Hunusur 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 Bilikere, 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 Hunusur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PKGB0012002.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Bilikere,Hunsur Taluk,Mysuru District located in Hunusur, Mysore, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.