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 Kondethimmanahally branch in Pavagada, Tumkur, 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 Pavagada or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code PKGB0012144. 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, Kondethimmanahally, Pavagada
The table below shows the main details of the IFSC Code PKGB0012144 for the Karnataka Gramin Bank branch in Pavagada, which falls under the Tumkur district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Gramin Bank |
| IFSC Code | PKGB0012144 |
| Branch | Kondethimmanahally |
| City | Pavagada |
| District | Tumkur |
| State | Karnataka |
| Address | Kondethimmanahally Pavagada Taluk Tumkur District |
These details are important not only for users using online banking but also for businesses and individuals who use Karnataka Gramin Bank in Pavagada for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PKGB0012144 for the Kondethimmanahally 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 Kondethimmanahally, Pavagada, Karnataka, are given a unique IFSC like PKGB0012144 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Pavagada.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Pavagada and Tumkur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Karnataka Gramin Bank in Kondethimmanahally goes to the correct branch. This is important because Karnataka Gramin Bank has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code PKGB0012144
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 Kondethimmanahally in Pavagada.
For example, the IFSC Code PKGB0012144 of Karnataka Gramin Bank for the Kondethimmanahally branch has these elements, identifying the bank and the branch location in Pavagada and Karnataka correctly.
How to Find IFSC Code for Karnataka Gramin Bank?
If you are looking for the IFSC Code PKGB0012144 of Karnataka Gramin Bank for its Kondethimmanahally branch located in Pavagada, 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 Pavagada and Tumkur, 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 Kondethimmanahally or Pavagada to get the exact IFSC Code PKGB0012144.
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 Pavagada, then it will provide you proper information.
How to Use IFSC Code PKGB0012144 for Online Transfers?
If you have the IFSC Code PKGB0012144 for the Kondethimmanahally branch of Karnataka Gramin Bank in Pavagada, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PKGB0012144. 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 PKGB0012144.
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 Kondethimmanahally in Pavagada, it 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 Kondethimmanahally, 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 Pavagada manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PKGB0012144.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Kondethimmanahally Pavagada Taluk Tumkur District located in Pavagada, Tumkur, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.