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IFSC Code of Karnataka Gramin Bank, Doddakamaravalli Satellite Branch, Mysore, Karnataka — PKGB0012470

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Karnataka Gramin Bank for its Doddakamaravalli Satellite Branch branch in Piriyapatna, Mysore, Karnataka, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Karnataka Gramin Bank located in Piriyapatna or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code PKGB0012470. You should definitely 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, Doddakamaravalli Satellite Branch, Piriyapatna

Here are the main details that are associated with the IFSC Code PKGB0012470 of Karnataka Gramin Bank for its branch located in Piriyapatna, within the district of Mysore in the state of Karnataka.

Particulars Details
Bank Karnataka Gramin Bank
IFSC Code PKGB0012470
Branch Doddakamaravalli Satellite Branch
City Piriyapatna
District Mysore
State Karnataka
Address Doddakamaravalli Village Periyapatna Taluk Mysuru District

These details are essential not only for online banking users but also for businesses and individuals who use Karnataka Gramin Bank in Piriyapatna for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PKGB0012470 for the Doddakamaravalli Satellite Branch branch of Karnataka Gramin Bank plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like PKGB0012470 is given to every bank branch, including Karnataka Gramin Bank located in Doddakamaravalli Satellite Branch, Piriyapatna, Karnataka, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Karnataka Gramin Bank branch in Piriyapatna.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Piriyapatna and Mysore.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Karnataka Gramin Bank in Doddakamaravalli Satellite Branch doesn't end up at another location.

Format of the IFSC Code PKGB0012470

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 Doddakamaravalli Satellite Branch in Piriyapatna.

For example, the IFSC Code PKGB0012470 of Karnataka Gramin Bank for the Doddakamaravalli Satellite Branch branch includes these elements, identifying the bank and the branch location in Piriyapatna and Karnataka accurately.

How to Find IFSC Code for Karnataka Gramin Bank?

If you are looking for the IFSC Code PKGB0012470 of Karnataka Gramin Bank for its Doddakamaravalli Satellite Branch branch located in Piriyapatna, 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 Piriyapatna and Mysore, 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 Doddakamaravalli Satellite Branch or Piriyapatna to get the exact IFSC Code PKGB0012470.

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 Piriyapatna, then it will provide you proper information.

How to Use IFSC Code PKGB0012470 for Online Transfers?

Once you have the IFSC Code PKGB0012470 for the Doddakamaravalli Satellite Branch branch of Karnataka Gramin Bank in Piriyapatna, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code PKGB0012470. The transfer is completed in batches instead of instantly. It is useful for both 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 PKGB0012470.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Karnataka Gramin Bank Doddakamaravalli Satellite Branch in Piriyapatna, your payment can get delayed or might not go through at all.

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 Doddakamaravalli Satellite Branch, 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 Piriyapatna manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karnataka Gramin Bank in Doddakamaravalli Satellite Branch, Piriyapatna?

The IFSC Code is PKGB0012470.

Is the IFSC Code PKGB0012470 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Karnataka Gramin Bank Doddakamaravalli Satellite Branch?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Doddakamaravalli Satellite Branch branch?

The address of the branch is Doddakamaravalli Village Periyapatna Taluk Mysuru District located in Piriyapatna, Mysore, Karnataka.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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