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 Shimoga Main branch in Shimoga, Shimoga, 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 Shimoga or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code PKGB0010804. 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, Shimoga Main, Shimoga
Below in the table are the key details related to IFSC Code PKGB0010804 of Karnataka Gramin Bank for its branch located in Shimoga, within the district of Shimoga in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Gramin Bank |
| IFSC Code | PKGB0010804 |
| Branch | Shimoga Main |
| City | Shimoga |
| District | Shimoga |
| State | Karnataka |
| Address | Shimoga |
These details help users in online banking and for businesses and individuals who use Karnataka Gramin Bank in Shimoga for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PKGB0010804 for the Shimoga Main branch of Karnataka Gramin Bank has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Karnataka Gramin Bank located in Shimoga Main, Shimoga, Karnataka, is provided a unique IFSC like PKGB0010804 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Karnataka Gramin Bank branch in Shimoga.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Shimoga and Shimoga.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Karnataka and the rest of India, the IFSC Code ensures that transactions meant for Karnataka Gramin Bank in Shimoga Main do not get misguided to another person.
Format of the IFSC Code PKGB0010804
This is the format of the IFSC Code for banks, including Karnataka Gramin Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Karnataka Gramin Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Shimoga Main in Shimoga.
For example, the IFSC Code PKGB0010804 of Karnataka Gramin Bank for the Shimoga Main branch includes these elements, identifying the bank and the branch location in Shimoga and Karnataka accurately.
How to Find IFSC Code for Karnataka Gramin Bank?
If you are looking for the IFSC Code PKGB0010804 of Karnataka Gramin Bank for its Shimoga Main branch located in Shimoga, 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 Shimoga and Shimoga, 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 Shimoga Main or Shimoga to get the exact IFSC Code PKGB0010804.
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 Shimoga, then it will provide you proper information.
How to Use IFSC Code PKGB0010804 for Online Transfers?
Once you have the IFSC Code PKGB0010804 for the Shimoga Main branch of Karnataka Gramin Bank in Shimoga, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PKGB0010804. 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 PKGB0010804.
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 Shimoga Main in Shimoga, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Karnataka Gramin Bank in Shimoga Main, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Karnataka Gramin Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Shimoga manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Shimoga Main Shimoga branch is PKGB0010804.
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 Shimoga.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.