The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Karnataka Gramin Bank for its Abbaludu branch in Sidlaghatta, Chikkaballapura, Karnataka, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Karnataka Gramin Bank located in Sidlaghatta or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code PKGB0010516. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Karnataka Gramin Bank, Abbaludu, Sidlaghatta
The table below shows the main details of the IFSC Code PKGB0010516 for the Karnataka Gramin Bank branch in Sidlaghatta, which falls under the Chikkaballapura district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Gramin Bank |
| IFSC Code | PKGB0010516 |
| Branch | Abbaludu |
| City | Sidlaghatta |
| District | Chikkaballapura |
| State | Karnataka |
| Address | The Manager, Pragathi Krishna Gramin Bank, Abbulodu Branch, Sidlaghatta Taluk, Chikkaballapura District, Pin562 105 |
These details helps users in online banking and for businesses and individuals who use Karnataka Gramin Bank in Sidlaghatta for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PKGB0010516 for the Abbaludu branch of Karnataka Gramin Bank plays a vital 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 Abbaludu, Sidlaghatta, Karnataka, are given a unique IFSC like PKGB0010516 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sidlaghatta.
- 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 Sidlaghatta and Chikkaballapura.
- 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 Abbaludu 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 PKGB0010516
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 Abbaludu in Sidlaghatta.
For example, the IFSC Code PKGB0010516 of Karnataka Gramin Bank for the Abbaludu branch includes these elements, identifying the bank and the branch location in Sidlaghatta and Karnataka accurately.
How to Find IFSC Code for Karnataka Gramin Bank?
If you are trying to find the IFSC Code PKGB0010516 of Karnataka Gramin Bank for its Abbaludu branch located in Sidlaghatta, 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
Most banks, including Karnataka Gramin Bank branches in Sidlaghatta and Chikkaballapura, print the IFSC and MICR codes 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 Abbaludu or Sidlaghatta to get the exact IFSC Code PKGB0010516.
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 Sidlaghatta, you'll get the correct details.
How to Use IFSC Code PKGB0010516 for Online Transfers?
If you have the IFSC Code PKGB0010516 for the Abbaludu branch of Karnataka Gramin Bank in Sidlaghatta, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PKGB0010516. 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 PKGB0010516.
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 Abbaludu in Sidlaghatta, 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 Abbaludu, 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 Sidlaghatta manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PKGB0010516.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is The Manager, Pragathi Krishna Gramin Bank, Abbulodu Branch, Sidlaghatta Taluk, Chikkaballapura District, Pin562 105 located in Sidlaghatta, Chikkaballapura, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.