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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Karnataka Gramin Bank for its Honnavalli branch in Tipatur, Tumkur, or Karnataka, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Karnataka Gramin Bank located in Tipatur or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code PKGB0012236. 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, Honnavalli, Tipatur
The table below shows the main details of the IFSC Code PKGB0012236 for the Karnataka Gramin Bank branch in Tipatur, which falls under the Tumkur district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Gramin Bank |
| IFSC Code | PKGB0012236 |
| Branch | Honnavalli |
| City | Tipatur |
| District | Tumkur |
| State | Karnataka |
| Address | Honnavalli Tiptur Taluk Tumkur District |
These details helps users in online banking and for businesses and individuals who use Karnataka Gramin Bank in Tipatur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PKGB0012236 for the Honnavalli 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Karnataka Gramin Bank located in Honnavalli, Tipatur, Karnataka, is provided a unique IFSC like PKGB0012236 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Karnataka Gramin Bank branch in Tipatur.
- 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 Tipatur and Tumkur.
- 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 Honnavalli do not get misguided to another person.
Format of the IFSC Code PKGB0012236
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 Honnavalli in Tipatur.
For example, the IFSC Code PKGB0012236 of Karnataka Gramin Bank for the Honnavalli branch includes these elements, identifying the bank and the branch location in Tipatur and Karnataka accurately.
How to Find IFSC Code for Karnataka Gramin Bank?
If you are trying to find the IFSC Code PKGB0012236 of Karnataka Gramin Bank for its Honnavalli branch located in Tipatur, 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 Tipatur and Tumkur, 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 Honnavalli or Tipatur to get the exact IFSC Code PKGB0012236.
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 Tipatur that will provide accurate information.
How to Use IFSC Code PKGB0012236 for Online Transfers?
Once you have the IFSC Code PKGB0012236 for the Honnavalli branch of Karnataka Gramin Bank in Tipatur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PKGB0012236. 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 PKGB0012236.
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 Honnavalli in Tipatur, 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 Honnavalli, 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 Tipatur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Honnavalli Tipatur branch is PKGB0012236.
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 Honnavalli Tiptur Taluk Tumkur District.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.