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 Ammathi branch in Virajpet, Madikere, 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 Virajpet or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code PKGB0012422. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Karnataka Gramin Bank, Ammathi, Virajpet
Below in the table are the key details related to IFSC Code PKGB0012422 of Karnataka Gramin Bank for its branch located in Virajpet, within the district of Madikere in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Gramin Bank |
| IFSC Code | PKGB0012422 |
| Branch | Ammathi |
| City | Virajpet |
| District | Madikere |
| State | Karnataka |
| Address | Old Canara Bank Building Virajpete Road Ammathi Virajpete Taluk Kodagu District |
These details are important not only for users using online banking but also for businesses and individuals who use Karnataka Gramin Bank in Virajpet for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code PKGB0012422 for the Ammathi 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 Ammathi, Virajpet, Karnataka, are allotted a unique IFSC like PKGB0012422 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Virajpet.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Virajpet and Madikere.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Karnataka Gramin Bank in Ammathi reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code PKGB0012422
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 Ammathi in Virajpet.
For example, the IFSC Code PKGB0012422 of Karnataka Gramin Bank for the Ammathi branch includes these elements, identifying the bank and the branch location in Virajpet and Karnataka accurately.
How to Find IFSC Code for Karnataka Gramin Bank?
If you are trying to find the IFSC Code PKGB0012422 of Karnataka Gramin Bank for its Ammathi branch located in Virajpet, 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 Virajpet and Madikere, 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 Ammathi or Virajpet to get the exact IFSC Code PKGB0012422.
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 Virajpet, you'll get the correct details.
How to Use IFSC Code PKGB0012422 for Online Transfers?
Once you have the IFSC Code PKGB0012422 for the Ammathi branch of Karnataka Gramin Bank in Virajpet, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PKGB0012422. 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 PKGB0012422.
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 Ammathi in Virajpet, 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 Ammathi, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Virajpet to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is PKGB0012422.
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 Old Canara Bank Building Virajpete Road Ammathi Virajpete Taluk Kodagu District located in Virajpet, Madikere, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.