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 Hirevankalakunta branch in Yelburga, Koppal, 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 Yelburga or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code PKGB0010647. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Karnataka Gramin Bank, Hirevankalakunta, Yelburga
Below in the table are the key details related to IFSC Code PKGB0010647 of Karnataka Gramin Bank for its branch located in Yelburga, within the district of Koppal in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Gramin Bank |
| IFSC Code | PKGB0010647 |
| Branch | Hirevankalakunta |
| City | Yelburga |
| District | Koppal |
| State | Karnataka |
| Address | The Manager,Pragathi Krishna Gramin Bank,Hirevankala Kunta Br,Yelburga Taluk,Koppal District, Pin - 583 237 |
These details helps users in online banking and for businesses and individuals who use Karnataka Gramin Bank in Yelburga for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PKGB0010647 for the Hirevankalakunta 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, including Karnataka Gramin Bank located in Hirevankalakunta, Yelburga, Karnataka, is provided with a unique IFSC like PKGB0010647 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Karnataka Gramin Bank branch in Yelburga.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Yelburga and Koppal.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Karnataka Gramin Bank in Hirevankalakunta do not get mixed with another location.
Format of the IFSC Code PKGB0010647
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 Hirevankalakunta in Yelburga.
For example, the IFSC Code PKGB0010647 of Karnataka Gramin Bank for the Hirevankalakunta branch includes these elements, identifying the bank and the branch location in Yelburga and Karnataka accurately.
How to Find IFSC Code for Karnataka Gramin Bank?
To find the IFSC Code PKGB0010647 of Karnataka Gramin Bank for its Hirevankalakunta branch located in Yelburga, the following methods can help you out:
Cheque Book
The cheque book issued by Karnataka Gramin Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Karnataka Gramin Bank branches in Yelburga and Koppal, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Karnataka Gramin Bank and go to the branch locator section. Then search for Hirevankalakunta or Yelburga to find the exact IFSC Code PKGB0010647.
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 maintains an updated database of all IFSC codes. Searching for Karnataka Gramin Bank and Yelburga will provide accurate information.
How to Use IFSC Code PKGB0010647 for Online Transfers?
Once you have the IFSC Code PKGB0010647 for the Hirevankalakunta branch of Karnataka Gramin Bank in Yelburga, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PKGB0010647. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Karnataka Gramin Bank IFSC Code PKGB0010647.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Karnataka Gramin Bank Hirevankalakunta in Yelburga, it can result in delayed or failed transactions.
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 Hirevankalakunta, 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 Yelburga manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is PKGB0010647.
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,Hirevankala Kunta Br,Yelburga Taluk,Koppal District, Pin - 583 237 located in Yelburga, Koppal, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.