Pragathi Krishna Gramin Bank, RO SHIMOGA, SHIMOGA Branch IFSC Code

The IFSC code PKGB0010503 is assigned to Pragathi Krishna Gramin Bank, RO SHIMOGA located in SHIMOGA, KARNATAKA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name Pragathi Krishna Gramin Bank
IFSC Code PKGB0010503
Branch Code 010503
Branch RO SHIMOGA
City SHIMOGA
District SHIMOGA
State KARNATAKA
Address P.B. NO 136, K.V.VENKATARAMAIH ROAD,NEAR HOT,SHIMOGA Maps
Contact +918182279103

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

PKGB Bank Code
0 Reserved (0)
010503 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code PKGB0010503 is the Indian Financial System Code assigned to Pragathi Krishna Gramin Bank, RO SHIMOGA branch in SHIMOGA, KARNATAKA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in SHIMOGA, SHIMOGA, KARNATAKA. The full address is: P.B. NO 136, K.V.VENKATARAMAIH ROAD,NEAR HOT,SHIMOGA

The branch code is 010503. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Pragathi Krishna Gramin Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: PKGB0010503
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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