Karnataka Gramin Bank IFSC Code PKGB0010516

Karnataka Gramin Bank – ABBALUDU

IFSC Code: PKGB0010516

MICR Code: 562697511

Branch: ABBALUDU

Bank: Karnataka Gramin Bank

Address: THE MANAGER, PRAGATHI KRISHNA GRAMIN BANK, ABBULODU BRANCH, SIDLAGHATTA TALUK, CHIKKABALLAPURA DISTRICT, PIN562 105

District: CHIKKABALLAPURA

State: KARNATAKA

Contact: +918158258518

Indian Financial System Code (IFSC): PKGB0010516

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 010516. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 562697511

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.