MADYAL Branch
The IFSC code of KARNATAKA GRAMEENA BANK MADYAL branch is PKGB0011093. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in ALAND, KARNATAKA.
PKGB identifies KARNATAKA GRAMEENA BANK, 0 is a reserved digit (always 0), and 011093 identifies the MADYAL branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.
KARNATAKA GRAMEENA BANK MADYAL branch is located at TQ.ALAND DIST.GULBARGA.
Yes, PKGB0011093 is valid for all electronic transfers: NEFT (24x7, batch settlement), RTGS (real-time, minimum Rs 2 lakh), IMPS (instant, 24x7, up to Rs 5 lakh), and UPI (IFSC is used internally for bank routing in all UPI transactions). Enter this code with the account number to transfer funds to KARNATAKA GRAMEENA BANK MADYAL.
MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque clearing and processing. Unlike the IFSC code used for online transfers, the MICR code is printed at the bottom of your cheque leaf using magnetic ink and is read by automated clearing machines.
Based on RBI records, PKGB0011093 is an active IFSC code assigned to KARNATAKA GRAMEENA BANK MADYAL in ALAND, KARNATAKA. If you receive a transaction failure citing this IFSC, contact KARNATAKA GRAMEENA BANK directly or verify on the RBI website, as codes may be updated following bank mergers or branch relocations.
Verify Before You Transfer
Always confirm the IFSC code directly with KARNATAKA GRAMEENA BANK or the RBI before initiating a high-value transfer.
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