MAGADI Branch
The IFSC code of KARNATAKA GRAMEENA BANK MAGADI branch is PKGB0012183. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in MAGADI, KARNATAKA.
PKGB identifies KARNATAKA GRAMEENA BANK, 0 is a reserved digit (always 0), and 012183 identifies the MAGADI branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.
KARNATAKA GRAMEENA BANK MAGADI branch is located at NEAR KALYA GATE MAGADI TALUK RAMANAGARA DISTRICT.
Yes, PKGB0012183 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 MAGADI.
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, PKGB0012183 is an active IFSC code assigned to KARNATAKA GRAMEENA BANK MAGADI in MAGADI, 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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