Karnataka Gramin Bank MAGALA Branch IFSC Code

PKGB 0010724
Karnataka Gramin Bank Logo Karnataka Gramin Bank
MAGALA — BELLARY, KARNATAKA
MICR: 583697550 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✗

Branch Details

Bank
Karnataka Gramin Bank
Branch
MAGALA
IFSC Code
PKGB0010724
MICR Code
583697550
Address
THE MANAGER, KARNATAKA GRAMEENA BANK,MAGALA BRANCH HUVINAHADAGALITALUK BELLARYDISTRICTPIN583 216
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City
BELLARY
District
HUVINAHADAGALI
State
KARNATAKA
Contact
+918399258146

How to Use This IFSC Code

NEFT Transfer

Use IFSC code PKGB0010724 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code PKGB0010724.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code PKGB0010724.

IFSC Code Structure

P
K
G
B
0
0
1
0
7
2
4
  • PKGB — Bank code (Karnataka Gramin Bank)
  • 0 — Reserved (always 0)
  • 010724 — Branch code (MAGALA)

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Frequently Asked Questions

Is PKGB0010724 valid for online transfer?
Yes, PKGB0010724 is a valid IFSC code for Karnataka Gramin Bank MAGALA branch in BELLARY, KARNATAKA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does PKGB0010724 belong to?
PKGB0010724 belongs to Karnataka Gramin Bank. The first 4 characters "PKGB" identify the bank.
What is the MICR code for this branch?
The MICR code for Karnataka Gramin Bank MAGALA is 583697550. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using PKGB0010724?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.