Karnataka Gramin Bank - Magala IFSC Code

Bellary Karnataka
IFSC Code
PKGB0010724
MICR Code
583697550
Bank Code
PKGB

Payment Services

NEFT Available
RTGS Available
IMPS Available
UPI Unavailable

Location & Contact

ADDRESS
THE MANAGER, PRAGATHI KRISHNA GRAMIN BANK,MAGALA BRANCH HUVINAHADAGALITALUK BELLARYDISTRICTPIN583 216
DISTRICT
Huvinahadagali
STATE
Karnataka
CONTACT
+918399258146

About Karnataka Gramin Bank MAGALA Branch

The Karnataka Gramin Bank Magala branch is located in Bellary, Huvinahadagali district, Karnataka. Its official IFSC code is PKGB0010724. This branch offers a wide range of banking services to customers in the Bellary area, including savings and current accounts, loans, and digital banking facilities.

You can use the IFSC code PKGB0010724 for all online fund transfers, such as NEFT, RTGS and IMPS. It is mandatory to provide this code when adding a beneficiary to ensure that your funds are transferred securely and accurately to this specific branch.

Additionally, this branch has the MICR code 583697550, which is used for the processing and clearing of cheques. This code is printed on the bottom of cheque leaves and facilitates faster clearing.

Whether you are receiving funds or sending money to an account at the Magala branch, always verify the IFSC code PKGB0010724 before confirming the transaction.

How to Use This IFSC Code

The IFSC code PKGB0010724 is required for:

  • NEFT Transfers: National Electronic Funds Transfer to this branch
  • RTGS Transfers: Real Time Gross Settlement for large transactions
  • IMPS Transfers: Immediate Payment Service for instant transfers
  • UPI Setup: Link your bank account to UPI apps
  • Online Bill Payments: Add beneficiary for utility payments

Simply enter PKGB0010724 when prompted for the IFSC code during any online banking transaction.

Frequently Asked Questions

The IFSC code for the Magala branch of Karnataka Gramin Bank in Bellary, Karnataka is PKGB0010724. This code is used for all online banking transactions including NEFT, RTGS, and IMPS.
The MICR (Magnetic Ink Character Recognition) code for this branch is 583697550. MICR codes are used for cheque processing and clearing.
Yes, the Magala branch of Karnataka Gramin Bank supports both NEFT (National Electronic Funds Transfer) and RTGS (Real Time Gross Settlement) transactions. You can use the IFSC code PKGB0010724 for these services.
The complete address is: THE MANAGER, PRAGATHI KRISHNA GRAMIN BANK,MAGALA BRANCH HUVINAHADAGALITALUK BELLARYDISTRICTPIN583 216, Bellary, Karnataka. This branch serves customers in the Bellary area.
Please contact the branch to confirm UPI service availability.
To use this IFSC code, enter PKGB0010724 in the IFSC code field when adding a beneficiary or making an online transfer. Ensure you also enter the correct account number and account holder name for successful transactions.