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Karnataka Gramin Bank

MUDDATNUR BRANCH

+918396210662

IFSC CODE
PKGB0010753
MICR Code 583697520
Branch Code 010753
City / District SIRUGUPPA
State KARNATAKA
Office Address THE MANAGER, KARNATAKA GRAMEENA BANK, MUDDATANUR BRANCHSIRUGUPPA TALUK BELLARY DISTRICT PIN583 120
Phone +918396210662
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Karnataka Gramin Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the MUDDATNUR branch of Karnataka Gramin Bank, the code PKGB0010753 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the PKGB0010753 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"PKGB" represents Karnataka Gramin Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for MUDDATNUR

Payment Systems Supported by PKGB0010753

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—583697520—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Karnataka Gramin Bank in SIRUGUPPA typically follows the RBI holiday calendar. Digital transfers via PKGB0010753 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While PKGB0010753 is the valid code for MUDDATNUR at SIRUGUPPA, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Financial Tools

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Branch Context

  • • MUDDATNUR Contact
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Platform Links

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  • • IFSC Finder v2.0

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