Use this page as a one-stop reference for everything related to Karnataka Grameena Bank's DEVAREDDY HALLY branch in CHALLAKERE, KARNATAKA. The branch's IFSC code PKGB0010939 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, PKGB0010939 is the IFSC of Karnataka Grameena Bank's DEVAREDDY HALLY branch. The format is fixed: PKGB = bank code, 0 = reserved, 010939 = branch identifier.
Branch details at a glance
| Bank Name | Karnataka Grameena Bank |
|---|---|
| Branch | Devareddy Hally |
| IFSC Code | PKGB0010939 |
| MICR Code | Refer to cheque leaf |
| Branch Address | THE MANAGER,KARNATAKA GRAMEENA BANK,DEVAREDDI HALLY BRANCH,CHALLAKERE TALUK,CHITRADURGA DISTRICT,PIN - 577 529 |
| City | Challakere |
| District | Chitradurga |
| State | Karnataka |
| STD Code | 8190 |
| Phone | 210400 |
About Karnataka Grameena Bank
Karnataka Grameena Bank operates a wide network of branches across India, including the Devareddy Hally branch in Challakere. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, PKGB0010939.
About the Devareddy Hally branch
The Devareddy Hally branch of Karnataka Grameena Bank is situated at THE MANAGER,KARNATAKA GRAMEENA BANK,DEVAREDDI HALLY BRANCH,CHALLAKERE TALUK,CHITRADURGA DISTRICT,PIN - 577 529. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code PKGB0010939 is used.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Karnataka Grameena Bank's DEVAREDDY HALLY branch came to be assigned the code PKGB0010939.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC PKGB0010939, money simply cannot be routed to the DEVAREDDY HALLY branch electronically.
How to transfer money using IFSC PKGB0010939
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC PKGB0010939 across all three.
NEFT to Karnataka Grameena Bank, DEVAREDDY HALLY using IFSC PKGB0010939
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC PKGB0010939, and confirm that the system picks up Karnataka Grameena Bank – DEVAREDDY HALLY. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to DEVAREDDY HALLY
If you need to transfer ₹2 lakh or more in one go to an account at Karnataka Grameena Bank's DEVAREDDY HALLY branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PKGB0010939 while initiating the transfer and the credit will appear within minutes.
IMPS to Karnataka Grameena Bank DEVAREDDY HALLY (IFSC PKGB0010939)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PKGB0010939 in your mobile or internet banking app, and the money is credited to the DEVAREDDY HALLY branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC PKGB0010939 for Karnataka Grameena Bank – DEVAREDDY HALLY, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – PKGB0010939 | Yes – PKGB0010939 | Yes – PKGB0010939 |
For most retail customers crediting the Devareddy Hally branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC PKGB0010939
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Karnataka Grameena Bank – DEVAREDDY HALLY is still mapped to IFSC PKGB0010939. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC PKGB0010939 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Devareddy Hally branch is mapped to IFSC PKGB0010939 on the RBI payments network. The branch generally supports the full retail product catalogue of Karnataka Grameena Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains PKGB0010939.
Products and services
Customers walking into the Devareddy Hally branch can access most of Karnataka Grameena Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC PKGB0010939
MICR & cheque-truncation details
Cheques drawn on the Devareddy Hally branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC PKGB0010939 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Devareddy Hally branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC PKGB0010939 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Common mistakes to avoid when using IFSC PKGB0010939
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Karnataka Grameena Bank – DEVAREDDY HALLY, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
PKGB0010939. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Devareddy Hally branch
The branch is located at THE MANAGER,KARNATAKA GRAMEENA BANK,DEVAREDDI HALLY BRANCH,CHALLAKERE TALUK,CHITRADURGA DISTRICT,PIN - 577 529, which puts it inside Challakere, the broader Chitradurga district, and the state of Karnataka. To plan your visit:
- Open Google Maps on your phone and search for “Karnataka Grameena Bank Devareddy Hally branch” — the verified location pin for IFSC PKGB0010939 should appear at the top of the results.
- Confirm the branch is open by calling 8190-210400 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC PKGB0010939 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC PKGB0010939 for Karnataka Grameena Bank – DEVAREDDY HALLY, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Working hours
Branch counters at Devareddy Hally are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to PKGB0010939 continue to work without interruption.
Branch address & contact
Karnataka Grameena BankDevareddy Hally Branch
THE MANAGER,KARNATAKA GRAMEENA BANK,DEVAREDDI HALLY BRANCH,CHALLAKERE TALUK,CHITRADURGA DISTRICT,PIN - 577 529
Challakere, Karnataka
Phone: 8190-210400
IFSC: PKGB0010939
Frequently asked questions
Is IFSC PKGB0010939 the same for all accounts at Devareddy Hally branch?
Yes. The IFSC PKGB0010939 is shared by every account held at Karnataka Grameena Bank's Devareddy Hally branch. Only the account number changes from customer to customer.
What is the phone number of Karnataka Grameena Bank Devareddy Hally branch?
You can reach the branch at 8190-210400 during regular banking hours.
Does Karnataka Grameena Bank Devareddy Hally branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 8190-210400 to confirm.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Devareddy Hally branch but serve different purposes.
Is IFSC PKGB0010939 valid for NEFT and RTGS?
Yes. IFSC PKGB0010939 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using PKGB0010939 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Karnataka Grameena Bank – Devareddy Hally reflect within 30 minutes.
Final notes
To recap: PKGB0010939 is the IFSC code of Karnataka Grameena Bank, DEVAREDDY HALLY branch, in CHALLAKERE, KARNATAKA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
