IFSC Code of Karnataka Grameena Bank, Muthugadur Branch, Karnataka

Below are the complete branch details for Karnataka Grameena Bank, MUTHUGADUR branch, located in HOLALKERE, KARNATAKA. The IFSC assigned by the Reserve Bank of India to this branch is PKGB0010761. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case PKGB0010761 for Karnataka Grameena Bank – MUTHUGADUR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

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, PKGB0010761 is the IFSC of Karnataka Grameena Bank's MUTHUGADUR branch. The format is fixed: PKGB = bank code, 0 = reserved, 010761 = branch identifier.

About the bank

Karnataka Grameena Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Muthugadur branch in Holalkere, Karnataka is part of this network and uses the IFSC code PKGB0010761 for all electronic settlement.

Branch details at a glance

Muthugadur branch overview

Located at THE MANAGER,KARNATAKA GRAMEENA BANK,MUTHUGADUR BRANCH,HOLALKERE TALUK,CHITRADURGA DISTRICT,PIN577 518, the Muthugadur branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC PKGB0010761 is required for all interbank electronic transfers routed through this branch.

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 MUTHUGADUR branch came to be assigned the code PKGB0010761.

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 PKGB0010761, money simply cannot be routed to the MUTHUGADUR branch electronically.

Products and account variants supported

Every account opened at the Muthugadur branch is mapped to IFSC PKGB0010761 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 PKGB0010761.

Banking services available

The Muthugadur branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 8191-284222.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC PKGB0010761

How to transfer money using IFSC PKGB0010761

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 PKGB0010761 across all three.

NEFT to Karnataka Grameena Bank, MUTHUGADUR using IFSC PKGB0010761

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 PKGB0010761, and confirm that the system picks up Karnataka Grameena Bank – MUTHUGADUR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to MUTHUGADUR

If you need to transfer ₹2 lakh or more in one go to an account at Karnataka Grameena Bank's MUTHUGADUR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PKGB0010761 while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to Karnataka Grameena Bank – MUTHUGADUR, use IMPS. With IFSC PKGB0010761 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC PKGB0010761 for Karnataka Grameena Bank – MUTHUGADUR, 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.

For most retail customers crediting the Muthugadur 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.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Karnataka Grameena Bank's MUTHUGADUR branch, the IFSC PKGB0010761 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Online banking and IFSC PKGB0010761

Karnataka Grameena Bank customers can register for net banking and the bank's official mobile app once their account at the MUTHUGADUR branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC PKGB0010761 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by Karnataka Grameena Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC PKGB0010761 and the account number together uniquely identify the Muthugadur branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Karnataka Grameena Bank – MUTHUGADUR:

• The IFSC is exactly PKGB0010761 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Karnataka Grameena Bank as the bank name and MUTHUGADUR as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

How to reach the Muthugadur branch

The branch is located at THE MANAGER,KARNATAKA GRAMEENA BANK,MUTHUGADUR BRANCH,HOLALKERE TALUK,CHITRADURGA DISTRICT,PIN577 518, which puts it inside Holalkere, the broader Chitradurga district, and the state of Karnataka. To plan your visit:

1. Open Google Maps on your phone and search for “Karnataka Grameena Bank Muthugadur branch” — the verified location pin for IFSC PKGB0010761 should appear at the top of the results.
2. Confirm the branch is open by calling 8191-284222 before stepping out, especially around public holidays.
3. 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 PKGB0010761 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC PKGB0010761 for Karnataka Grameena Bank – MUTHUGADUR, 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 Muthugadur 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 PKGB0010761 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code PKGB0010761 belongs to Karnataka Grameena Bank's MUTHUGADUR branch, located at THE MANAGER,KARNATAKA GRAMEENA BANK,MUTHUGADUR BRANCH,HOLALKERE… in HOLALKERE, KARNATAKA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.