IFSC Code of Karnataka Grameena Bank, Sagar-Gandhinagar Branch, Karnataka

If you are searching for the IFSC code of Karnataka Grameena Bank, SAGAR-GANDHINAGAR branch in SHIMOGA, KARNATAKA, this page has every detail you need. The verified IFSC code for this branch is PKGB0010995. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the SAGAR-GANDHINAGAR branch, and detailed step-by-step guides for using the IFSC PKGB0010995 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

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, PKGB0010995 is the IFSC of Karnataka Grameena Bank's SAGAR-GANDHINAGAR branch. The format is fixed: PKGB = bank code, 0 = reserved, 010995 = branch identifier.

Branch details at a glance

Bank profile

Karnataka Grameena Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Sagar-Gandhinagar branch — IFSC PKGB0010995 — extends the bank's services to customers in and around Shimoga, Karnataka.

Sagar-Gandhinagar branch overview

Located at SAGAR-GANDHINAGAR,SHIMOGA, the Sagar-Gandhinagar branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC PKGB0010995 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 SAGAR-GANDHINAGAR branch came to be assigned the code PKGB0010995.

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 PKGB0010995, money simply cannot be routed to the SAGAR-GANDHINAGAR branch electronically.

How to transfer money using IFSC PKGB0010995

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 PKGB0010995 across all three.

How to use IFSC PKGB0010995 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Karnataka Grameena Bank's SAGAR-GANDHINAGAR branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC PKGB0010995.
4. Confirm the bank name auto-populates as Karnataka Grameena Bank and the branch as SAGAR-GANDHINAGAR.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to SAGAR-GANDHINAGAR

If you need to transfer ₹2 lakh or more in one go to an account at Karnataka Grameena Bank's SAGAR-GANDHINAGAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PKGB0010995 while initiating the transfer and the credit will appear within minutes.

IMPS to Karnataka Grameena Bank SAGAR-GANDHINAGAR (IFSC PKGB0010995)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC PKGB0010995 in your mobile or internet banking app, and the money is credited to the SAGAR-GANDHINAGAR branch account within seconds.

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

All three modes accept the IFSC PKGB0010995 for Karnataka Grameena Bank – SAGAR-GANDHINAGAR, 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 Sagar-Gandhinagar 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 PKGB0010995

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 – SAGAR-GANDHINAGAR is still mapped to IFSC PKGB0010995. 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 PKGB0010995 and the beneficiary's account number to complete the transfer.

Account types you can open at the Sagar-Gandhinagar branch

Once you have an account at Karnataka Grameena Bank – SAGAR-GANDHINAGAR, the IFSC PKGB0010995 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Products and services

Customers walking into the Sagar-Gandhinagar 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 PKGB0010995

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 PKGB0010995 and the account number together uniquely identify the Sagar-Gandhinagar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC PKGB0010995

Karnataka Grameena Bank customers can register for net banking and the bank's official mobile app once their account at the SAGAR-GANDHINAGAR 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 PKGB0010995 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.

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 – SAGAR-GANDHINAGAR:

• The IFSC is exactly PKGB0010995 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 SAGAR-GANDHINAGAR 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 Sagar-Gandhinagar branch

The branch is located at SAGAR-GANDHINAGAR,SHIMOGA, which puts it inside Shimoga, the broader Shimoga district, and the state of Karnataka. To plan your visit:

1. Open Google Maps on your phone and search for “Karnataka Grameena Bank Sagar-Gandhinagar branch” — the verified location pin for IFSC PKGB0010995 should appear at the top of the results.
2. Confirm the branch is open by calling 8483-279904 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 PKGB0010995 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC PKGB0010995 for Karnataka Grameena Bank – SAGAR-GANDHINAGAR, 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 Sagar-Gandhinagar 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 PKGB0010995 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code PKGB0010995 belongs to Karnataka Grameena Bank's SAGAR-GANDHINAGAR branch, located at SAGAR-GANDHINAGAR,SHIMOGA in SHIMOGA, 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.