IFSC Code of Karnataka Grameena Bank, Shankar Mutt Circle Shimoga Branch, Karnataka

If you are searching for the IFSC code of Karnataka Grameena Bank, SHANKAR MUTT CIRCLE SHIMOGA branch in SHIVAMOGGA, KARNATAKA, this page has every detail you need. The verified IFSC code for this branch is PKGB0010925. 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 SHANKAR MUTT CIRCLE SHIMOGA branch, and detailed step-by-step guides for using the IFSC PKGB0010925 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, PKGB0010925 is the IFSC of Karnataka Grameena Bank's SHANKAR MUTT CIRCLE SHIMOGA branch. The format is fixed: PKGB = bank code, 0 = reserved, 010925 = 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 Shankar Mutt Circle Shimoga branch in Shivamogga, Karnataka is part of this network and uses the IFSC code PKGB0010925 for all electronic settlement.

Branch details at a glance

About this branch

The branch is located at THE MANAGER, KARNATAKA GRAMEENA BANK,NEAR HOLE STOP,B H ROAD, SHANKARMUTT CIRCLE BRANCH,SHIVAMOGGA TOWN, PIN - 577 201,. It serves the Shivamogga region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Karnataka Grameena Bank. The IFSC PKGB0010925 is used to identify this branch on the RBI payments network.

Why every Karnataka Grameena Bank branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including SHANKAR MUTT CIRCLE SHIMOGA of Karnataka Grameena Bank — its own 11-character IFSC. The code PKGB0010925 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC PKGB0010925 the same way you would treat your account number — verify it once and save it carefully for future use.

Account types you can open at the Shankar Mutt Circle Shimoga branch

Once you have an account at Karnataka Grameena Bank – SHANKAR MUTT CIRCLE SHIMOGA, the IFSC PKGB0010925 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.

Banking services available

The Shankar Mutt Circle Shimoga branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 8182-220866.

• 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 PKGB0010925

How to transfer money using IFSC PKGB0010925

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 PKGB0010925 across all three.

How to use IFSC PKGB0010925 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Karnataka Grameena Bank's SHANKAR MUTT CIRCLE SHIMOGA 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 PKGB0010925.
4. Confirm the bank name auto-populates as Karnataka Grameena Bank and the branch as SHANKAR MUTT CIRCLE SHIMOGA.
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 SHANKAR MUTT CIRCLE SHIMOGA

If you need to transfer ₹2 lakh or more in one go to an account at Karnataka Grameena Bank's SHANKAR MUTT CIRCLE SHIMOGA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC PKGB0010925 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 – SHANKAR MUTT CIRCLE SHIMOGA, use IMPS. With IFSC PKGB0010925 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

Comparing NEFT, RTGS and IMPS for transfers to Shankar Mutt Circle Shimoga

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC PKGB0010925:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at SHANKAR MUTT CIRCLE SHIMOGA is still linked to IFSC PKGB0010925.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

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 SHANKAR MUTT CIRCLE SHIMOGA branch, the IFSC PKGB0010925 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.

Digital banking channels

Most day-to-day work that customers used to do at the Shankar Mutt Circle Shimoga 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 PKGB0010925 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.

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 PKGB0010925 and the account number together uniquely identify the Shankar Mutt Circle Shimoga 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 – SHANKAR MUTT CIRCLE SHIMOGA:

• The IFSC is exactly PKGB0010925 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 SHANKAR MUTT CIRCLE SHIMOGA 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.

Reaching the branch

The Shankar Mutt Circle Shimoga branch sits at THE MANAGER, KARNATAKA GRAMEENA BANK,NEAR HOLE STOP,B H ROAD, SHANKARMUTT CIRCLE BRANCH,SHIVAMOGGA TOWN, PIN - 577 201,. If you are travelling from outside Shivamogga, search for the branch on a maps application using the bank name and locality, or call 8182-220866 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC PKGB0010925 and your account number.

Verifying IFSC PKGB0010925 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm PKGB0010925 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 8182-220866.
• Visiting the bank's official branch locator page.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Shankar Mutt Circle Shimoga branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC PKGB0010925, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code PKGB0010925 belongs to Karnataka Grameena Bank's SHANKAR MUTT CIRCLE SHIMOGA branch, located at THE MANAGER, KARNATAKA GRAMEENA BANK,NEAR HOLE STOP,B H ROAD, SHANKARMUTT… in SHIVAMOGGA, 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.