IFSCIndex

Karnataka Gramin Bank Vijayanagara Fourth Stage Second Phase IFSC Code

Karnataka Gramin Bank Logo

Karnataka Gramin Bank

PKGB0012534

IFSC · Used for NEFT, IMPS & RTGS

570697052

MICR · Used for Cheque Clearance

Branch

Vijayanagara Fourth Stage Second Phase

Address

10066, Kp Arcade, 80feet Road, Viayanagara 4th Stage, Ii Phase, Mysuru - 570022

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District

Mysuru

State

Karnataka

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Frequently Asked Questions

About Karnataka Gramin Bank Vijayanagara Fourth Stage Second Phase (arcade 80feet Road Viayanaga - 2534), Mysuru

The IFSC code PKGB0012534 (lowercase: pkgb0012534) belongs to Karnataka Gramin Bank, specifically the Vijayanagara Fourth Stage Second Phase (arcade 80feet Road Viayanaga - 2534) branch located in Mysuru, Karnataka.

The 5th character in the IFSC code PKGB0012534 is a zero (0), not the letter 'O'. The correct format is PKGB0012534 (lowercase: pkgb0012534), and not PKGBO012534. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.

The IFSC code of Karnataka Gramin Bank Vijayanagara Fourth Stage Second Phase (arcade 80feet Road Viayanaga - 2534) in Mysuru, Karnataka is PKGB0012534. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.

Karnataka Gramin Bank Vijayanagara Fourth Stage Second Phase (arcade 80feet Road Viayanaga - 2534) is located at 10066, Kp Arcade, 80feet Road, Viayanagara 4th Stage, Ii Phase, Mysuru - 570022, Mysuru, Karnataka. You can click the "View on Google Maps" button on this page to get directions.

The MICR (Magnetic Ink Character Recognition) code of Karnataka Gramin Bank Vijayanagara Fourth Stage Second Phase (arcade 80feet Road Viayanaga - 2534) is 570697052. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.

Yes. IFSC code PKGB0012534 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.

You can verify IFSC code PKGB0012534 by checking: (1) The top-left corner of any Karnataka Gramin Bank Vijayanagara Fourth Stage Second Phase (arcade 80feet Road Viayanaga - 2534) cheque leaf, (2) The first page of your Karnataka Gramin Bank passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.

Understanding IFSC Code: PKGB0012534

Decoded structure — 4 + 1 + 6 characters

Visual Breakdown

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PKGB
Bank Codechars 1–4
0Reservedchar 5
012534
Branch Codechars 6–11

PKGB0012534

What Each Part Means

Bank Code — PKGB
The first 4 characters uniquely identify Karnataka Gramin Bank at the national level. Every branch of Karnataka Gramin Bank across all states shares this same prefix. It is assigned by the RBI and never changes.
Reserved — 0
The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
Branch Code — 012534
The final 6 characters 012534 uniquely identify this specific branch within the Karnataka Gramin Bank network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
Quick reference for IFSC code PKGB0012534
SegmentCharsValuePurpose
Bank Code1–4PKGBIdentifies Karnataka Gramin Bank
Reserved50RBI reserved (always 0)
Branch Code6–11012534Unique to this branch

Where to Find IFSC & MICR on Your Cheque

Interactive cheque leaf mockup — highlighted fields show live values from this branch

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IFSC vs MICR — Functional Comparison

Two different codes, two different banking systems

FeatureIFSC CodeMICR Code
Full FormIndian Financial System CodeMagnetic Ink Character Recognition
Length & Format11 characters — alphanumeric9 digits — numeric only
This BranchPKGB0012534570697052
Primary UseElectronic fund transfers: NEFT, RTGS, IMPS, UPIPhysical cheque clearing at clearing houses
MediumDigital / online — no physical document neededPrinted in magnetic ink on cheque leaf bottom band
Processing SpeedReal-time (IMPS/UPI) or 30-min batches (NEFT)T+1 or T+2 clearing cycle via RBI clearing houses
Where to Find ItCheque leaf (top area), passbook first page, net bankingBottom band of cheque leaf (the printed magnetic strip)
Assigned ByRBI — permanent unless branch is relocated/mergedRBI — encodes city (3) + bank (3) + branch (3) digits
Required ForAdding a payee / beneficiary for online transferCheque book issuance and clearing house processing

Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.

Disclaimer: All IFSC code and branch address data is sourced directly from the Reserve Bank of India (RBI) master registry. While we apply formatting to improve readability, IFSC Code World is not responsible for geographical discrepancies or inaccuracies originating from the central database. Please verify critical routing information with your home branch before initiating large transfers.