IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in ANDHRA PRADESH - EAST GODAVARI - KAKINADA - KAKINADA AP

KARNATAKA BANK LIMITED RTGS HO Branch in KAKINADA - Address, IFSC, MICR Code


IFSC Code

KARB0000429

MICR Code

533052002

Branch

KAKINADA AP

Contact

2340257

Address

D NO 34-1-13IST FLOORSRI KRISHNA KIRTHI COMPLEXTEMPLE STREETKAKINADA PIN - 533009

City

KAKINADA

District

EAST GODAVARI

State

ANDHRA PRADESH





What is IFSC Code of KARNATAKA BANK LIMITED situated at KAKINADA AP- RTGS-HO?
IFSC Code of KARNATAKA BANK LIMITED situated at KAKINADA AP - RTGS-HO is

KARB0000429

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.