IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in ANDHRA PRADESH - HYDERABAD - HYDERABAD - BANJARA HILLS HYDERABAD

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


IFSC Code

KARB0000329

MICR Code

500052004

Branch

BANJARA HILLS HYDERABAD

Contact

23741627

Address

PLOT NO 50SRINAGAR COLONYBANJARA HILLSHYDERABAD PIN - 500073

City

HYDERABAD

District

HYDERABAD

State

ANDHRA PRADESH





What is IFSC Code of KARNATAKA BANK LIMITED situated at BANJARA HILLS HYDERABAD- RTGS-HO?
IFSC Code of KARNATAKA BANK LIMITED situated at BANJARA HILLS HYDERABAD - RTGS-HO is

KARB0000329

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.