IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in ANDHRA PRADESH - KRISHNA - MACHILIPATNAM - MACHILIPATNAM

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


IFSC Code

KARB0000578

MICR Code

520052402

Branch

MACHILIPATNAM

Contact

9491915578

Address

OLD LIC ROADJAGANADAPURAM ROADRAJAVARI CENTREMACHILIPATNAM 521001

City

MACHILIPATNAM

District

KRISHNA

State

ANDHRA PRADESH





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

KARB0000578

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.