IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in ANDHRA PRADESH - KURNOOL - NANDYAL - NANDYALA AP

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


IFSC Code

KARB0000543

MICR Code

518052102

Branch

NANDYALA AP

Contact

245800

Address

D NO.2/398N K ROADSOWJANYA COMPLEXSRINIVAS NAGARNANDYAL PIN - 518501

City

NANDYAL

District

KURNOOL

State

ANDHRA PRADESH





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

KARB0000543

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.