IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in ANDHRA PRADESH - VISAKAPATNAM - VISAKAPATNAM - CBM COMPOUND VISHAKAPATNAM

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


IFSC Code

KARB0000796

MICR Code

530052002

Branch

CBM COMPOUND VISHAKAPATNAM

Contact

2575073

Address

9-1-221/ACBM COMPOUNDNEAR RAMA TALKIES JUNCTIONMADDILAPALEM ROADVISAKAPATNAM PIN - 530003

City

VISAKAPATNAM

District

VISAKAPATNAM

State

ANDHRA PRADESH





What is IFSC Code of KARNATAKA BANK LIMITED situated at CBM COMPOUND VISHAKAPATNAM- RTGS-HO?
IFSC Code of KARNATAKA BANK LIMITED situated at CBM COMPOUND VISHAKAPATNAM - RTGS-HO is

KARB0000796

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.