IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in CHANDIGARH - RAIPUR - RAIPUR - RAIPUR CHATTISGARH

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


IFSC Code

KARB0000659

MICR Code

492052002

Branch

RAIPUR CHATTISGARH

Contact

2880021

Address

PLOT NO.2TAANK BUSINESS TOWER JAIL ROADRAIPUR PIN - 492009

City

RAIPUR

District

RAIPUR

State

CHANDIGARH





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

KARB0000659

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.