IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in GOA - GOA NORTH - PANJIM - PANJIM GOA

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


IFSC Code

KARB0000601

MICR Code

403052002

Branch

PANJIM GOA

Contact

2232346

Address

52/4C-11KARINA CHAMBERS M.G.ROADGOA-PANJIM(TISWADI TALUK) PIN - 403001

City

PANJIM

District

GOA NORTH

State

GOA





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

KARB0000601

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.