IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in GOA - GOA SOUTH - MARGOA - MARGAO GOA

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


IFSC Code

KARB0000490

MICR Code

403052004

Branch

MARGAO GOA

Contact

2730979

Address

MABAI HOTEL BUILDINGOPP.MUNCIPAL GARDENGEORGE BARETTO SQUAREMARGAOGOA PIN - 403601

City

MARGOA

District

GOA SOUTH

State

GOA





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

KARB0000490

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.