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

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


IFSC Code

KARB0000718

MICR Code

403052005

Branch

SANGUEM GOA

Contact

2604257

Address

MORAJKAR'S BUILDINGBEHIND OUR LADY OF MIRACLES CHURCHGOA-SANGUEM PIN - 403704

City

SANGUEM

District

GOA SOUTH

State

GOA





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

KARB0000718

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.