IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in KARNATAKA - BAGALKOT - MUDHOL - MUDHOL

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


IFSC Code

KARB0000528

MICR Code

587052502

Branch

MUDHOL

Contact

280290

Address

GROUND FLOOR RANNA CIRCLE LOKAPUR ROAD MUDHOL - 587313.

City

MUDHOL

District

BAGALKOT

State

KARNATAKA





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

KARB0000528

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.