IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in KARNATAKA - BANGALORE - BANGALORE - SARAKKI LAYOUT BANGALORE

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


IFSC Code

KARB0000098

MICR Code

560052024

Branch

SARAKKI LAYOUT BANGALORE

Contact

26596630

Address

4529TH CROSS2ND PHASESARAKKI LAYOUTJ.P.NAGARBANGALORE PIN - 560078

City

BANGALORE

District

BANGALORE

State

KARNATAKA





What is IFSC Code of KARNATAKA BANK LIMITED situated at SARAKKI LAYOUT BANGALORE- RTGS-HO?
IFSC Code of KARNATAKA BANK LIMITED situated at SARAKKI LAYOUT BANGALORE - RTGS-HO is

KARB0000098

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.