IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in KARNATAKA - BELGAUM - BAILHONGAL - BAILHONGAL

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


IFSC Code

KARB0000924

MICR Code

590052006

Branch

BAILHONGAL

Contact

233266

Address

MOTIBAG INDUSTRIES PVT LTD COMPOUND OZONE COMPLEX BELGAUM ROAD BAILHONGAL - 591102

City

BAILHONGAL

District

BELGAUM

State

KARNATAKA





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

KARB0000924

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.