IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in KARNATAKA - DAKSHINA KANNADA - AIKALA - AIKALA

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


IFSC Code

KARB0000012

MICR Code

575052022

Branch

AIKALA

Contact

2295118

Address

RAMAKRISHNA NILAYAPOST KINNIGOLIAIKALA PIN - 574150

City

AIKALA

District

DAKSHINA KANNADA

State

KARNATAKA





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

KARB0000012

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.