IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in KARNATAKA - HASSAN - ARKALGUD - ARKALGUD

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


IFSC Code

KARB0000008

MICR Code

573052502

Branch

ARKALGUD

Contact

220226

Address

NO.1IST FLOORK ABDUL JABBAR BULIDINGHOLENARASIPUR ROAD ARKALGUD PIN 573102

City

ARKALGUD

District

HASSAN

State

KARNATAKA





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

KARB0000008

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.