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

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


IFSC Code

KARB0000951

MICR Code

573052518

Branch

BANAVARA

Contact

9480842382

Address

65 93 BANASHANKARI BADAVANE B H ROAD BANAVARA 573112 ARASIKERE TQ

City

BANAVARA

District

HASSAN

State

KARNATAKA





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

KARB0000951

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.