IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in KARNATAKA - KODAGU - CHEYANDANE - CHEYANDANE

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


IFSC Code

KARB0000132

MICR Code

571052525

Branch

CHEYANDANE

Contact

259034

Address

NARIANDADA VILLAGECHEYYANDANE PIN - 571212

City

CHEYANDANE

District

KODAGU

State

KARNATAKA





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

KARB0000132

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.