IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in KARNATAKA - KOLAR - YENIGADALE - YENIGADALE

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


IFSC Code

KARB0000851

MICR Code

563052521

Branch

YENIGADALE

Contact

256043

Address

GROUNDFLOORCHINTAMANI CHELUR ROADYENIGADALE PIN - 563156

City

YENIGADALE

District

KOLAR

State

KARNATAKA





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

KARB0000851

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.