IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in KARNATAKA - MYSURU - MYSURU - SANKRANTI CIRCLE

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


IFSC Code

KARB0000622

MICR Code

570052016

Branch

SANKRANTI CIRCLE

Contact

0

Address

GROUND FLOORSITE NO.109/1&140/1 DEVARAJA MOHALLA SANKRANTHI CIRCLE 2ND STAGE HEBBALMYSURU

City

MYSURU

District

MYSURU

State

KARNATAKA





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

KARB0000622

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.