IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in KARNATAKA - SHIMOGA - HEGGODU - HEGGODU

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


IFSC Code

KARB0000306

MICR Code

577052533

Branch

HEGGODU

Contact

265625

Address

P.O HONNESARAHEGGODUSAGAR TALUK PIN - 577417

City

HEGGODU

District

SHIMOGA

State

KARNATAKA





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

KARB0000306

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.