IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in KARNATAKA - SOUTH COORG - GONIKOPPAL - GONIKOPPAL

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


IFSC Code

KARB0000260

MICR Code

571052527

Branch

GONIKOPPAL

Contact

247587

Address

FIRST FLOORRONICA COMPLEXMAIN ROADGONIKOPPAL PIN - 571213

City

GONIKOPPAL

District

SOUTH COORG

State

KARNATAKA





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

KARB0000260

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.