IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in KARNATAKA - TUMKUR - KORATAGERE - KORATAGERE

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


IFSC Code

KARB0000411

MICR Code

572052524

Branch

KORATAGERE

Contact

232595

Address

119MAIN ROADKORATAGERE PIN - 572129

City

KORATAGERE

District

TUMKUR

State

KARNATAKA





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

KARB0000411

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.