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

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


IFSC Code

KARB0000540

MICR Code

572052527

Branch

NELEKERE

Contact

262709

Address

MATHA RESIDENCY COMPLEXB.H.ROADKIBBANAHALLYCROSSKIBBANAHALLY POST PIN - 572214

City

NELEKERE

District

TUMKUR

State

KARNATAKA





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

KARB0000540

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.