IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in KARNATAKA - YADGIR - CHAMNAL - CHAMNAL G P

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


IFSC Code

KARB0000173

MICR Code

585052510

Branch

CHAMNAL G P

Contact

7829746254

Address

D NO 195 GROUND FLOOR MAIN ROAD CHAMNAL VILLAGE & GRAMA PANCHAYAT 585309 SHAHAPUR TALUK

City

CHAMNAL

District

YADGIR

State

KARNATAKA





What is IFSC Code of KARNATAKA BANK LIMITED situated at CHAMNAL G P- RTGS-HO?
IFSC Code of KARNATAKA BANK LIMITED situated at CHAMNAL G P - RTGS-HO is

KARB0000173

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.