IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in MADHYA PRADESH - BANGALORE - BANGALORE - BHOPAL

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


IFSC Code

KARB0000127

MICR Code

462052002

Branch

BHOPAL

Contact

2576298

Address

GROUND FLOORSADANA TOWERS2AZONEIIM.P.NAGARBHOPAL PIN - 462011

City

BANGALORE

District

BANGALORE

State

MADHYA PRADESH





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

KARB0000127

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.