IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in MAHARASHTRA - MUMBAI - MUMBAI - THAKUR VILLAGE MUMBAI

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


IFSC Code

KARB0000516

MICR Code

400052017

Branch

THAKUR VILLAGE MUMBAI

Contact

28464597

Address

SHOP NO 34-39EMP-52EVERSHINE MILLENIUM PARADISETHAKUR VILLAGEKANDIVLI(E) MUMBAI PIN - 400101

City

MUMBAI

District

MUMBAI

State

MAHARASHTRA





What is IFSC Code of KARNATAKA BANK LIMITED situated at THAKUR VILLAGE MUMBAI- RTGS-HO?
IFSC Code of KARNATAKA BANK LIMITED situated at THAKUR VILLAGE MUMBAI - RTGS-HO is

KARB0000516

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.