IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in MAHARASHTRA - NANDED - NANDED - NANDED

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


IFSC Code

KARB0000579

MICR Code

431052102

Branch

NANDED

Contact

9769914766

Address

GROUND FLOOR PLOT NO 3 HOUSE NO 1 9 1221 SHRINAGAR ROAD SHRINAGAR NANDED 431602

City

NANDED

District

NANDED

State

MAHARASHTRA





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

KARB0000579

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.