IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in MAHARASHTRA - RAIGAD - MUMBAI - PANVEL

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


IFSC Code

KARB0000615

MICR Code

400052027

Branch

PANVEL

Contact

24762014

Address

GROUND FLOOR MTNL BUILDING NEAR SHIVAJI CHOWK PANVEL 410 206

City

MUMBAI

District

RAIGAD

State

MAHARASHTRA





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

KARB0000615

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.