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

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


IFSC Code

KARB0000720

MICR Code

415052001

Branch

SATARA

Contact

221585

Address

531/A/1AYASHODHAN COMPLEXOPP.Y C SCIENCE COLLEGEKOLHAPUR ROADSADAR BAZARSATARA PIN - 415001

City

SATARA

District

SATARA

State

MAHARASHTRA





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

KARB0000720

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.