IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in PUNJAB - AMRITSAR - PUNJAB - AMRITSAR

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


IFSC Code

KARB0000027

MICR Code

143052002

Branch

AMRITSAR

Contact

2228597

Address

37AR K BUILDINGTHE MALL ROADNEAR NOVELTY CHOWK AMRITSAR PIN - 143001

City

PUNJAB

District

AMRITSAR

State

PUNJAB





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

KARB0000027

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.