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

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


IFSC Code

KARB0000146

MICR Code

160052001

Branch

CHANDIGARH PUNJAB

Contact

2712219

Address

SCO NO 2917-18SECTOR 22-CCHANDIGARH PIN - 160022

City

CHANDIGARH

District

CHANDIGARH

State

PUNJAB





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

KARB0000146

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.