IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in TAMIL NADU - VELLORE - VELLORE - VELLORE

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


IFSC Code

KARB0000806

MICR Code

632052002

Branch

VELLORE

Contact

2255132

Address

PLOT NO.A-ISUNDARAM COMPLEX PHASE - II TNHBNEAR COLLECTOR OFFICE SATHUVACHARIVELLORE PIN - 632009

City

VELLORE

District

VELLORE

State

TAMIL NADU





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

KARB0000806

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.