IFSC Code, MICR Codes for KARNATAKA BANK LIMITED in UTTAR PRADESH - ALLAHABAD - ALLAHABAD - ALLAHABAD

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


IFSC Code

KARB0000029

MICR Code

211052002

Branch

ALLAHABAD

Contact

2427501

Address

GROUND FLOORNO.23M.G.MARGCIVIL LINESALLAHABAD PIN - 211001

City

ALLAHABAD

District

ALLAHABAD

State

UTTAR PRADESH





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

KARB0000029

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.