Karnataka Bank IFSC and MICR Code

Karnataka Bank Limited was built up in 1924 in Mangaluru in Karnataka. The bank developed in estimate after the amalgamation between Sringeri Sharada Bank Ltd., Bank of Karnataka and Chitradurga Bank Ltd. Karnataka Bank rendered proficient managing an account administrations combined with amazing client center for more than 9 decades to rise as a main 'A' class planned business bank. Crossing more than 21 states and 2 union regions, Karnataka has 702 branches and has turned out to be one of the finest money related foundation in the nation.

There are two principle sorts of electronic cash exchange that Karnataka Bank offers: National Electronic Financial Transfer (NEFT) and Real Time Gross Settlement (RTGS). Aside from these two modes, the bank additionally offers Western Union Money Transfer for universal exchanges. The IFSC code's 11 characters hold the distinguishing proof of the bank and in addition a specific branch. The principal sets of 4 characters specify to the bank name, the fifth character is zero (0) and the last set containing 6 characters recognize the branch of the bank. The fifth character is left as zero to be utilized later.

Karnataka Bank's IFSC and MICR Codes can be found on the check leaves of the check book of the bank. The codes of all its branches can be discovered online in various sites. RBI has a tab on its landing page that specifically takes you to a window where you are made a request to include the bank name starting from the drop menu and enter the branch name physically. It gives all of you the vital points of interest of the questioned bank office, including the IFSC and MICR codes, address and furthermore telephone number.

There are additionally some different sites, specifically indianbankifsccodes that give far reaching data on all banks that are a piece of the NEFT/RTGS organize. In the event that you visit the indianbankifsccodes site, you will discover a tab 'Bank IFSC Code'. Tapping on this tab will give you the IFSC and MICR codes of any branch of any bank. The site requires some essential data about the bank so as to answer your question. When you enter subtle elements like Bank name, State District and Branch Name, you can discover the IFSC, MICR codes of the particular bank office you are scanning for.

Indian Financial System Code is a code which is given by RBI as a one of a kind ID to each bank and all its branches. It is in an alpha-numeric organization and contains 11 characters. This code helps in the ID of the source and in addition the goal bank in an electronic store exchange process. It is critical to give the IFSC codes in a NEFT/RTGS exchange as without the code, neither of the procedures can occur.