KARB0000314 IFSC Code, KARNATAKA BANK, HOSPET

IFSC Code of Karnataka Bank, Hospet, Karnataka IFSC CODE & MICR CODE

KARNATAKA BANK, HOSPET - KARB0000314

  • Bank name: KARNATAKA BANK

Bank Address: 241,bala Complex,station Road,hospet, Pin - 583201

  • IFSC Code karb0000314
  • Bank Code KARB
  • Bank name KARNATAKA BANK
  • Bank contact number +918394228602
  • Bank branch HOSPET
  • Bank ISO3166 Code IN-KA
  • Bank Center BELLARY
  • MICR Code 583052202
  • State name KARNATAKA
  • District name BELLARY
  • City name HOSPET
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for KARNATAKA BANK, HOSPET branch is KARB0000314, ensures that your transactions are directed to the correct branch.

How to Use KARB0000314 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the HOSPET branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.