KARB0000316 IFSC Code, KARNATAKA BANK, NEW COTTON MARKET HUBLI

IFSC Code of Karnataka Bank, New Cotton Market Hubli, Karnataka IFSC CODE & MICR CODE

KARNATAKA BANK, NEW COTTON MARKET HUBLI - KARB0000316

  • Bank name: KARNATAKA BANK

Bank Address: First Floor,neeligin Road,new Cotton Market,hubli, Pin - 580029

  • IFSC Code karb0000316
  • Bank Code KARB
  • Bank name KARNATAKA BANK
  • Bank contact number +918362350117
  • Bank branch NEW COTTON MARKET HUBLI
  • Bank ISO3166 Code IN-KA
  • Bank Center HUBLI
  • MICR Code 580052003
  • State name KARNATAKA
  • District name HUBLI
  • City name HUBLI
  • 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, NEW COTTON MARKET HUBLI branch is KARB0000316, ensures that your transactions are directed to the correct branch.

How to Use KARB0000316 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 NEW COTTON MARKET HUBLI 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.