KARB0000498 IFSC Code, KARNATAKA BANK, MATALA

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

KARNATAKA BANK, MATALA - KARB0000498

  • Bank name: KARNATAKA BANK

Bank Address: Main Market,dharmpet Matala, Pin - 585419

  • IFSC Code karb0000498
  • Bank Code KARB
  • Bank name KARNATAKA BANK
  • Bank contact number +918481257438
  • Bank branch MATALA
  • Bank ISO3166 Code IN-KA
  • Bank Center BIDAR
  • MICR Code 585052504
  • State name KARNATAKA
  • District name BIDAR
  • City name MATALA
  • 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, MATALA branch is KARB0000498, ensures that your transactions are directed to the correct branch.

How to Use KARB0000498 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 MATALA 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.