Karnataka Bank, NYAMATHI

Here is the IFSC & MICR Codes of Karnataka Bank, NYAMATHI, NYAMATHI, KARNATAKA. Also get the latest address, contact number of Karnataka Bank, NYAMATHI.

IFSC Code: KARB0000534
Branch: NYAMATHI
Address: IST FLOOR,LINGESHWARA COMPLEX,MAHANTESH ROAD,NYAMATHI, PIN - 577223
Bank Code: KARB
MICR: 577052547

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Frequently asked questions

What's the IFSC Code of NYAMATHI, Karnataka Bank?: The IFSC Code of NYAMATHI, Karnataka Bank is KARB0000534.
What's the Address of NYAMATHI, Karnataka Bank?: The Address of NYAMATHI, Karnataka Bank is IST FLOOR,LINGESHWARA COMPLEX,MAHANTESH ROAD,NYAMATHI, PIN - 577223.
What's the MICR Code of NYAMATHI, Karnataka Bank?: The MICR Code of NYAMATHI, Karnataka Bank is 577052547.
What's the District NYAMATHI, Karnataka Bank falls under?: The District NYAMATHI, Karnataka Bank falls under is DAVANGERE.

Definition

What is IFSC Code

IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.

The IFSC code is used to facilitate electronic money transfers between banks in India. It is used to identify the sender and receiver bank branches, ensuring that the money is credited to the correct account. The IFSC code is made up of three parts:

The first four characters represent the bank code, identifying the bank that the branch belongs to.
The fifth character is always a zero, reserved for future use.
The last six characters represent the branch code, identifying the specific branch of the bank.

For example, the IFSC code for the State Bank of India's Mumbai Fort branch is SBIN0000300. In this code, "SBIN" is the bank code for State Bank of India, "0" is a reserved character, and "000300" is the branch code for the Mumbai Fort branch.

IFSC codes are used in many types of electronic transactions, including NEFT, RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).