There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Karnataka Bank Limited for its Bhubaneshwar Orissa branch in Bangalore, Bangalore, Odisha, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Karnataka Bank Limited situated in Bangalore or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code KARB0000108. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Karnataka Bank Limited, Bhubaneshwar Orissa, Bangalore
Below in the table are the key details related to IFSC Code KARB0000108 of Karnataka Bank Limited for its branch located in Bangalore, within the district of Bangalore in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Karnataka Bank Limited |
| IFSC Code | KARB0000108 |
| Branch | Bhubaneshwar Orissa |
| City | Bangalore |
| District | Bangalore |
| State | Odisha |
| Address | B-63,Savithri Towers,Ist Floor,Rupali Square,Janapath Road,Saheed Nagar,Bhubaneswar, Pin - 751007 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Karnataka Bank Limited in Bangalore for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KARB0000108 for the Bhubaneshwar Orissa branch of Karnataka Bank Limited has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Karnataka Bank Limited located in Bhubaneshwar Orissa, Bangalore, Odisha, is provided a unique IFSC like KARB0000108 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Karnataka Bank Limited branch in Bangalore.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Bangalore and Bangalore.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Odisha and the rest of India, the IFSC Code ensures that transactions meant for Karnataka Bank Limited in Bhubaneshwar Orissa do not get misguided to another person.
Format of the IFSC Code KARB0000108
This is the format of the IFSC Code for banks, including Karnataka Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Karnataka Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Bhubaneshwar Orissa in Bangalore.
For example, the IFSC Code KARB0000108 of Karnataka Bank Limited for the Bhubaneshwar Orissa branch includes these elements, identifying the bank and the branch location in Bangalore and Odisha accurately.
How to Find IFSC Code for Karnataka Bank Limited?
If you are trying to find the IFSC Code KARB0000108 of Karnataka Bank Limited for its Bhubaneshwar Orissa branch located in Bangalore, the following methods can help:
Cheque Book
The cheque book issued by Karnataka Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Karnataka Bank Limited branches in Bangalore and Bangalore, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Karnataka Bank Limited and navigate to the branch locator section. Search for Bhubaneshwar Orissa or Bangalore to get the exact IFSC Code KARB0000108.
Mobile Banking App
If you use Karnataka Bank Limited's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Karnataka Bank Limited and Bangalore, you'll get the correct details.
How to Use IFSC Code KARB0000108 for Online Transfers?
Once you have the IFSC Code KARB0000108 for the Bhubaneshwar Orissa branch of Karnataka Bank Limited in Bangalore, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KARB0000108. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Karnataka Bank Limited IFSC Code KARB0000108.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Karnataka Bank Limited Bhubaneshwar Orissa in Bangalore, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Karnataka Bank Limited in Bhubaneshwar Orissa, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Karnataka Bank Limited website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Bangalore manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is KARB0000108.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is B-63,Savithri Towers,Ist Floor,Rupali Square,Janapath Road,Saheed Nagar,Bhubaneswar, Pin - 751007 located in Bangalore, Bangalore, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.