For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Karnataka Bank Limited for its Ukkadagathri Gp branch in Davangere, Harihara Taluk, Karnataka, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Karnataka Bank Limited located in Davangere or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KARB0000816. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Karnataka Bank Limited, Ukkadagathri Gp, Davangere
Below in the table are the key details related to IFSC Code KARB0000816 of Karnataka Bank Limited for its branch located in Davangere, within the district of Harihara Taluk in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Bank Limited |
| IFSC Code | KARB0000816 |
| Branch | Ukkadagathri Gp |
| City | Davangere |
| District | Harihara Taluk |
| State | Karnataka |
| Address | Shri Nandhi Nilaya Main Circle Near Karibasveshwara Temple Ukkadagathri Village & Gp 581119 |
These details helps users in online banking and for businesses and individuals who use Karnataka Bank Limited in Davangere for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KARB0000816 for the Ukkadagathri Gp branch of Karnataka Bank Limited plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Karnataka Bank Limited located in Ukkadagathri Gp, Davangere, Karnataka, are allotted a unique IFSC like KARB0000816 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Davangere.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Davangere and Harihara Taluk.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Karnataka Bank Limited in Ukkadagathri Gp reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code KARB0000816
The format of the IFSC Code for banks, including Karnataka Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Karnataka Bank Limited, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Ukkadagathri Gp in Davangere.
For example, the IFSC Code KARB0000816 of Karnataka Bank Limited for the Ukkadagathri Gp branch includes these elements, identifying the bank and the branch location in Davangere and Karnataka accurately.
How to Find IFSC Code for Karnataka Bank Limited?
If you are trying to find the IFSC Code KARB0000816 of Karnataka Bank Limited for its Ukkadagathri Gp branch located in Davangere, 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 Davangere and Harihara Taluk, 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 Ukkadagathri Gp or Davangere to get the exact IFSC Code KARB0000816.
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 Davangere, you'll get the correct details.
How to Use IFSC Code KARB0000816 for Online Transfers?
Once you have the IFSC Code KARB0000816 for the Ukkadagathri Gp branch of Karnataka Bank Limited in Davangere, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KARB0000816. 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 KARB0000816.
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 Ukkadagathri Gp in Davangere, 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 Ukkadagathri Gp, 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 Davangere manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is KARB0000816.
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 Shri Nandhi Nilaya Main Circle Near Karibasveshwara Temple Ukkadagathri Village & Gp 581119 located in Davangere, Harihara Taluk, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.