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 Gopalpura Dharwad branch in Dharwad, Gopalpura, 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 Dharwad or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KARB0000258. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Karnataka Bank Limited, Gopalpura Dharwad, Dharwad

Here are the key points that are associated with the IFSC Code KARB0000258 of Karnataka Bank Limited for its branch located in Dharwad, within the district of Gopalpura in the state of Karnataka.

Particulars Details
Bank Karnataka Bank Limited
IFSC Code KARB0000258
Branch Gopalpura Dharwad
City Dharwad
District Gopalpura
State Karnataka
Address Shri Durgaparameshwari Plaza,Cts No.94/1A/2A2,Station Road,Malamaddi,Dharwad, Pin - 580007

These details are crucial, not just for online banking users but also for businesses and individuals who use Karnataka Bank Limited in Dharwad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KARB0000258 for the Gopalpura Dharwad 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Karnataka Bank Limited located in Gopalpura Dharwad, Dharwad, Karnataka, are allotted a unique IFSC like KARB0000258 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Dharwad.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Dharwad and Gopalpura.
  • 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 Gopalpura Dharwad reaches the right place, even though there are thousands of branches in Karnataka and across India.

Format of the IFSC Code KARB0000258

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 Gopalpura Dharwad in Dharwad.

For example, the IFSC Code KARB0000258 of Karnataka Bank Limited for the Gopalpura Dharwad branch includes these elements, identifying the bank and the branch location in Dharwad and Karnataka accurately.

How to Find IFSC Code for Karnataka Bank Limited?

If you are trying to find the IFSC Code KARB0000258 of Karnataka Bank Limited for its Gopalpura Dharwad branch located in Dharwad, the following methods can help:

Cheque Book

The cheque books that are issued by Karnataka Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Karnataka Bank Limited branches in Dharwad and Gopalpura, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Karnataka Bank Limited and find the branch locator section. Search for Gopalpura Dharwad or Dharwad to get the exact IFSC Code KARB0000258.

Mobile Banking App

If you use Karnataka Bank Limited's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Karnataka Bank Limited and Dharwad that will provide accurate information.

How to Use IFSC Code KARB0000258 for Online Transfers?

Once you have the IFSC Code KARB0000258 for the Gopalpura Dharwad branch of Karnataka Bank Limited in Dharwad, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code KARB0000258. Transfers are processed in batches. This is suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Karnataka Bank Limited IFSC Code KARB0000258.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Karnataka Bank Limited Gopalpura Dharwad in Dharwad may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Karnataka Bank Limited in Gopalpura Dharwad, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Dharwad to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karnataka Bank Limited in Gopalpura Dharwad, Dharwad?

The IFSC Code is KARB0000258.

Is the IFSC Code KARB0000258 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Karnataka Bank Limited Gopalpura Dharwad?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Gopalpura Dharwad branch?

The address of the branch is Shri Durgaparameshwari Plaza,Cts No.94/1A/2A2,Station Road,Malamaddi,Dharwad, Pin - 580007 located in Dharwad, Gopalpura, Karnataka.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.