The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Karnataka Bank Limited for its Hassan Vidyanagar branch in Hassan, Hassan, Karnataka, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Karnataka Bank Limited located in Hassan or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KARB0000296. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Karnataka Bank Limited, Hassan Vidyanagar, Hassan
Below in the table are the key details related to IFSC Code KARB0000296 of Karnataka Bank Limited for its branch located in Hassan, within the district of Hassan in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Bank Limited |
| IFSC Code | KARB0000296 |
| Branch | Hassan Vidyanagar |
| City | Hassan |
| District | Hassan |
| State | Karnataka |
| Address | Ground Floor,Ring Road,Beluru-Bengaluru Road,Vidyanagar,Hassan |
These details help users in online banking and for businesses and individuals who use Karnataka Bank Limited in Hassan for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KARB0000296 for the Hassan Vidyanagar branch of Karnataka Bank Limited has a very 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, including Karnataka Bank Limited located in Hassan Vidyanagar, Hassan, Karnataka, is provided with a unique IFSC like KARB0000296 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Karnataka Bank Limited branch in Hassan.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Hassan and Hassan.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Karnataka Bank Limited in Hassan Vidyanagar do not get mixed with another location.
Format of the IFSC Code KARB0000296
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 Hassan Vidyanagar in Hassan.
For example, the IFSC Code KARB0000296 of Karnataka Bank Limited for the Hassan Vidyanagar branch includes these elements, identifying the bank and the branch location in Hassan and Karnataka accurately.
How to Find IFSC Code for Karnataka Bank Limited?
To find the IFSC Code KARB0000296 of Karnataka Bank Limited for its Hassan Vidyanagar branch located in Hassan, the following methods can help you out:
Cheque Book
The cheque book issued by Karnataka Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Karnataka Bank Limited branches in Hassan and Hassan, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Karnataka Bank Limited and go to the branch locator section. Then search for Hassan Vidyanagar or Hassan to find the exact IFSC Code KARB0000296.
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 maintains an updated database of all IFSC codes. Searching for Karnataka Bank Limited and Hassan will provide accurate information.
How to Use IFSC Code KARB0000296 for Online Transfers?
Once you have the IFSC Code KARB0000296 for the Hassan Vidyanagar branch of Karnataka Bank Limited in Hassan, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KARB0000296. The transfer is completed in batches instead of instantly. It is useful for both 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 KARB0000296.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Karnataka Bank Limited Hassan Vidyanagar in Hassan, your payment can get delayed or might not go through at all.
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 Hassan Vidyanagar, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Hassan manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is KARB0000296.
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 Ground Floor,Ring Road,Beluru-Bengaluru Road,Vidyanagar,Hassan located in Hassan, Hassan, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.