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 Kesagodu G P branch in Hassan, Kesagodu, Karnataka, 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 Hassan or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code KARB0000588. 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, Kesagodu G P, Hassan

Here are the main details that are associated with the IFSC Code KARB0000588 of Karnataka Bank Limited for its branch located in Hassan, within the district of Kesagodu in the state of Karnataka.

Particulars Details
Bank Karnataka Bank Limited
IFSC Code KARB0000588
Branch Kesagodu G P
City Hassan
District Kesagodu
State Karnataka
Address Kh No 85 & 85 1, Ground Floor, Main Road, Kesagodu Village & G P, 573215, Belur Taluk, Hassan

These details are important not only for users using online banking but also for businesses and individuals who use Karnataka Bank Limited in Hassan for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code KARB0000588 for the Kesagodu G P branch of Karnataka Bank Limited is vital.

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 Kesagodu G P, Hassan, Karnataka, is provided with a unique IFSC like KARB0000588 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 Kesagodu.
  • 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 Kesagodu G P do not get mixed with another location.

Format of the IFSC Code KARB0000588

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 Kesagodu G P in Hassan.

For example, the IFSC Code KARB0000588 of Karnataka Bank Limited for the Kesagodu G P 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?

If you are trying to find the IFSC Code KARB0000588 of Karnataka Bank Limited for its Kesagodu G P branch located in Hassan, 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

You can easily find the IFSC and MICR codes because most banks, including Karnataka Bank Limited branches in Hassan and Kesagodu, print them 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 Kesagodu G P or Hassan to get the exact IFSC Code KARB0000588.

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 Hassan, you'll get the correct details.

How to Use IFSC Code KARB0000588 for Online Transfers?

Once you have the IFSC Code KARB0000588 for the Kesagodu G P branch of Karnataka Bank Limited in Hassan, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code KARB0000588. 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 KARB0000588.

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 Kesagodu G P in Hassan, 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 Kesagodu G P, 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 Hassan manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karnataka Bank Limited in Kesagodu G P, Hassan?

The IFSC Code is KARB0000588.

Is the IFSC Code KARB0000588 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 Kesagodu G P?

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 Kesagodu G P branch?

The address of the branch is Kh No 85 & 85 1, Ground Floor, Main Road, Kesagodu Village & G P, 573215, Belur Taluk, Hassan located in Hassan, Kesagodu, 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.