Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Karnataka Bank Limited for its Jevargi branch in Kalaburagi, Jevargi, or Karnataka, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Karnataka Bank Limited located in Kalaburagi or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KARB0000373. You should definitely 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, Jevargi, Kalaburagi
Here are some of the key details that come with the IFSC Code KARB0000373 of Karnataka Bank Limited for its branch located in Kalaburagi, within the district of Jevargi in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Bank Limited |
| IFSC Code | KARB0000373 |
| Branch | Jevargi |
| City | Kalaburagi |
| District | Jevargi |
| State | Karnataka |
| Address | Ground Floor, Plot No 4 & 5, Akhandeshwar Chowk, Vidyanagar Road, Jevargi 585310 |
These details help users in online banking and for businesses and individuals who use Karnataka Bank Limited in Kalaburagi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KARB0000373 for the Jevargi 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, along with Karnataka Bank Limited located in Jevargi, Kalaburagi, Karnataka, are given a unique IFSC like KARB0000373 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kalaburagi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Kalaburagi and Jevargi.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Karnataka Bank Limited in Jevargi goes to the correct branch. This is important because Karnataka Bank Limited has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code KARB0000373
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 Jevargi in Kalaburagi.
For example, the IFSC Code KARB0000373 of Karnataka Bank Limited for the Jevargi branch includes these elements, identifying the bank and the branch location in Kalaburagi and Karnataka accurately.
How to Find IFSC Code for Karnataka Bank Limited?
If you are trying to find the IFSC Code KARB0000373 of Karnataka Bank Limited for its Jevargi branch located in Kalaburagi, 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 Kalaburagi and Jevargi, 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 Jevargi or Kalaburagi to get the exact IFSC Code KARB0000373.
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 Kalaburagi, you'll get the correct details.
How to Use IFSC Code KARB0000373 for Online Transfers?
Once you have the IFSC Code KARB0000373 for the Jevargi branch of Karnataka Bank Limited in Kalaburagi, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KARB0000373. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 KARB0000373.
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 Jevargi in Kalaburagi, 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 Jevargi, 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 Kalaburagi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is KARB0000373.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor, Plot No 4 & 5, Akhandeshwar Chowk, Vidyanagar Road, Jevargi 585310 located in Kalaburagi, Jevargi, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.