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 Madurai Tn branch in Madurai, Madurai, Tamil Nadu, 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 Madurai or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code KARB0000486. 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, Madurai Tn, Madurai

The table below shows the main details of the IFSC Code KARB0000486 for the Karnataka Bank Limited branch in Madurai, which falls under the Madurai district in Tamil Nadu.

Particulars Details
Bank Karnataka Bank Limited
IFSC Code KARB0000486
Branch Madurai Tn
City Madurai
District Madurai
State Tamil Nadu
Address 39-41,Town Hall Road,Madurai, Pin - 625001

These details help users in online banking and for businesses and individuals who use Karnataka Bank Limited in Madurai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KARB0000486 for the Madurai Tn 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 that is provided by the Reserve Bank of India. A unique IFSC like KARB0000486 is given to every bank branch, including Karnataka Bank Limited located in Madurai Tn, Madurai, Tamil Nadu, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Karnataka Bank Limited branch in Madurai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Madurai and Madurai.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Karnataka Bank Limited in Madurai Tn doesn't end up at another location.

Format of the IFSC Code KARB0000486

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 Madurai Tn in Madurai.

For example, the IFSC Code KARB0000486 of Karnataka Bank Limited for the Madurai Tn branch includes these elements, identifying the bank and the branch location in Madurai and Tamil Nadu accurately.

How to Find IFSC Code for Karnataka Bank Limited?

If you are looking for the IFSC Code KARB0000486 of Karnataka Bank Limited for its Madurai Tn branch located in Madurai, the following methods can help:

Cheque Book

The cheque book that is issued by Karnataka Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Karnataka Bank Limited and look for the branch locator section, then search for Madurai Tn or Madurai to get the exact IFSC Code KARB0000486.

Mobile Banking App

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

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Karnataka Bank Limited and Madurai, then it will provide you proper information.

How to Use IFSC Code KARB0000486 for Online Transfers?

Once you have the IFSC Code KARB0000486 for the Madurai Tn branch of Karnataka Bank Limited in Madurai, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code KARB0000486. 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 KARB0000486.

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 Madurai Tn in Madurai, it can 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 Madurai Tn, 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 Madurai 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 Madurai Tn, Madurai?

The IFSC Code is KARB0000486.

Is the IFSC Code KARB0000486 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Karnataka Bank Limited Madurai Tn?

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

What is the full address of the Madurai Tn branch?

The address of the branch is 39-41,Town Hall Road,Madurai, Pin - 625001 located in Madurai, Madurai, Tamil Nadu.

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.