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 Dadar(W) branch in Mumbai, Mumbai, Maharashtra, 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 Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code KARB0000527. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Karnataka Bank Limited, Dadar(W), Mumbai
Below in the table are the key details related to IFSC Code KARB0000527 of Karnataka Bank Limited for its branch located in Mumbai, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Karnataka Bank Limited |
| IFSC Code | KARB0000527 |
| Branch | Dadar(W) |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | First Floor, Raj Aditya Building,Kashinath Dhuru Road,Agar Bazar, Dadar (W),Mumbai ┬Û 400028. |
These details help users in online banking and for businesses and individuals who use Karnataka Bank Limited in Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KARB0000527 for the Dadar(W) 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Karnataka Bank Limited located in Dadar(W), Mumbai, Maharashtra, is provided a unique IFSC like KARB0000527 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Karnataka Bank Limited branch in Mumbai.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Mumbai and Mumbai.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Karnataka Bank Limited in Dadar(W) do not get misguided to another person.
Format of the IFSC Code KARB0000527
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 Dadar(W) in Mumbai.
For example, the IFSC Code KARB0000527 of Karnataka Bank Limited for the Dadar(W) branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.
How to Find IFSC Code for Karnataka Bank Limited?
If you are looking for the IFSC Code KARB0000527 of Karnataka Bank Limited for its Dadar(W) branch located in Mumbai, 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 Mumbai and Mumbai, 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 Dadar(W) or Mumbai to get the exact IFSC Code KARB0000527.
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 Mumbai, then it will provide you proper information.
How to Use IFSC Code KARB0000527 for Online Transfers?
If you have the IFSC Code KARB0000527 for the Dadar(W) branch of Karnataka Bank Limited in Mumbai, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KARB0000527. Transfers are processed in batches. 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. Asks for the recipient's account details and Karnataka Bank Limited IFSC Code KARB0000527.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Karnataka Bank Limited Dadar(W) in Mumbai, it 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 Dadar(W), 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 Mumbai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is KARB0000527.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is First Floor, Raj Aditya Building,Kashinath Dhuru Road,Agar Bazar, Dadar (W),Mumbai ┬Û 400028. located in Mumbai, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.