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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Karnataka Bank Limited for its Vile ┬Û Parle (E) branch in Mumbai, Mumbai, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Karnataka Bank Limited located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code KARB0000525. 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, Vile ┬Û Parle (E), Mumbai

Here are the key points that are associated with the IFSC Code KARB0000525 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 KARB0000525
Branch Vile ┬Û Parle (E)
City Mumbai
District Mumbai
State Maharashtra
Address Shop No.18 & 19 Kadamgiri Complex Hanuman Road Vile Parle Eastmumbai, Pin - 400057

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 KARB0000525 for the Vile ┬Û Parle (E) 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 Vile ┬Û Parle (E), Mumbai, Maharashtra, is provided a unique IFSC like KARB0000525 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 Vile ┬Û Parle (E) do not get misguided to another person.

Format of the IFSC Code KARB0000525

The format of the IFSC Code for banks, including Karnataka Bank Limited, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Karnataka Bank Limited, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Vile ┬Û Parle (E) in Mumbai.

For example, the IFSC Code KARB0000525 of Karnataka Bank Limited for the Vile ┬Û Parle (E) branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra correctly.

How to Find IFSC Code for Karnataka Bank Limited?

If you are looking for the IFSC Code KARB0000525 of Karnataka Bank Limited for its Vile ┬Û Parle (E) 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 Vile ┬Û Parle (E) or Mumbai to get the exact IFSC Code KARB0000525.

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 KARB0000525 for Online Transfers?

Once you have the IFSC Code KARB0000525 for the Vile ┬Û Parle (E) branch of Karnataka Bank Limited in Mumbai, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code KARB0000525. 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 KARB0000525.

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 Vile ┬Û Parle (E) in Mumbai, 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 Vile ┬Û Parle (E), 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 Mumbai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karnataka Bank Limited in Vile ┬Û Parle (E), Mumbai?

The IFSC Code is KARB0000525.

Is the IFSC Code KARB0000525 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 Vile ┬Û Parle (E)?

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 Vile ┬Û Parle (E) branch?

The address of the branch is Shop No.18 & 19 Kadamgiri Complex Hanuman Road Vile Parle Eastmumbai, Pin - 400057 located in Mumbai, Mumbai, Maharashtra.

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.

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