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 Devadurga branch in Raichur, Devadurga, 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 Raichur or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KARB0000215. 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, Devadurga, Raichur
The table below shows the main details of the IFSC Code KARB0000215 for the Karnataka Bank Limited branch in Raichur, which falls under the Devadurga district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Bank Limited |
| IFSC Code | KARB0000215 |
| Branch | Devadurga |
| City | Raichur |
| District | Devadurga |
| State | Karnataka |
| Address | Plot No.4, Tmc No.8-1-258,Veerabhadreshwar Complex, Boranna Colony, Near Ambedkar Circle, Devadurga |
These details help users in online banking and for businesses and individuals who use Karnataka Bank Limited in Raichur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KARB0000215 for the Devadurga 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 Devadurga, Raichur, Karnataka, is provided a unique IFSC like KARB0000215 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Karnataka Bank Limited branch in Raichur.
- 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 Raichur and Devadurga.
- 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 Karnataka and the rest of India, the IFSC Code ensures that transactions meant for Karnataka Bank Limited in Devadurga do not get misguided to another person.
Format of the IFSC Code KARB0000215
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 Devadurga in Raichur.
For example, the IFSC Code KARB0000215 of Karnataka Bank Limited for the Devadurga branch includes these elements, identifying the bank and the branch location in Raichur and Karnataka accurately.
How to Find IFSC Code for Karnataka Bank Limited?
If you are trying to find the IFSC Code KARB0000215 of Karnataka Bank Limited for its Devadurga branch located in Raichur, 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 Raichur and Devadurga, 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 Devadurga or Raichur to get the exact IFSC Code KARB0000215.
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 Raichur, you'll get the correct details.
How to Use IFSC Code KARB0000215 for Online Transfers?
If you have the IFSC Code KARB0000215 for the Devadurga branch of Karnataka Bank Limited in Raichur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KARB0000215. 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 KARB0000215.
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 Devadurga in Raichur, 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 Devadurga, 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 Raichur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Devadurga Raichur branch is KARB0000215.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Plot No.4, Tmc No.8-1-258,Veerabhadreshwar Complex, Boranna Colony, Near Ambedkar Circle, Devadurga.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.