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 Mathimane-Aramanekoppa Gp branch in Shivamogga, Shivamogga, 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 Shivamogga or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KARB0000984. 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, Mathimane-Aramanekoppa Gp, Shivamogga
Here are the main details that are associated with the IFSC Code KARB0000984 of Karnataka Bank Limited for its branch located in Shivamogga, within the district of Shivamogga in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Bank Limited |
| IFSC Code | KARB0000984 |
| Branch | Mathimane-Aramanekoppa Gp |
| City | Shivamogga |
| District | Shivamogga |
| State | Karnataka |
| Address | Laxmi Complex,Shivamogga Kollur Road,Mathimane-577425,Aramanekoppa Gp,Hosanagara Taluk |
These details help users in online banking and for businesses and individuals who use Karnataka Bank Limited in Shivamogga for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KARB0000984 for the Mathimane-Aramanekoppa Gp 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 Mathimane-Aramanekoppa Gp, Shivamogga, Karnataka, are given a unique IFSC like KARB0000984 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Shivamogga.
- 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 Shivamogga and Shivamogga.
- 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 Mathimane-Aramanekoppa Gp 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 KARB0000984
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 Mathimane-Aramanekoppa Gp in Shivamogga.
For example, the IFSC Code KARB0000984 of Karnataka Bank Limited for the Mathimane-Aramanekoppa Gp branch includes these elements, identifying the bank and the branch location in Shivamogga and Karnataka correctly.
How to Find IFSC Code for Karnataka Bank Limited?
If you are trying to find the IFSC Code KARB0000984 of Karnataka Bank Limited for its Mathimane-Aramanekoppa Gp branch located in Shivamogga, 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 Shivamogga and Shivamogga, 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 Mathimane-Aramanekoppa Gp or Shivamogga to get the exact IFSC Code KARB0000984.
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 Shivamogga, you'll get the correct details.
How to Use IFSC Code KARB0000984 for Online Transfers?
If you have the IFSC Code KARB0000984 for the Mathimane-Aramanekoppa Gp branch of Karnataka Bank Limited in Shivamogga, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KARB0000984. 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 KARB0000984.
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 Mathimane-Aramanekoppa Gp in Shivamogga, 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 Mathimane-Aramanekoppa Gp, 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 Shivamogga to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is KARB0000984.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Laxmi Complex,Shivamogga Kollur Road,Mathimane-577425,Aramanekoppa Gp,Hosanagara Taluk located in Shivamogga, Shivamogga, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.