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 Turuvekere branch in Tumkur, Turuvekere, Karnataka, 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 Tumkur or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KARB0000759. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Karnataka Bank Limited, Turuvekere, Tumkur
Below in the table are the key details related to IFSC Code KARB0000759 of Karnataka Bank Limited for its branch located in Tumkur, within the district of Turuvekere in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karnataka Bank Limited |
| IFSC Code | KARB0000759 |
| Branch | Turuvekere |
| City | Tumkur |
| District | Turuvekere |
| State | Karnataka |
| Address | Siddaramanna Complex,Dabbegatta Road,Turuvekere, Pin - 572227 |
These details helps users in online banking and for businesses and individuals who use Karnataka Bank Limited in Tumkur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KARB0000759 for the Turuvekere branch of Karnataka Bank Limited plays a vital 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 KARB0000759 is given to every bank branch, including Karnataka Bank Limited located in Turuvekere, Tumkur, Karnataka, 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 Tumkur.
- 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 Tumkur and Turuvekere.
- 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 Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Karnataka Bank Limited in Turuvekere doesn't end up at another location.
Format of the IFSC Code KARB0000759
The format of the IFSC Code for banks, including Karnataka Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Karnataka Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Turuvekere in Tumkur.
For example, the IFSC Code KARB0000759 of Karnataka Bank Limited for the Turuvekere branch has these elements, identifying the bank and the branch location in Tumkur and Karnataka correctly.
How to Find IFSC Code for Karnataka Bank Limited?
To find the IFSC Code KARB0000759 of Karnataka Bank Limited for its Turuvekere branch located in Tumkur, the following methods can help you out:
Cheque Book
The cheque book issued by Karnataka Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Karnataka Bank Limited branches in Tumkur and Turuvekere, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Karnataka Bank Limited and go to the branch locator section. Then search for Turuvekere or Tumkur to find the exact IFSC Code KARB0000759.
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 maintains an updated database of all IFSC codes. Searching for Karnataka Bank Limited and Tumkur will provide accurate information.
How to Use IFSC Code KARB0000759 for Online Transfers?
Once you have the IFSC Code KARB0000759 for the Turuvekere branch of Karnataka Bank Limited in Tumkur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KARB0000759. 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 KARB0000759.
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 Turuvekere in Tumkur, 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 Turuvekere, 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 Tumkur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is KARB0000759.
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 Siddaramanna Complex,Dabbegatta Road,Turuvekere, Pin - 572227 located in Tumkur, Turuvekere, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.