IFSC Code KARB0000031 - Karnataka Bank-AURANGABAD-Aurangabad
| Detail | Information |
|---|---|
| IFSC Code | KARB0000031 |
| Bank Name | Karnataka Bank |
| Address | SHOP NO.4,GROUND FLOOR TAPADIA TERRACES,ADALAT ROAD,AURANGABAD, PIN - 431001 |
| District | Aurangabad |
| State | Maharashtra |
| Branch | Aurangabad |
| Contact | +912402341585 |
| Centre | Available |
| IMPS | Available |
| UPI | Available |
| MICR | 431052003 |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-MH |
| Bankcode | KARB |
Overview of KARB0000031
The IFSC code KARB0000031 is associated with the Aurangabad AURANGABAD Branch of Karnataka Bank. Located in the bustling city of Aurangabad, MAHARASHTRA, this branch is one of the many Karnataka Bank branches that cater to the banking needs of the local residents. The code "KARB" in KARB0000031 represents Karnataka Bank Bank, while 0000031 signifies the unique branch code for AURANGABAD.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like KARB0000031, for the AURANGABAD Branch, cannot be overstated. It acts as an address that identifies both the Karnataka Bank and its specific branch in Aurangabad. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.
Deep Dive into KARB0000031
The IFSC code KARB0000031 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Karnataka Bank in Aurangabad. Let's break down the details:
- IFSC Code (KARB0000031): This unique code is essential for electronic fund transfers. The first four characters "KARB" represent the bank's name, Karnataka Bank. The last six characters "0000031" are a unique identifier for the AURANGABAD branch.
- Bank Name (Karnataka Bank): One of [country]'s leading banks, Karnataka Bank offers a wide range of banking products and financial services to its vast customer base.
- Address (SHOP NO.4,GROUND FLOOR TAPADIA TERRACES,ADALAT ROAD,AURANGABAD, PIN - 431001): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
- City & State (Aurangabad, MAHARASHTRA): The branch is situated in the heart of Aurangabad, the capital city of MAHARASHTRA. A city known for its [CITY_FEATURES].
- Branch (AURANGABAD): The [AREA_NAME] area in Aurangabad is a hub of activity, and the Karnataka Bank branch here caters to both individual and business banking needs.
- Phone Number (+912402341585): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.