IFSC Code KARB0000859 - Karnataka Bank-MALUR-Kolar

Detail Information
IFSC Code KARB0000859
Bank Name Karnataka Bank
Address NO 10-116-8A-B, GROUND FLOOR, HONDA STADIUM ROAD, NEHRU EXTENSION, MALUR-563130
District Malur
State Karnataka
Branch Malur
Contact
Centre Available
IMPS Available
UPI Available
MICR 563052452
RTGS 1
NEFT Not Available
ISO3166 IN-KA
Bankcode KARB

Overview of KARB0000859

The IFSC code KARB0000859 is associated with the Kolar MALUR Branch of Karnataka Bank. Located in the bustling city of Kolar, KARNATAKA, this branch is one of the many Karnataka Bank branches that cater to the banking needs of the local residents. The code "KARB" in KARB0000859 represents Karnataka Bank Bank, while 0000859 signifies the unique branch code for MALUR.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like KARB0000859, for the MALUR Branch, cannot be overstated. It acts as an address that identifies both the Karnataka Bank and its specific branch in Kolar. 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 KARB0000859

The IFSC code KARB0000859 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 Kolar. Let's break down the details:

  • IFSC Code (KARB0000859): 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 "0000859" are a unique identifier for the MALUR 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 (NO 10-116-8A-B, GROUND FLOOR, HONDA STADIUM ROAD, NEHRU EXTENSION, MALUR-563130): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Kolar, KARNATAKA): The branch is situated in the heart of Kolar, the capital city of KARNATAKA. A city known for its [CITY_FEATURES].
  • Branch (MALUR): The [AREA_NAME] area in Kolar is a hub of activity, and the Karnataka Bank branch here caters to both individual and business banking needs.
  • Phone Number (): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.

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