Karnataka Bank Arakere Gp Branch IFSC Code KARB0000042 Details

What is IFSC Code of Karnataka Bank Arakere Gp Branch in Tumkur, Karnataka ?
The Indian Financial System Code (IFSC) is an alphanumeric code that uniquely identifies a Bank-Branch participating in National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) Electronic Funds Settlement Systems in India. IFSC Code of Karnataka Bank is provided by RBI. It is identifies branch which participate in online fund transfers. It is a unique code for branch. Karnataka Bank IFSC Code consists of 11 Characters:
(ex. AAAA00654321)
• First 4 characters represent the entity (AAAAxxxxxxx)
• Fifth position has been defaulted with a '0' (Zero) for future use (xxxx0xxxxxx)
• Last 6 character denotes the branch identity (xxxxx654321)
Karnataka Bank Arakere Gp Branch IFSC Code KARB0000042 & MICR 572052007 Karnataka State Tumkur District. Arakere Gp Branch Address is NO.113 & 114, CHIKKATHOTLUKERE ROAD, JAIL CROSS ROAD, ARAKERE VILLAGE & GP-572106, TUMAKURU TALUK & DIST. Contact No 9482804239 Karnataka Bank Arakere Gp Branch email id Karnataka Bank Customer care email [email protected], [email protected], Customer care phone number Toll Free Number 1800-425-1444.
How to use Karnataka Bank Arakere Gp Branch SWIFT, BIC Code in Tumkur, Karnataka
Bank Identifier Code (BIC), SWIFT codes and Routing Code are basically the same. Karnataka Bank SWIFT Code Bank used to Transfer fund to International banks branches. SWIFT, BIC Code Bank is provided the broadest coverage of national bank identifiers. BIC/SWIFT Code is identifying Bank Country branches. BIC Code is unique for each branch. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks.
MICR code for Karnataka Bank Arakere Gp Branch is 572052007. This MICR code 572052007 is used to get bank account details of customer for cheque clearance.
What is MICR No of Karnataka Bank Arakere Gp Branch in Tumkur, Karnataka and how is it used by a bank?
Magnetic ink character recognition (MICR) code can be seen on bottom of cheque leaf. Karnataka Bank Arakere Gp MICR No is 572052007 used by bank to process clearing of cheques and other operations. This code is printed by special ink and information can be read by using specific readers. MICR code give information about bank code and account details of account holder etc. MICR code is made up of nine digits in which first 3 digits show name of city, Next 3 digits shows code of bank and last 3 digits shows name of branch of bank. MICR codes are for secure transaction.
Karnataka Bank Arakere Gp branch IFSC Code is KARB0000042. It is also available at bottom of cheque. This code KARB0000042 is helpful to know ARAKERE GP branch details of the Karnataka Bank when we made online transaction of fund through NEFT,RTGS,mobile banking, bill payments, Credit card payment, online booking etc.