What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Karnataka Bank Limited K R Nagar Mysore Mysore Branch IFSC/MICR Code Details
Bank Name KARNATAKA BANK LIMITED
Address 25791483,7TH ROAD,KRISHNARAJANAGAR, PIN - 571602
State KARNATAKA
District MYSORE
Branch K R NAGAR MYSORE
IFSC Code KARB0000413
Branch Code 000413 (Last six characters of IFSC code represent Branch code.)
MICR Code 571052002
Contact Phone 262463
via https://bankingzone.in/ifsc

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