What is IFSC Code of Karnataka Bank Sambalpur Branch in Sambalpur, Odisha ?
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. Karnataka Bank IFSC Code identifies branch which participate in online fund transfers. IFSC code Karnataka Bank Branch 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 Sambalpur Branch IFSC Code KARB0000747 & MICR 768052002 Odisha State Sambalpur District located Karnataka Bank Sambalpur Branch Address is PUROHIT COMPLEX, BUDHA RAJA AREA MAIN ROAD, SAMBALPUR 768004 Contact No 9438493125 Karnataka Bank Sambalpur email id ifsc code is KARB0000747 & micr is 768052002
What is SWIFT CODE of Karnataka Bank Sambalpur Branch in Sambalpur, Odisha ?
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same. The SWIFT code is 8 or 11 characters
Example: AAAAUK5CXXX
• AAAA 4 letters: Institution Code or bank code.
• UK 2 letters: ISO 3166-1 alpha-2 country code
• 5C 2 letters or digits: location code
• If the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
• If the second character is "1", then it denotes a passive participant in the SWIFT network
• If the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
• XXX 3 letters or digits: branch code, optional ('XXX' for primary office)
Where an 8-digit code is given, it may be assumed that it refers to the primary office.
Karnataka Bank of Sambalpur Branch IFSC code KARB0000747, MICR NO 768052002 is in Sambalpur district of Odisha State. Karnataka Bank Customer care email [email protected], [email protected]. Karnataka Bank Customer care phone number Toll Free Number 1800-425-1444.
How to use Karnataka Bank Sambalpur Branch SWIFT, BIC Code in Sambalpur, Odisha
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 of Karnataka Bank 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 Sambalpur Branch is 768052002. This MICR code 768052002 is used to get bank account details of customer for cheque clearance.
What is MICR No of Karnataka Bank Sambalpur Branch in Sambalpur, Odisha and how is it used by a bank?
Magnetic ink character recognition (MICR) code can be seen on bottom of cheque leaf. Karnataka Bank Sambalpur MICR No is 768052002 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 Karnataka Bank 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.
IFSC code for Karnataka Bank Sambalpur branch IFSC Code is KARB0000747. IFSC code is also available at bottom of cheque of KARNATAKA BANK. This code KARB0000747 is helpful to know SAMBALPUR 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.