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Karnataka Bank - MACHILIPATNAM

Details about the IFSC1 KARB0000578:

Bank: Karnataka Bank
Bank Branch: MACHILIPATNAM (IN-AP)
Country: India
District/State: KRISHNA / ANDHRA PRADESH
City: MACHILIPATNAM
Contact: +919491915578
IFSC:1 KARB0000578
MICR:2 520052402




1) An IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code used to identify bank branches participating in electronic fund transfers like NEFT, RTGS, and IMPS.

2) Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.