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Karnataka Bank - PENUGONDA

Details about the IFSC1 KARB0000681:

Bank: Karnataka Bank
Bank Branch: PENUGONDA (IN-AP)
Country: India
District/State: WEST GODAVARI / ANDHRA PRADESH
City: PENUGONDA
IFSC:1 KARB0000681
MICR:2 534052003




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.