KARNATAKA BANK LIMITED IFSC Code – MATALA, MATALA
Complete bank details including IFSC code, MICR code, address and payment facilities for MATALA branch.
Bank Details
| Bank Name | KARNATAKA BANK LIMITED |
| Branch Name | MATALA |
| IFSC Code | KARB0000498 |
| MICR Code | 585052504 |
| Address | MAIN MARKET,DHARMPET MATALA, PIN - 585419 |
| City | MATALA |
| District | BIDAR |
| State | KARNATAKA |
| Contact | 257438 |
Payment Facilities
About IFSC Code KARB0000498
The IFSC code KARB0000498 uniquely identifies the MATALA branch of KARNATAKA BANK LIMITED located in MATALA, KARNATAKA. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code KARB0000498
- First 4 characters (KARB) – Represents KARNATAKA BANK LIMITED bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (000498) – Unique branch identifier for MATALA
How to Use IFSC Code KARB0000498
To transfer money to any account at KARNATAKA BANK LIMITED MATALA branch, you will need to provide the IFSC code KARB0000498 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at MATALA
- NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
- RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
- IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
- UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID
About KARNATAKA BANK LIMITED MATALA Branch
KARNATAKA BANK LIMITED MATALA is a branch of KARNATAKA BANK LIMITED located in MATALA, KARNATAKA. The branch provides comprehensive banking services to customers in MATALA and surrounding areas.
Branch Address
MAIN MARKET,DHARMPET MATALA, PIN - 585419, MATALA, KARNATAKA
Services Available
This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).
MICR Code Information
The MICR (Magnetic Ink Character Recognition) code for this branch is 585052504. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.
Important Information
Transfer Timings
- NEFT: 24x7, 365 days (Settled in half-hourly batches)
- RTGS: 24x7, 365 days (Real-time for ₹2L+)
- IMPS: 24x7, 365 days (Instant)
- UPI: 24x7, 365 days (Instant)
Verification Tips
- Always verify IFSC code before transferring money
- Cross-check with bank passbook or cheque book
- IFSC codes may change after bank mergers
- Contact branch for latest information
Frequently Asked Questions
What is the IFSC code of KARNATAKA BANK LIMITED MATALA?
The IFSC code of KARNATAKA BANK LIMITED MATALA branch in MATALA is KARB0000498.
What is the MICR code of KARNATAKA BANK LIMITED MATALA?
The MICR code of KARNATAKA BANK LIMITED MATALA branch is 585052504.
What is the address of KARNATAKA BANK LIMITED MATALA?
KARNATAKA BANK LIMITED MATALA branch is located at MAIN MARKET,DHARMPET MATALA, PIN - 585419.
Does KARNATAKA BANK LIMITED MATALA support NEFT/RTGS/IMPS?
KARNATAKA BANK LIMITED MATALA branch supports NEFT, RTGS, IMPS, and UPI transactions.