Karnataka Bank IFSC Code KARB0000589

Karnataka Bank – NAVI MUMBAI KHARGHAR

IFSC Code: KARB0000589

MICR Code: 400052028

Branch: NAVI MUMBAI KHARGHAR

Bank: Karnataka Bank

Address: GROUND FLOOR, SHOP NO 10,11,12 & 13, PLOT NO 50 & 51, SECTOR 15, MILLENIUM ICON, KHARGHAR, NAVI MUMBAI 401210, PANVEL TALUK

District: RAIGAD

State: MAHARASHTRA

Contact:

Indian Financial System Code (IFSC): KARB0000589

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 000589. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 400052028

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.