Karnataka Bank NELEKERE

Karnataka Bank – NELEKERE

IFSC Code: KARB0000540

MICR Code: 572052527

Branch: NELEKERE

Bank: Karnataka Bank

Address: MATHA RESIDENCY COMPLEX,B.H.ROAD,KIBBANAHALLYCROSS,KIBBANAHALLY POST, PIN – 572214

District: TUMKUR

State: KARNATAKA

Contact: +918134262709

Indian Financial System Code (IFSC): KARB0000540

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 000540. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 572052527

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.