Karnataka Bank IFSC Code KARB0000590

Karnataka Bank – ONGOLE

IFSC Code: KARB0000590

MICR Code: 523052002

Branch: ONGOLE

Bank: Karnataka Bank

Address: CHITIRALA COMMERCIAL COMPLEX, KURNOOL ROAD, OPP. ST. XAVIER’S SCHOOL, ONGOLE – 523002

District: PRAKASAM

State: ANDHRA PRADESH

Contact: +918592282679

Indian Financial System Code (IFSC): KARB0000590

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 000590. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 523052002

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.