MAGADI Branch
The IFSC code of KARNATAKA BANK LIMITED MAGADI branch is KARB0000581. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in MAGADI, KARNATAKA (PIN 562120).
KARB identifies KARNATAKA BANK LIMITED, 0 is a reserved digit (always 0), and 000581 identifies the MAGADI branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.
KARNATAKA BANK LIMITED MAGADI branch is located at VASAVI TEMPLE STREET, RAMA MANDIR ROAD, MAGADI 562 120. PIN code: 562120.
Yes, KARB0000581 is valid for all electronic transfers: NEFT (24x7, batch settlement), RTGS (real-time, minimum Rs 2 lakh), IMPS (instant, 24x7, up to Rs 5 lakh), and UPI (IFSC is used internally for bank routing in all UPI transactions). Enter this code with the account number to transfer funds to KARNATAKA BANK LIMITED MAGADI.
MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque clearing and processing. Unlike the IFSC code used for online transfers, the MICR code is printed at the bottom of your cheque leaf using magnetic ink and is read by automated clearing machines.
Based on RBI records, KARB0000581 is an active IFSC code assigned to KARNATAKA BANK LIMITED MAGADI in MAGADI, KARNATAKA. If you receive a transaction failure citing this IFSC, contact KARNATAKA BANK LIMITED directly or verify on the RBI website, as codes may be updated following bank mergers or branch relocations.
Verify Before You Transfer
Always confirm the IFSC code directly with KARNATAKA BANK LIMITED or the RBI before initiating a high-value transfer.
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PIN code for this branch: 562120
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