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Bank Details for MICR: 587052102

Bank NameKarnataka Bank Limited
Branch Name Bagalkot
Branch Code 000051
IFSC Code KARB0000051
MICR Code 587052102
Bank Address Cta130/1g/2&130/1g/3a,durga Vihar Building Mahaveer Road,bagalkot, Pin - 587101
State Name Karnataka
City / Area Bagalkot
District Name Bagalkot
Contact Details220226

MICR code - 587052102 of bank Bagalkot Bagalkot Karnataka India Karnataka Bank Limited is use to do any online transaction like NEFT, RTGS, ECS Transactions.

IFSC Code - KARB0000051 of bank Karnataka Bank Limited and MICR code - 587052102 of bank Karnataka Bank Limited is use to do any online transaction or transaction related to the Bagalkot branch of Karnataka Bank Limited Bagalkot Karnataka. an Invalid use ifsc code or micr code will lead to failur of the transaction.


Map Location for 587052102




MICR Code: Magnetic Ink Character Recognition MICR CODE is printed on cheque book to facilitate the Process of cheques.

National Electronic Funds Transfer (NEFT) is a nation-wide system that facilitates individuals, firms and corporates to electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country. NEFT transfers are also referred as e-cheques as the funds are not transferred in real-time and the funds are settled in batches.

'RTGS' stands for Real Time Gross Settlement, which can be defined as the continuous (real-time) settlement of funds transfers individually on an order by order basis (without netting). You need the IFSC Code to identify the Branch for which you will want to transfer funds using RTGS. Note all branches don't have IFSC Codes.

'IMPS' is Immediate Payment Service and it is commonly known as Interbank Mobile Payment Service. IMPS uses IFSC codes to offer a number of fund transfer services instantly in a round the clock environment. National Payments Corporation of India (NPCI), which is an organization that regulates the retail payments in India, has provided this facility.