Karnataka Bank Paniyoor Branch IFSC Code: KARB0000616
Branch Code: 000616 | PANIYOOR, PANIYOOR, Karnataka
The official Indian Financial System Code (IFSC) for Karnataka Bank, Paniyoor branch in PANIYOOR, Karnataka is KARB0000616. The MICR code for cheque clearance is 576052016.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- Karnataka Bank
- Branch Name
- PANIYOOR
- MICR Code
- City / District
- PANIYOOR (PANIYOOR)
- State
- Karnataka
- Postal Pincode
- 574117
GROUND FLOOR, NO 4 46, SRI DEVI COMPLEX, PANIYOOR, 574117, BELAPU VILLAGE & GP, UDUPI TALUK & DISTRICT, Pincode: 574117
How to Read IFSC Code: KARB0000616
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify Karnataka Bank.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: Karnataka Bank (KARB0000616)
Which bank does IFSC Code KARB0000616 belong to?
IFSC Code KARB0000616 belongs to Karnataka Bank for its PANIYOOR branch, located in PANIYOOR, Karnataka. The 4-letter prefix 'KARB' represents Karnataka Bank.
What is the IFSC Code for Karnataka Bank PANIYOOR branch?
The IFSC Code for Karnataka Bank PANIYOOR branch in PANIYOOR, Karnataka is KARB0000616. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of Karnataka Bank PANIYOOR branch?
The branch is located at: GROUND FLOOR, NO 4 46, SRI DEVI COMPLEX, PANIYOOR, 574117, BELAPU VILLAGE & GP, UDUPI TALUK & DISTRICT, Pincode: 574117, PANIYOOR, Karnataka.
What is the MICR Code for Karnataka Bank PANIYOOR?
The MICR Code for electronic cheque clearing at Karnataka Bank PANIYOOR is 576052016.
How to decipher the IFSC code KARB0000616?
The first 4 characters 'KARB' represent Karnataka Bank. The 5th character is '0' reserved for future use. The last 6 characters '000616' represent the specific PANIYOOR branch code.
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