Karnataka Bank IFSC Code
PENUKONDA Branch, PENUKONDA, PENUKONDA, ANDHRA PRADESH
The official Indian Financial System Code (IFSC) for Karnataka Bank, PENUKONDA branch in PENUKONDA, ANDHRA PRADESH is KARB0000691. The MICR code for cheque clearance is 515052003.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- Karnataka Bank
- Branch Name
- PENUKONDA
- MICR Code
- City / District
- PENUKONDA (PENUKONDA)
- State
- ANDHRA PRADESH
- Postal Pincode
- 515110
D.NO.447-2A/1, PENUKONDA-MADAKASIRA ROAD, ALWIN COLONY, PENUKONDA-515110, Pincode: 515110
How to Read IFSC Code: KARB0000691
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 (KARB0000691)
What is the IFSC Code for Karnataka Bank PENUKONDA branch?
The IFSC Code for Karnataka Bank PENUKONDA branch in PENUKONDA, ANDHRA PRADESH is KARB0000691. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of Karnataka Bank PENUKONDA branch?
The branch is located at: D.NO.447-2A/1, PENUKONDA-MADAKASIRA ROAD, ALWIN COLONY, PENUKONDA-515110, Pincode: 515110, PENUKONDA, ANDHRA PRADESH.
What is the MICR Code for Karnataka Bank PENUKONDA?
The MICR Code for electronic cheque clearing at Karnataka Bank PENUKONDA is 515052003.
How to decipher the IFSC code KARB0000691?
The first 4 characters 'KARB' represent Karnataka Bank. The 5th character is '0' reserved for future use. The last 6 characters '000691' represent the specific PENUKONDA branch code.
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