Karnataka Bank - Magadi IFSC Code

Ramanagaram Karnataka
IFSC Code
KARB0000581
MICR Code
560052080
Bank Code
KARB

Payment Services

NEFT Available
RTGS Available
IMPS Available
UPI Available

Location & Contact

ADDRESS
VASAVI TEMPLE STREET, RAMA MANDIR ROAD, MAGADI 562 120
DISTRICT
Magadi
STATE
Karnataka
CONTACT
+919972165689

About Karnataka Bank MAGADI Branch

The Karnataka Bank Magadi branch is located in Ramanagaram, Magadi district, Karnataka. Its official IFSC code is KARB0000581. This branch offers a wide range of banking services to customers in the Ramanagaram area, including savings and current accounts, loans, and digital banking facilities.

You can use the IFSC code KARB0000581 for all online fund transfers, such as NEFT, RTGS, IMPS and UPI. It is mandatory to provide this code when adding a beneficiary to ensure that your funds are transferred securely and accurately to this specific branch.

Additionally, this branch has the MICR code 560052080, which is used for the processing and clearing of cheques. This code is printed on the bottom of cheque leaves and facilitates faster clearing.

Whether you are receiving funds or sending money to an account at the Magadi branch, always verify the IFSC code KARB0000581 before confirming the transaction.

How to Use This IFSC Code

The IFSC code KARB0000581 is required for:

  • NEFT Transfers: National Electronic Funds Transfer to this branch
  • RTGS Transfers: Real Time Gross Settlement for large transactions
  • IMPS Transfers: Immediate Payment Service for instant transfers
  • UPI Setup: Link your bank account to UPI apps
  • Online Bill Payments: Add beneficiary for utility payments

Simply enter KARB0000581 when prompted for the IFSC code during any online banking transaction.

Frequently Asked Questions

The IFSC code for the Magadi branch of Karnataka Bank in Ramanagaram, Karnataka is KARB0000581. This code is used for all online banking transactions including NEFT, RTGS, and IMPS.
The MICR (Magnetic Ink Character Recognition) code for this branch is 560052080. MICR codes are used for cheque processing and clearing.
Yes, the Magadi branch of Karnataka Bank supports both NEFT (National Electronic Funds Transfer) and RTGS (Real Time Gross Settlement) transactions. You can use the IFSC code KARB0000581 for these services.
The complete address is: VASAVI TEMPLE STREET, RAMA MANDIR ROAD, MAGADI 562 120, Ramanagaram, Karnataka. This branch serves customers in the Ramanagaram area.
Yes, Karnataka Bank supports UPI (Unified Payments Interface) services. You can link your account from this branch to UPI apps for instant payments and transfers.
To use this IFSC code, enter KARB0000581 in the IFSC code field when adding a beneficiary or making an online transfer. Ensure you also enter the correct account number and account holder name for successful transactions.