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Karnataka Bank

HASSAN KUVEMPUNAGAR BRANCH

+919482131543

IFSC CODE
KARB0000345
MICR Code 573052303
Branch Code 000345
City / District HASSAN
State KARNATAKA
Office Address OLD TALUK OFFICE ROAD,HOUSING BOARD EXTENSION,HASSAN KUVEMPUNAGAR,573 201
Phone +919482131543
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Karnataka Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the HASSAN KUVEMPUNAGAR branch of Karnataka Bank, the code KARB0000345 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the KARB0000345 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"KARB" represents Karnataka Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for HASSAN KUVEMPUNAGAR

Payment Systems Supported by KARB0000345

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—573052303—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Karnataka Bank in HASSAN typically follows the RBI holiday calendar. Digital transfers via KARB0000345 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While KARB0000345 is the valid code for HASSAN KUVEMPUNAGAR at HASSAN, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Financial Tools

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Branch Context

  • • HASSAN KUVEMPUNAGAR Contact
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  • • MICR Code Finder
  • • KARNATAKA Banking Circle

Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
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  • • IFSC Finder v2.0

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