Karnataka Bank, Magadi branch

Ramanagaram, Magadi district, Karnataka

IFSC code
KARB0000581
MICR code
560052080
Branch code
000581

Branch details

BankKarnataka Bank
BranchMagadi
IFSC codeKARB0000581
MICR code560052080
AddressVASAVI TEMPLE STREET, RAMA MANDIR ROAD, MAGADI 562 120 (map)
PIN code562120
CityRamanagaram
DistrictMagadi
StateKarnataka
Phone+919972165689
NEFTYes
RTGSYes
IMPSYes
UPIYes

How to use IFSC KARB0000581

To send money to an account at the Karnataka Bank Magadi branch, add the beneficiary in your net banking or banking app with their account number, name and the IFSC code KARB0000581, then pay by NEFT, RTGS or IMPS.

  • NEFT — any amount, settled in half-hourly batches, available 24×7.
  • RTGS — for ₹2 lakh and above, settled instantly.
  • IMPS — instant transfer up to ₹5 lakh, available 24×7.

In KARB0000581, KARB identifies Karnataka Bank, the 5th character is always 0, and 000581 identifies this branch. The MICR code 560052080 is printed at the bottom of cheques issued by the branch.

Frequently asked questions

What is the IFSC code of Karnataka Bank Magadi branch?

The IFSC code of Karnataka Bank, Magadi branch (Magadi, Karnataka) is KARB0000581.

What is the MICR code of Karnataka Bank Magadi?

The MICR code of this branch is 560052080.

Does Karnataka Bank Magadi support RTGS and IMPS?

RTGS: yes. IMPS: yes. NEFT: yes.