Karnataka Bank Logo
Verified Branch

Karnataka Bank

ALMEL Branch, BIJAPUR

IFSC Code
KARB0000005
Required for NEFT, RTGS, IMPS money transfers
MICR Code
586052501
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

KARB Bank Code (1-4)
0 Control Zero (5th)
000005 Branch Code (6-11)

Complete Branch Details

Full Address S S GUNDAGI BUILDING, MAIN ROAD,ALMEL, PIN - 586226
State KARNATAKA
District / City ALMEL
Centre / Region ALMEL
Contact / Helpline +918488232007
Share WhatsApp View on Map

Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code KARB0000005.
  4. Confirm bank name displays as Karnataka Bank and branch as ALMEL.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (KARB0000005)

What is the IFSC code of Karnataka Bank ALMEL branch?

The verified 11-digit IFSC code is KARB0000005. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.

Can I transfer money on Sundays and bank holidays using this IFSC code?

Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.

What is the MICR code of Karnataka Bank ALMEL?

The 9-digit Magnetic Ink Character Recognition (MICR) code is 586052501. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.

Where is the branch located?

The official branch address is S S GUNDAGI BUILDING, MAIN ROAD,ALMEL, PIN - 586226, located in ALMEL district, KARNATAKA.