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Verified Branch

Karnataka Bank

NEW COTTON MARKET HUBLI Branch, HUBLI

IFSC Code
KARB0000316
Required for NEFT, RTGS, IMPS money transfers
MICR Code
580052003
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

KARB Bank Code (1-4)
0 Control Zero (5th)
000316 Branch Code (6-11)

Complete Branch Details

Full Address FIRST FLOOR,NEELIGIN ROAD,NEW COTTON MARKET,HUBLI, PIN - 580029
State KARNATAKA
District / City HUBLI
Centre / Region HUBLI
Contact / Helpline +918362350117
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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 KARB0000316.
  4. Confirm bank name displays as Karnataka Bank and branch as NEW COTTON MARKET HUBLI.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (KARB0000316)

What is the IFSC code of Karnataka Bank NEW COTTON MARKET HUBLI branch? ↓

The verified 11-digit IFSC code is KARB0000316. 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 NEW COTTON MARKET HUBLI? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 580052003. 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 FIRST FLOOR,NEELIGIN ROAD,NEW COTTON MARKET,HUBLI, PIN - 580029, located in HUBLI district, KARNATAKA.

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KARB0000241

HUBBALLI-CURRENCY CHEST Branch

HUBBALLI, KARNATAKA

 KARB0000400

RO HUBLI Branch

HUBLI, KARNATAKA

 KARB0000315

DURGAD BAIL HUBLI Branch

HUBLI, KARNATAKA

 KARB0000367

JAJPUR ROAD Branch

JAJPUR, ODISHA

 KARB0000463

MOUNT ROAD CHENNAI Branch

CHENNAI, TAMIL NADU

 KARB0000473

BOLAR MANGALORE Branch

DAKSHINA KANNADA, KARNATAKA

 KARB0000712

SAGAR Branch

SHIMOGA, KARNATAKA

 KARB0000317

OLD HUBLI Branch

HUBLI, KARNATAKA

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