Karnataka Bank Savadatti IFSC Code
Karnataka Bank
IFSC · Used for NEFT, IMPS & RTGS
MICR · Used for Cheque Clearance
Branch
Savadatti
Address
S.no.3561/b/3, Ground Floor, Ramapur Layout, Slao Circle, Main Road, Savadatti - 591 126, Savadatti Taluk, Belagavi District, Karnataka State
View on Google MapsDistrict
Belagavi
State
Karnataka
🔍 Search for another branch
Top Financial Tools for Karnataka Bank Customers
Free calculators — no login required
Karnataka Bank Home Loan EMI Calculator
Calculate EMI, total interest & amortisation schedule
Karnataka Bank SIP Calculator
Project wealth from monthly mutual fund investments
Karnataka Bank FD Calculator
Estimate fixed deposit maturity with quarterly compounding
Karnataka Bank Car Loan EMI Calculator
Find your monthly instalment & total loan cost
Other Karnataka Bank Branches in Belagavi
3 nearby branches — click to view IFSC
Chikkodi (r K Colony Near Govt - 0216)
Tmc No.5856/2876/p-2,nippani-mahalingpur,state Highway,r K Colony,near Govt Hospital,chikkodi-591201
Belagavi-apmc Road (floor Apmc Road Basaveshwar - 0841)
Cts No.1079/2,ground Floor,apmc Road,basaveshwar Circle,kangrali,azamnagar,belagavi-590010,karnataka State
Belagavi-adarsh Nagara (floor Vadagaon Road Rpd Cros - 0958)
Cts No.123,ground Floor,vadagaon Road,rpd Cross Road,adarsh Nagar,belagavi-590005
Frequently Asked Questions
About Karnataka Bank Savadatti (circle Main Road Savadatti - - 1042), Belagavi
The IFSC code KARB0001042 (lowercase: karb0001042) belongs to Karnataka Bank, specifically the Savadatti (circle Main Road Savadatti - - 1042) branch located in Belagavi, Karnataka.
The 5th character in the IFSC code KARB0001042 is a zero (0), not the letter 'O'. The correct format is KARB0001042 (lowercase: karb0001042), and not KARBO001042. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.
The IFSC code of Karnataka Bank Savadatti (circle Main Road Savadatti - - 1042) in Belagavi, Karnataka is KARB0001042. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.
Karnataka Bank Savadatti (circle Main Road Savadatti - - 1042) is located at S.no.3561/b/3, Ground Floor, Ramapur Layout, Slao Circle, Main Road, Savadatti - 591 126, Savadatti Taluk, Belagavi District, Karnataka State, Belagavi, Karnataka. You can click the "View on Google Maps" button on this page to get directions.
The MICR (Magnetic Ink Character Recognition) code of Karnataka Bank Savadatti (circle Main Road Savadatti - - 1042) is 591052002. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.
Yes. IFSC code KARB0001042 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.
You can verify IFSC code KARB0001042 by checking: (1) The top-left corner of any Karnataka Bank Savadatti (circle Main Road Savadatti - - 1042) cheque leaf, (2) The first page of your Karnataka Bank passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.
Understanding IFSC Code: KARB0001042
Decoded structure — 4 + 1 + 6 characters
Visual Breakdown
Swipe to see all
KARB0001042
What Each Part Means
- Bank Code — KARB
- The first 4 characters uniquely identify Karnataka Bank at the national level. Every branch of Karnataka Bank across all states shares this same prefix. It is assigned by the RBI and never changes.
- Reserved — 0
- The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
- Branch Code — 001042
- The final 6 characters 001042 uniquely identify this specific branch within the Karnataka Bank network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
| Segment | Chars | Value | Purpose |
|---|---|---|---|
| Bank Code | 1–4 | KARB | Identifies Karnataka Bank |
| Reserved | 5 | 0 | RBI reserved (always 0) |
| Branch Code | 6–11 | 001042 | Unique to this branch |
Where to Find IFSC & MICR on Your Cheque
Interactive cheque leaf mockup — highlighted fields show live values from this branch
Swipe left to view full cheque
Karnataka Bank
Savadatti (circle Main Road Savadatti - - 1042), Belagavi, Karnataka
Cheque No.
00001042
A/c No.
Authorised Signatory
IFSC vs MICR — Functional Comparison
Two different codes, two different banking systems
| Feature | IFSC Code | MICR Code |
|---|---|---|
| Full Form | Indian Financial System Code | Magnetic Ink Character Recognition |
| Length & Format | 11 characters — alphanumeric | 9 digits — numeric only |
| This Branch | KARB0001042 | 591052002 |
| Primary Use | Electronic fund transfers: NEFT, RTGS, IMPS, UPI | Physical cheque clearing at clearing houses |
| Medium | Digital / online — no physical document needed | Printed in magnetic ink on cheque leaf bottom band |
| Processing Speed | Real-time (IMPS/UPI) or 30-min batches (NEFT) | T+1 or T+2 clearing cycle via RBI clearing houses |
| Where to Find It | Cheque leaf (top area), passbook first page, net banking | Bottom band of cheque leaf (the printed magnetic strip) |
| Assigned By | RBI — permanent unless branch is relocated/merged | RBI — encodes city (3) + bank (3) + branch (3) digits |
| Required For | Adding a payee / beneficiary for online transfer | Cheque book issuance and clearing house processing |
Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.