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Karnataka Bank · S.A.S Nagar

KARB0000503: Karnataka Bank, Mohali Punjab

IFSC code KARB0000503 belongs to the Mohali Punjab branch of Karnataka Bank in S.A.S Nagar, Punjab. Its MICR code is 160052003.

IFSC
KARB0000503
MICR
160052003
Bank
Karnataka Bank
Branch
Mohali Punjab
District
S.A.S Nagar
State
Punjab
Phone
+911722264884

Branch address

Karnataka Bank
Sco 121 & 122,Phase-3-B-Ii,S A S Nagar,Mohali, PIN - 160059

Open in a map · Pincode 160059: post offices and area

Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

KARB is Karnataka Bank's bank code, the fifth character 0 is kept for future use, and 000503 is the code of the Mohali Punjab branch. In the MICR code 160052003, 160 is the city, 052 the bank and 003 the branch.

Other Karnataka Bank branches in S.A.S Nagar

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Karnataka Bank's Mohali Punjab branch (S.A.S Nagar, Punjab) is KARB0000503.

  2. 160052003. MICR is printed at the bottom of the branch's cheques.

  3. Sco 121 & 122,Phase-3-B-Ii,S A S Nagar,Mohali, PIN - 160059

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC KARB0000503 with the beneficiary's account number.

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