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Karnataka Bank · Mandya

KARB0000586: Karnataka Bank, Maddur

IFSC code KARB0000586 belongs to the Maddur branch of Karnataka Bank in Mandya, Karnataka. Its MICR code is 571052402.

IFSC
KARB0000586
MICR
571052402
Bank
Karnataka Bank
Branch
Maddur
District
Mandya
State
Karnataka
Phone
+919449520625

Branch address

Karnataka Bank
Ground Floor, Sri Sarvashiva Complex, Beside Mahaveera Theatre, Old M C Road, Maddur, 571428

Open in a map · Pincode 571428: 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 000586 is the code of the Maddur branch. In the MICR code 571052402, 571 is the city, 052 the bank and 402 the branch.

Other Karnataka Bank branches in Mandya

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 Maddur branch (Mandya, Karnataka) is KARB0000586.

  2. 571052402. MICR is printed at the bottom of the branch's cheques.

  3. Ground Floor, Sri Sarvashiva Complex, Beside Mahaveera Theatre, Old M C Road, Maddur, 571428

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC KARB0000586 with the beneficiary's account number.

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