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Karnataka Bank · Raigad

KARB0000589: Karnataka Bank, Navi Mumbai Kharghar

IFSC code KARB0000589 belongs to the Navi Mumbai Kharghar branch of Karnataka Bank in Raigad, Maharashtra. Its MICR code is 400052028.

IFSC
KARB0000589
MICR
400052028
Bank
Karnataka Bank
Branch
Navi Mumbai Kharghar
District
Raigad
State
Maharashtra

Branch address

Karnataka Bank
Ground Floor, Shop No 10,11,12 & 13, Plot No 50 & 51, Sector 15, Millenium Icon, Kharghar, Navi Mumbai 401210, Panvel Taluk

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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 000589 is the code of the Navi Mumbai Kharghar branch. In the MICR code 400052028, 400 is the city, 052 the bank and 028 the branch.

Other Karnataka Bank branches in Raigad

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 Navi Mumbai Kharghar branch (Raigad, Maharashtra) is KARB0000589.

  2. 400052028. MICR is printed at the bottom of the branch's cheques.

  3. Ground Floor, Shop No 10,11,12 & 13, Plot No 50 & 51, Sector 15, Millenium Icon, Kharghar, Navi Mumbai 401210, Panvel Taluk

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC KARB0000589 with the beneficiary's account number.

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