Karnataka Bank is a type of public banking institution with the designation of A1+- class scheduled commercial bank by RBI. It was established in the year 1924 and aims at providing banking and financial products and services. Its head-quarters are in Mangalure, Karnataka, India. The bank has a wide network of 678 branches and a total of above 1000 ATMs spread across 21 states and 2 Union territories.
A specific code is provided to each branch of the Karnataka Bank spread over India which helps in branch identification when making electronic transfers or transactions. The bank’s specimen IFSC code for Ashok Vihar branch Delhi is KARB0000561 whereas for Malviya Nagar branch Delhi the IFSC code is KARB0000567.