IFSC Code of Karnataka Bank Limited, Hoovina Hadagalli Branch, Karnataka

If you are searching for the IFSC code of Karnataka Bank Limited, HOOVINA HADAGALLI branch in HOOVINA HADAGALLI, KARNATAKA, this page has every detail you need. The verified IFSC code for this branch is KARB0000342. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the HOOVINA HADAGALLI branch, and detailed step-by-step guides for using the IFSC KARB0000342 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for Karnataka Bank Limited – HOOVINA HADAGALLI is KARB0000342. The first four letters KARB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000342 map to this branch in HOOVINA HADAGALLI, KARNATAKA.

Branch details at a glance

About the bank

Karnataka Bank Limited serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Hoovina Hadagalli branch in Hoovina Hadagalli, Karnataka is part of this network and uses the IFSC code KARB0000342 for all electronic settlement.

About the Hoovina Hadagalli branch

The Hoovina Hadagalli branch of Karnataka Bank Limited is situated at SRI BALAJI COMPLEX, OPP. PWD OFFICE, HARAPANAHALLI ROAD, HOOVINA HADAGALI - 583219. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code KARB0000342 is used.

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Karnataka Bank Limited's HOOVINA HADAGALLI branch came to be assigned the code KARB0000342.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC KARB0000342, money simply cannot be routed to the HOOVINA HADAGALLI branch electronically.

How to transfer money using IFSC KARB0000342

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC KARB0000342 across all three.

How to use IFSC KARB0000342 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Karnataka Bank Limited's HOOVINA HADAGALLI branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC KARB0000342.
4. Confirm the bank name auto-populates as Karnataka Bank Limited and the branch as HOOVINA HADAGALLI.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to HOOVINA HADAGALLI

If you need to transfer ₹2 lakh or more in one go to an account at Karnataka Bank Limited's HOOVINA HADAGALLI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC KARB0000342 while initiating the transfer and the credit will appear within minutes.

IMPS to Karnataka Bank Limited HOOVINA HADAGALLI (IFSC KARB0000342)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC KARB0000342 in your mobile or internet banking app, and the money is credited to the HOOVINA HADAGALLI branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC KARB0000342 for Karnataka Bank Limited – HOOVINA HADAGALLI, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the Hoovina Hadagalli branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

UPI payments and IFSC KARB0000342

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Karnataka Bank Limited – HOOVINA HADAGALLI is still mapped to IFSC KARB0000342. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC KARB0000342 and the beneficiary's account number to complete the transfer.

Account types you can open at the Hoovina Hadagalli branch

Once you have an account at Karnataka Bank Limited – HOOVINA HADAGALLI, the IFSC KARB0000342 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Products and services

Customers walking into the Hoovina Hadagalli branch can access most of Karnataka Bank Limited's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC KARB0000342

MICR & cheque-truncation details

Cheques drawn on the Hoovina Hadagalli branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC KARB0000342 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Digital banking channels

Most day-to-day work that customers used to do at the Hoovina Hadagalli branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC KARB0000342 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Karnataka Bank Limited – HOOVINA HADAGALLI:

• The IFSC is exactly KARB0000342 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Karnataka Bank Limited as the bank name and HOOVINA HADAGALLI as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

How to reach the Hoovina Hadagalli branch

The branch is located at SRI BALAJI COMPLEX, OPP. PWD OFFICE, HARAPANAHALLI ROAD, HOOVINA HADAGALI - 583219, which puts it inside Hoovina Hadagalli, the broader Bellary district, and the state of Karnataka. To plan your visit:

1. Open Google Maps on your phone and search for “Karnataka Bank Limited Hoovina Hadagalli branch” — the verified location pin for IFSC KARB0000342 should appear at the top of the results.
2. Confirm the branch is open by calling 8399-240129 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC KARB0000342 and your account number.

Verifying IFSC KARB0000342 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm KARB0000342 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 8399-240129.
• Visiting the bank's official branch locator page.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Hoovina Hadagalli branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC KARB0000342, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code KARB0000342 belongs to Karnataka Bank Limited's HOOVINA HADAGALLI branch, located at SRI BALAJI COMPLEX, OPP. PWD OFFICE, HARAPANAHALLI ROAD, HOOVINA HADAGALI -… in HOOVINA HADAGALLI, KARNATAKA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.