Below are the complete branch details for Karnataka Bank Limited, CORPORATE FINANCE BRANCH branch, located in MUMBAI, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is KARB0000079. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case KARB0000079 for Karnataka Bank Limited – CORPORATE FINANCE BRANCH — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, KARB0000079 is the IFSC of Karnataka Bank Limited's CORPORATE FINANCE BRANCH branch. The format is fixed: KARB = bank code, 0 = reserved, 000079 = branch identifier.
About Karnataka Bank Limited
Karnataka Bank Limited operates a wide network of branches across India, including the Corporate Finance Branch branch in Mumbai. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, KARB0000079.
Branch details at a glance
| Bank Name | Karnataka Bank Limited |
|---|---|
| Branch | Corporate Finance Branch |
| IFSC Code | KARB0000079 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 294-A,HAROON HOUSE,PERIN NARIMAN STREET,BEHIND R.B.I,FORT,MUMBAI, PIN - 400001 |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| STD Code | 22 |
| Phone | 22632715 |
About this branch
The branch is located at 294-A,HAROON HOUSE,PERIN NARIMAN STREET,BEHIND R.B.I,FORT,MUMBAI, PIN - 400001. It serves the Mumbai region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Karnataka Bank Limited. The IFSC KARB0000079 is used to identify this branch on the RBI payments network.
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 CORPORATE FINANCE BRANCH branch came to be assigned the code KARB0000079.
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 KARB0000079, money simply cannot be routed to the CORPORATE FINANCE BRANCH branch electronically.
Account types you can open at the Corporate Finance Branch branch
Once you have an account at Karnataka Bank Limited – CORPORATE FINANCE BRANCH, the IFSC KARB0000079 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 Corporate Finance Branch 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 KARB0000079
How to transfer money using IFSC KARB0000079
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 KARB0000079 across all three.
NEFT to Karnataka Bank Limited, CORPORATE FINANCE BRANCH using IFSC KARB0000079
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC KARB0000079, and confirm that the system picks up Karnataka Bank Limited – CORPORATE FINANCE BRANCH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to CORPORATE FINANCE BRANCH
If you need to transfer ₹2 lakh or more in one go to an account at Karnataka Bank Limited's CORPORATE FINANCE BRANCH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC KARB0000079 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Karnataka Bank Limited – CORPORATE FINANCE BRANCH, use IMPS. With IFSC KARB0000079 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC KARB0000079 for Karnataka Bank Limited – CORPORATE FINANCE BRANCH, 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.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – KARB0000079 | Yes – KARB0000079 | Yes – KARB0000079 |
For most retail customers crediting the Corporate Finance Branch 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 KARB0000079
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 – CORPORATE FINANCE BRANCH is still mapped to IFSC KARB0000079. 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 KARB0000079 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Corporate Finance Branch 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 KARB0000079 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.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Karnataka Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC KARB0000079 and the account number together uniquely identify the Corporate Finance Branch branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC KARB0000079
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Karnataka Bank Limited – CORPORATE FINANCE BRANCH, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
KARB0000079. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Reaching the branch
The Corporate Finance Branch branch sits at 294-A,HAROON HOUSE,PERIN NARIMAN STREET,BEHIND R.B.I,FORT,MUMBAI, PIN - 400001. If you are travelling from outside Mumbai, search for the branch on a maps application using the bank name and locality, or call 22-22632715 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC KARB0000079 and your account number.
Verifying IFSC KARB0000079 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 KARB0000079 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 22-22632715.
- 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 Corporate Finance Branch branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC KARB0000079, however, work 24x7.
Branch address & contact
Karnataka Bank LimitedCorporate Finance Branch Branch
294-A,HAROON HOUSE,PERIN NARIMAN STREET,BEHIND R.B.I,FORT,MUMBAI, PIN - 400001
Mumbai, Maharashtra
Phone: 22-22632715
IFSC: KARB0000079
Frequently asked questions
What is the IFSC code of Karnataka Bank Limited Corporate Finance Branch branch?
The IFSC code of Karnataka Bank Limited, Corporate Finance Branch branch is KARB0000079. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Can I use IFSC KARB0000079 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC KARB0000079 to send funds instantly.
How quickly will an NEFT transfer using KARB0000079 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Karnataka Bank Limited – Corporate Finance Branch reflect within 30 minutes.
What is the phone number of Karnataka Bank Limited Corporate Finance Branch branch?
You can reach the branch at 22-22632715 during regular banking hours.
Is IFSC KARB0000079 valid for NEFT and RTGS?
Yes. IFSC KARB0000079 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC KARB0000079 the same for all accounts at Corporate Finance Branch branch?
Yes. The IFSC KARB0000079 is shared by every account held at Karnataka Bank Limited's Corporate Finance Branch branch. Only the account number changes from customer to customer.
Does Karnataka Bank Limited Corporate Finance Branch branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 22-22632715 to confirm.
How do I add Karnataka Bank Limited Corporate Finance Branch as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC KARB0000079, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code KARB0000079 belongs to Karnataka Bank Limited's CORPORATE FINANCE BRANCH branch, located at 294-A,HAROON HOUSE,PERIN NARIMAN STREET,BEHIND R.B.I,FORT,MUMBAI, PIN - 400001 in MUMBAI, MAHARASHTRA. 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.
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