This page lists the IFSC code, branch address, contact number and fund-transfer information for Karnataka Bank Limited, YELAWALA branch in MYSURU. The 11-digit IFSC KARB0001027 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Karnataka Bank Limited at the YELAWALA location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Karnataka Bank Limited's YELAWALA branch, the IFSC KARB0001027 breaks down as follows: KARB identifies the bank, 0 is the reserved character, and 001027 identifies this particular branch.
Branch details at a glance
| Bank Name | Karnataka Bank Limited |
|---|---|
| Branch | Yelawala |
| IFSC Code | KARB0001027 |
| MICR Code | Refer to cheque leaf |
| Branch Address | UPPER GROUND FLOOR, NINGEGOWDA & BETTAMMA COMPLEX, NEAR SANTHEMALA, YELAWALA - 571 130 MYSURU TALUK AND DISTRICT, KARNATAKA STATE |
| City | Mysuru |
| District | Mysuru |
| State | Karnataka |
| STD Code | 0 |
| Phone | 0 |
About Karnataka Bank Limited
Karnataka Bank Limited operates a wide network of branches across India, including the Yelawala branch in Mysuru. 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, KARB0001027.
About this branch
The branch is located at UPPER GROUND FLOOR, NINGEGOWDA & BETTAMMA COMPLEX, NEAR SANTHEMALA, YELAWALA - 571 130 MYSURU TALUK AND DISTRICT, KARNATAKA STATE. It serves the Mysuru 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 KARB0001027 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 YELAWALA branch came to be assigned the code KARB0001027.
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 KARB0001027, money simply cannot be routed to the YELAWALA branch electronically.
How to transfer money using IFSC KARB0001027
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 KARB0001027 across all three.
NEFT to Karnataka Bank Limited, YELAWALA using IFSC KARB0001027
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 KARB0001027, and confirm that the system picks up Karnataka Bank Limited – YELAWALA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC KARB0001027
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Karnataka Bank Limited – YELAWALA, ensure your bank's portal accepts IFSC KARB0001027 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Karnataka Bank Limited YELAWALA (IFSC KARB0001027)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC KARB0001027 in your mobile or internet banking app, and the money is credited to the YELAWALA branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Yelawala
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC KARB0001027:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at YELAWALA is still linked to IFSC KARB0001027.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Karnataka Bank Limited's YELAWALA branch, the IFSC KARB0001027 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Account types you can open at the Yelawala branch
Once you have an account at Karnataka Bank Limited – YELAWALA, the IFSC KARB0001027 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.
Banking services available
The Yelawala branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 0.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC KARB0001027
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 KARB0001027 and the account number together uniquely identify the Yelawala branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC KARB0001027
Karnataka Bank Limited customers can register for net banking and the bank's official mobile app once their account at the YELAWALA branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC KARB0001027 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
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 – YELAWALA:
- The IFSC is exactly KARB0001027 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 YELAWALA 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.
Reaching the branch
The Yelawala branch sits at UPPER GROUND FLOOR, NINGEGOWDA & BETTAMMA COMPLEX, NEAR SANTHEMALA, YELAWALA - 571 130 MYSURU TALUK AND DISTRICT, KARNATAKA STATE. If you are travelling from outside Mysuru, search for the branch on a maps application using the bank name and locality, or call 0 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 KARB0001027 and your account number.
Verifying IFSC KARB0001027 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 KARB0001027 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 0.
- 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 Yelawala branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC KARB0001027, however, work 24x7.
Branch address & contact
Karnataka Bank LimitedYelawala Branch
UPPER GROUND FLOOR, NINGEGOWDA & BETTAMMA COMPLEX, NEAR SANTHEMALA, YELAWALA - 571 130 MYSURU TALUK AND DISTRICT, KARNATAKA STATE
Mysuru, Karnataka
Phone: 0
IFSC: KARB0001027
Frequently asked questions
Is IFSC KARB0001027 valid for NEFT and RTGS?
Yes. IFSC KARB0001027 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add Karnataka Bank Limited Yelawala as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC KARB0001027, and complete OTP verification. Once activated, you can transfer funds at any time.
How quickly will an NEFT transfer using KARB0001027 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Karnataka Bank Limited – Yelawala reflect within 30 minutes.
Does Karnataka Bank Limited Yelawala branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 0 to confirm.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Yelawala branch but serve different purposes.
What is the phone number of Karnataka Bank Limited Yelawala branch?
You can reach the branch at 0 during regular banking hours.
Summary
The IFSC code KARB0001027 belongs to Karnataka Bank Limited's YELAWALA branch, located at UPPER GROUND FLOOR, NINGEGOWDA & BETTAMMA COMPLEX, NEAR SANTHEMALA, YELAWALA -… in MYSURU, 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.
