Below are the complete branch details for Karnataka Bank Limited, RAIPUR CHATTISGARH branch, located in RAIPUR, CHHATTISGARH. The IFSC assigned by the Reserve Bank of India to this branch is KARB0000659. 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 KARB0000659 for Karnataka Bank Limited – RAIPUR CHATTISGARH — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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 RAIPUR CHATTISGARH branch, the IFSC KARB0000659 breaks down as follows: KARB identifies the bank, 0 is the reserved character, and 000659 identifies this particular branch.
Bank profile
Karnataka Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The Raipur Chattisgarh branch — IFSC KARB0000659 — extends the bank's services to customers in and around Raipur, Chhattisgarh.
About this branch
The branch is located at PLOT NO.2,TAANK BUSINESS TOWER JAIL ROAD,RAIPUR, PIN - 492009. It serves the Raipur 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 KARB0000659 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Karnataka Bank Limited |
|---|---|
| Branch | Raipur Chattisgarh |
| IFSC Code | KARB0000659 |
| MICR Code | Refer to cheque leaf |
| Branch Address | PLOT NO.2,TAANK BUSINESS TOWER JAIL ROAD,RAIPUR, PIN - 492009 |
| City | Raipur |
| District | Raipur |
| State | Chhattisgarh |
| STD Code | 771 |
| Phone | 2880021 |
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 RAIPUR CHATTISGARH branch came to be assigned the code KARB0000659.
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 KARB0000659, money simply cannot be routed to the RAIPUR CHATTISGARH branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Raipur Chattisgarh branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC KARB0000659 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC KARB0000659
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 KARB0000659 across all three.
NEFT to Karnataka Bank Limited, RAIPUR CHATTISGARH using IFSC KARB0000659
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 KARB0000659, and confirm that the system picks up Karnataka Bank Limited – RAIPUR CHATTISGARH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to RAIPUR CHATTISGARH
If you need to transfer ₹2 lakh or more in one go to an account at Karnataka Bank Limited's RAIPUR CHATTISGARH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC KARB0000659 while initiating the transfer and the credit will appear within minutes.
IMPS to Karnataka Bank Limited RAIPUR CHATTISGARH (IFSC KARB0000659)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC KARB0000659 in your mobile or internet banking app, and the money is credited to the RAIPUR CHATTISGARH branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC KARB0000659 for Karnataka Bank Limited – RAIPUR CHATTISGARH, 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 – KARB0000659 | Yes – KARB0000659 | Yes – KARB0000659 |
For most retail customers crediting the Raipur Chattisgarh 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.
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 RAIPUR CHATTISGARH branch, the IFSC KARB0000659 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 Raipur Chattisgarh branch
Once you have an account at Karnataka Bank Limited – RAIPUR CHATTISGARH, the IFSC KARB0000659 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 Raipur Chattisgarh branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 771-2880021.
- 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 KARB0000659
Online banking and IFSC KARB0000659
Karnataka Bank Limited customers can register for net banking and the bank's official mobile app once their account at the RAIPUR CHATTISGARH 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 KARB0000659 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.
Reaching the branch
The Raipur Chattisgarh branch sits at PLOT NO.2,TAANK BUSINESS TOWER JAIL ROAD,RAIPUR, PIN - 492009. If you are travelling from outside Raipur, search for the branch on a maps application using the bank name and locality, or call 771-2880021 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 KARB0000659 and your account number.
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 – RAIPUR CHATTISGARH:
- The IFSC is exactly KARB0000659 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 RAIPUR CHATTISGARH 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.
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 Raipur Chattisgarh branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC KARB0000659, however, work 24x7.
Verifying IFSC KARB0000659 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 KARB0000659 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 771-2880021.
- Visiting the bank's official branch locator page.
Branch address & contact
Karnataka Bank LimitedRaipur Chattisgarh Branch
PLOT NO.2,TAANK BUSINESS TOWER JAIL ROAD,RAIPUR, PIN - 492009
Raipur, Chhattisgarh
Phone: 771-2880021
IFSC: KARB0000659
Frequently asked questions
Can I use IFSC KARB0000659 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC KARB0000659 to send funds instantly.
Where is Karnataka Bank Limited Raipur Chattisgarh branch located?
Karnataka Bank Limited's Raipur Chattisgarh branch is located at PLOT NO.2,TAANK BUSINESS TOWER JAIL ROAD,RAIPUR, PIN - 492009, Raipur, Chhattisgarh.
How do I add Karnataka Bank Limited Raipur Chattisgarh as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC KARB0000659, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC KARB0000659 valid for NEFT and RTGS?
Yes. IFSC KARB0000659 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC KARB0000659 the same for all accounts at Raipur Chattisgarh branch?
Yes. The IFSC KARB0000659 is shared by every account held at Karnataka Bank Limited's Raipur Chattisgarh branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using KARB0000659 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Karnataka Bank Limited – Raipur Chattisgarh reflect within 30 minutes.
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 Raipur Chattisgarh branch but serve different purposes.
Summary
The IFSC code KARB0000659 belongs to Karnataka Bank Limited's RAIPUR CHATTISGARH branch, located at PLOT NO.2,TAANK BUSINESS TOWER JAIL ROAD,RAIPUR, PIN - 492009 in RAIPUR, CHHATTISGARH. 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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