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It is very important to find MICR code 160052003 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the MICR Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify 160052003 MICR code branch is the cheque book. Most banks now print MICR Codes on the cheque books. Also, your account pass book should have the MICR Code printed.
160052003 is the MICR Code for Mohali Punjab branch of Karnataka Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Karnataka Bank account. The address of Mohali Punjab branch is Scf 43,phase 3 b ii,sector 59,sas nagar,mohali 160059, which is located in Rupnagar District of Punjab State.
In Karnataka Bank MICR Code, the first 4 characters (1600) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (2003) represent the Karnataka Bank branch code.
Find more information on MICR Code 160052003 of Karnataka Bank Mohali Punjab Branch MICR Code Mohali for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 160052003 details before initiating any transaction!