The Karanataka State Cooperative Apex Bank Limited

RBI has allotted the Indian Financial System Code in short denoted as IFSC codes to all the bank branches in India. IFSC codes are unique 11-digit codes with alphanumeric characters. These codes help the users to ensure that the transferred funds go to the right person account, without any errors.

For example, we can take the IFSC code: "KSCB0007001" - of The Karnataka State Cooperative Apex Bank Limited branch in Ashoka Road, Mysore, Karnataka.

• Here, the first four alphabets, KSCB, indicate the bank name, i.e., The Karnataka State Cooperative Apex Bank Limited.
• The fifth digit is 0 (zero) - provided for future use.
• The last six digits 007001 - denotes a particular branch at Ashoka Road, Mysore, Karnataka.

This IFSC code can be used for online money transactions via NEFT, RTGS and IMPS to any The Karnataka State Cooperative Apex Bank Limited account or to other bank accounts. According to RBI guidelines, the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India. This code helps to avoid the risk factor while sending and receiving funds through banks in our country.

Easy way to find The Karnataka State Cooperative Apex Bank Limited IFSC Code and MICR Code?

The customer can find MICR codes and IFSC codes which are printed on passbook and cheque books/ leaves issued by The Karnataka State Cooperative Apex Bank Limited. The website of Reserve Bank of India also offers the entire list of IFSC codes required for the account holder. The customers can also enter into the bank's official website.

Customers by clicking the link will lead to another page where four columns are displayed. Customers must feed some bank details like the state in which it is located, the district in which it is located and branch name to get IFSC codes or MICR codes.

The Karanataka State Cooperative Apex Bank Limited Branch Details

• Karnataka

ABOUT KARNATAKA STATE COOPERATIVE APEX BANK

• The Karnataka State Cooperative Apex Bank Limited was registered on 10 November 1915 under the name and style of 'The Mysore Provincial Cooperative Bank Limited', under the Mysore Co-operative Societies Act of 1905.


• he bank was not an Apex institution at that time, as it was not exclusively meant for financing the co-operatives in the then State of Mysore. Another Bank called the Bangalore Central Co-operative Bank Limited, Bangalore (which was later converted into an urban bank), which was registered in 1905, was also financing the co-operatives.


• The bank was founded with the objective of financing, inspecting and supervising the co-operative societies in the Mysore State. Subsequently, several district co-operative central banks with the jurisdiction of a district were registered.


• Five such district central banks were started. But their work was not satisfactory and they became defunct. As such, the provincial bank started financing the societies directly. Besides granting loans, the bank served as an outlet for investment of the surplus funds of the co-operative societies in the State.


• The bank thus acts as the balancing centre of the Co-operative Movement in the State, safeguarding its interests. Accordingly, the Government passed orders on 14 and 15 September 1925 permitting the Mysore Provisional Bank to get itself converted into an Apex Bank with the jurisdiction extending over the entire State for financing the co-operative societies exclusively and the bank thereafter was named as the Mysore Provincial Co-operative Apex Bank Limited popularly known as "Apex Bank".

ADDRESS:
The Karnataka State Cooperative Apex Bank Limited,
Uthunga, No.1, Pampamahakavi Road,
Chamarajpet, Bengaluru - 560 018,
Karnataka, India.
For further details contact:080-22976600, 26676325, 22428092, 26679374.
Email: mis@karnatakaapex.com
Website: www.karnatakaapex.com