Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Canara Bank for its Penakacherla branch in Anantapur, Penakacherla, Andhra Pradesh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Canara Bank located in Anantapur or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code CNRB0013140. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Penakacherla, Anantapur

Here are some of the key details that come with the IFSC Code CNRB0013140 of Canara Bank for its branch located in Anantapur, within the district of Penakacherla in the state of Andhra Pradesh.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0013140
Branch Penakacherla
City Anantapur
District Penakacherla
State Andhra Pradesh
Address Penakacherla Damgarladinne Mandalpin 515 736

These details help users in online banking and for businesses and individuals who use Canara Bank in Anantapur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0013140 for the Penakacherla branch of Canara Bank has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Canara Bank located in Penakacherla, Anantapur, Andhra Pradesh, are allotted a unique IFSC like CNRB0013140 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Anantapur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Anantapur and Penakacherla.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Canara Bank in Penakacherla reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.

Format of the IFSC Code CNRB0013140

The format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Canara Bank, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Penakacherla in Anantapur.

For example, the IFSC Code CNRB0013140 of Canara Bank for the Penakacherla branch includes these elements, identifying the bank and the branch location in Anantapur and Andhra Pradesh accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0013140 of Canara Bank for its Penakacherla branch located in Anantapur, the following methods can help:

Cheque Book

The cheque books that are issued by Canara Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Canara Bank branches in Anantapur and Penakacherla, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Canara Bank and find the branch locator section. Search for Penakacherla or Anantapur to get the exact IFSC Code CNRB0013140.

Mobile Banking App

If you use Canara Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Canara Bank and Anantapur that will provide accurate information.

How to Use IFSC Code CNRB0013140 for Online Transfers?

Once you have the IFSC Code CNRB0013140 for the Penakacherla branch of Canara Bank in Anantapur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0013140. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Canara Bank IFSC Code CNRB0013140.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Penakacherla in Anantapur, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Canara Bank in Penakacherla, here are some ways to obtain it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Canara Bank website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Anantapur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Penakacherla, Anantapur?

The IFSC Code is CNRB0013140.

Is the IFSC Code CNRB0013140 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Penakacherla?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Penakacherla branch?

The address of the branch is Penakacherla Damgarladinne Mandalpin 515 736 located in Anantapur, Penakacherla, Andhra Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.