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IFSC Code of Canara Bank, Shirur Bagalkotee Dist, Shirur, Karnataka — CNRB0010823

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 Shirur Bagalkotee Dist branch in Bagalkote, Shirur, Karnataka, 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 Bagalkote or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0010823. 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, Shirur Bagalkotee Dist, Bagalkote

Here are the main details that are associated with the IFSC Code CNRB0010823 of Canara Bank for its branch located in Bagalkote, within the district of Shirur in the state of Karnataka.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0010823
Branch Shirur Bagalkotee Dist
City Bagalkote
District Shirur
State Karnataka
Address Venkatesh Nilaya Patils Building Shirur Bagalkotee 587 132

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Bagalkote for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0010823 for the Shirur Bagalkotee Dist branch of Canara Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Shirur Bagalkotee Dist, Bagalkote, Karnataka, is provided a unique IFSC like CNRB0010823 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Canara Bank branch in Bagalkote.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Bagalkote and Shirur.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Karnataka and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Shirur Bagalkotee Dist do not get misguided to another person.

Format of the IFSC Code CNRB0010823

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Canara Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Shirur Bagalkotee Dist in Bagalkote.

For example, the IFSC Code CNRB0010823 of Canara Bank for the Shirur Bagalkotee Dist branch includes these elements, identifying the bank and the branch location in Bagalkote and Karnataka accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0010823 of Canara Bank for its Shirur Bagalkotee Dist branch located in Bagalkote, 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 Bagalkote and Shirur, 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 Shirur Bagalkotee Dist or Bagalkote to get the exact IFSC Code CNRB0010823.

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 Bagalkote that will provide accurate information.

How to Use IFSC Code CNRB0010823 for Online Transfers?

Once you have the IFSC Code CNRB0010823 for the Shirur Bagalkotee Dist branch of Canara Bank in Bagalkote, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0010823. Transfers are processed in batches. This is suitable for personal and business payments.

RTGS

Used for high-value payments above ₹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 CNRB0010823.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Shirur Bagalkotee Dist in Bagalkote may result in delayed or failed transactions.

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 Shirur Bagalkotee Dist, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Bagalkote manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Shirur Bagalkotee Dist, Bagalkote?

The IFSC Code is CNRB0010823.

Is the IFSC Code CNRB0010823 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 Shirur Bagalkotee Dist?

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 Shirur Bagalkotee Dist branch?

The address of the branch is Venkatesh Nilaya Patils Building Shirur Bagalkotee 587 132 located in Bagalkote, Shirur, Karnataka.

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.

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