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IFSC Code of Canara Bank, Belagavi Shahpur Ii, Belgaum, Karnataka — CNRB0010503

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Canara Bank for its Belagavi Shahpur Ii branch in Belgaum, Belgaum, Karnataka, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Canara Bank located in Belgaum or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0010503. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Belagavi Shahpur Ii, Belgaum

Here are the key points that are associated with the IFSC Code CNRB0010503 of Canara Bank for its branch located in Belgaum, within the district of Belgaum in the state of Karnataka.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0010503
Branch Belagavi Shahpur Ii
City Belgaum
District Belgaum
State Karnataka
Address Laxminarayana Building Mahatma Phule Road Shahpur Belgaum Belgaum 590 003

These details help users in online banking and for businesses and individuals who use Canara Bank in Belgaum for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0010503 for the Belagavi Shahpur Ii 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, including Canara Bank located in Belagavi Shahpur Ii, Belgaum, Karnataka, is provided with a unique IFSC like CNRB0010503 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Belgaum.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Belgaum and Belgaum.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Belagavi Shahpur Ii do not get mixed with another location.

Format of the IFSC Code CNRB0010503

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 Belagavi Shahpur Ii in Belgaum.

For example, the IFSC Code CNRB0010503 of Canara Bank for the Belagavi Shahpur Ii branch includes these elements, identifying the bank and the branch location in Belgaum and Karnataka accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0010503 of Canara Bank for its Belagavi Shahpur Ii branch located in Belgaum, 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 Belgaum and Belgaum, 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 Belagavi Shahpur Ii or Belgaum to get the exact IFSC Code CNRB0010503.

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 Belgaum that will provide accurate information.

How to Use IFSC Code CNRB0010503 for Online Transfers?

If you have the IFSC Code CNRB0010503 for the Belagavi Shahpur Ii branch of Canara Bank in Belgaum, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0010503. Transfers are processed in batches. 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. Asks for the recipient's account details and Canara Bank IFSC Code CNRB0010503.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Canara Bank Belagavi Shahpur Ii in Belgaum, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Canara Bank in Belagavi Shahpur Ii, you can find it by any of the following ways:

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

Having both IFSC and MICR codes helps account holders in Belgaum manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Belagavi Shahpur Ii, Belgaum?

The IFSC Code is CNRB0010503.

Is the IFSC Code CNRB0010503 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Canara Bank Belagavi Shahpur Ii?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Belagavi Shahpur Ii branch?

The address of the branch is Laxminarayana Building Mahatma Phule Road Shahpur Belgaum Belgaum 590 003 located in Belgaum, Belgaum, 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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