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IFSC Code of Canara Bank, Nesargi, Bailhongal, Karnataka — CNRB0010588

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Canara Bank for its Nesargi branch in Belgaum, Bailhongal, Karnataka, this complete guide will provide you with detailed information.

The banking system in India has changed 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 CNRB0010588. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Nesargi, Belgaum

Here are the main details that are associated with the IFSC Code CNRB0010588 of Canara Bank for its branch located in Belgaum, within the district of Bailhongal in the state of Karnataka.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0010588
Branch Nesargi
City Belgaum
District Bailhongal
State Karnataka
Address Vpc No 1105 By A Village Nesargi Taluk Bailhongal Belgaum Belgaum Karnataka 591121

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 CNRB0010588 for the Nesargi 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 Nesargi, Belgaum, Karnataka, are given a unique IFSC like CNRB0010588 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It helps ensure that any money sent to Canara Bank in Nesargi goes to the correct branch. This is important because Canara Bank has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CNRB0010588

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 Nesargi in Belgaum.

For example, the IFSC Code CNRB0010588 of Canara Bank for the Nesargi 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 CNRB0010588 of Canara Bank for its Nesargi 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 Bailhongal, 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 Nesargi or Belgaum to get the exact IFSC Code CNRB0010588.

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 CNRB0010588 for Online Transfers?

Once you have the IFSC Code CNRB0010588 for the Nesargi branch of Canara Bank in Belgaum, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0010588. The transfer is completed in batches instead of instantly. It is useful for both 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 CNRB0010588.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Nesargi in Belgaum, 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 Nesargi, 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 Belgaum to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank Nesargi Belgaum?

The IFSC Code of the Nesargi Belgaum branch is CNRB0010588.

Is IFSC Code CNRB0010588 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Canara Bank Nesargi branch?

The branch is located at Vpc No 1105 By A Village Nesargi Taluk Bailhongal Belgaum Belgaum Karnataka 591121.

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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