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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Canara Bank for its Sureban branch in Belgaum, Sureban, or Karnataka, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Canara Bank located in Belgaum or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0010516. 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, Sureban, Belgaum

Here are the key points that are associated with the IFSC Code CNRB0010516 of Canara Bank for its branch located in Belgaum, within the district of Sureban in the state of Karnataka.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0010516
Branch Sureban
City Belgaum
District Sureban
State Karnataka
Address Rsyaligod Bldg Main Road Sureban591 127 Distbelgaum Karnatak

These details helps 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 CNRB0010516 for the Sureban branch of Canara Bank plays a vital 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 Sureban, Belgaum, Karnataka, are given a unique IFSC like CNRB0010516 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 Sureban.
  • 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 Sureban 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 CNRB0010516

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): These represent the bank code. In Canara Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Sureban in Belgaum.

For example, the IFSC Code CNRB0010516 of Canara Bank for the Sureban branch has these elements, identifying the bank and the branch location in Belgaum and Karnataka correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0010516 of Canara Bank for its Sureban 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 Sureban, 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 Sureban or Belgaum to get the exact IFSC Code CNRB0010516.

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 CNRB0010516 for Online Transfers?

If you have the IFSC Code CNRB0010516 for the Sureban 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 CNRB0010516. 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 CNRB0010516.

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 Sureban in Belgaum, it 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 Sureban, 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 in Sureban, Belgaum?

The IFSC Code is CNRB0010516.

Is the IFSC Code CNRB0010516 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 Sureban?

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 Sureban branch?

The address of the branch is Rsyaligod Bldg Main Road Sureban591 127 Distbelgaum Karnatak located in Belgaum, Sureban, 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.