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IFSC Code of Canara Bank, Tilakwadi, Belgaum, Karnataka — CNRB0000558

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 Tilakwadi branch in Belgaum, Belgaum, 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 Belgaum or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0000558. 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, Tilakwadi, Belgaum

The table below shows the main details of the IFSC Code CNRB0000558 for the Canara Bank branch in Belgaum, which falls under the Belgaum district in Karnataka.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0000558
Branch Tilakwadi
City Belgaum
District Belgaum
State Karnataka
Address Pb 525, 197-D/2 Khanpur Road Tilakwadi, Belgaum - 590006

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 CNRB0000558 for the Tilakwadi 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 that is provided by the Reserve Bank of India. A unique IFSC like CNRB0000558 is given to every bank branch, including Canara Bank located in Tilakwadi, Belgaum, Karnataka, to make sure that online payments reach the right place.

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 kind of confusion between multiple branches of the same bank across different places like Belgaum and Belgaum.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Tilakwadi doesn't end up at another location.

Format of the IFSC Code CNRB0000558

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Canara Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Tilakwadi in Belgaum.

For example, the IFSC Code CNRB0000558 of Canara Bank for the Tilakwadi 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 CNRB0000558 of Canara Bank for its Tilakwadi branch located in Belgaum, the following methods can help:

Cheque Book

The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Canara Bank branches in Belgaum and Belgaum, print them on the first page of your passbook.

Bank Website

Visit the official website of Canara Bank and navigate to the branch locator section. Search for Tilakwadi or Belgaum to get the exact IFSC Code CNRB0000558.

Mobile Banking App

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

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Canara Bank and Belgaum, you'll get the correct details.

How to Use IFSC Code CNRB0000558 for Online Transfers?

Once you have the IFSC Code CNRB0000558 for the Tilakwadi 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 CNRB0000558. 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 CNRB0000558.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Tilakwadi 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 Tilakwadi, 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 Tilakwadi, Belgaum?

The IFSC Code is CNRB0000558.

Is the IFSC Code CNRB0000558 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

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

What is the full address of the Tilakwadi branch?

The address of the branch is Pb 525, 197-D/2 Khanpur Road Tilakwadi, Belgaum - 590006 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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