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 Yamakanamardi branch in Belgaum, Yamakanmardi, 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 CNRB0010545. 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, Yamakanamardi, Belgaum
The table below shows the main details of the IFSC Code CNRB0010545 for the Canara Bank branch in Belgaum, which falls under the Yamakanmardi district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0010545 |
| Branch | Yamakanamardi |
| City | Belgaum |
| District | Yamakanmardi |
| State | Karnataka |
| Address | Hanji Building Yamakanamardi Distt Belgaum Karnataka 591 245 |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Belgaum for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0010545 for the Yamakanamardi branch of Canara Bank is vital.
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 Yamakanamardi, Belgaum, Karnataka, is provided with a unique IFSC like CNRB0010545 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 Yamakanmardi.
- 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 Yamakanamardi do not get mixed with another location.
Format of the IFSC Code CNRB0010545
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 Yamakanamardi in Belgaum.
For example, the IFSC Code CNRB0010545 of Canara Bank for the Yamakanamardi branch includes these elements, identifying the bank and the branch location in Belgaum and Karnataka accurately.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0010545 of Canara Bank for its Yamakanamardi branch located in Belgaum, the following methods can help you out:
Cheque Book
The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Canara Bank branches in Belgaum and Yamakanmardi, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Canara Bank and go to the branch locator section. Then search for Yamakanamardi or Belgaum to find the exact IFSC Code CNRB0010545.
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 maintains an updated database of all IFSC codes. Searching for Canara Bank and Belgaum will provide accurate information.
How to Use IFSC Code CNRB0010545 for Online Transfers?
Once you have the IFSC Code CNRB0010545 for the Yamakanamardi 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 CNRB0010545. 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 CNRB0010545.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Yamakanamardi 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 are very different from IFSC codes. If you are looking for the MICR code of Canara Bank in Yamakanamardi, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Belgaum manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0010545.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Hanji Building Yamakanamardi Distt Belgaum Karnataka 591 245 located in Belgaum, Yamakanmardi, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.