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 Karatagi Ii branch in Bellary, Karatgi, 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 Bellary or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0011823. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Karatagi Ii, Bellary
Here are the key points that are associated with the IFSC Code CNRB0011823 of Canara Bank for its branch located in Bellary, within the district of Karatgi in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0011823 |
| Branch | Karatagi Ii |
| City | Bellary |
| District | Karatgi |
| State | Karnataka |
| Address | No 2 2 86 Main Roadkaratagi Gangavathy Taluk Koppal Dist Karatgi 583229 |
These details help users in online banking and for businesses and individuals who use Canara Bank in Bellary for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0011823 for the Karatagi 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 Karatagi Ii, Bellary, Karnataka, is provided with a unique IFSC like CNRB0011823 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Bellary.
- 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 Bellary and Karatgi.
- 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 Karatagi Ii do not get mixed with another location.
Format of the IFSC Code CNRB0011823
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 Karatagi Ii in Bellary.
For example, the IFSC Code CNRB0011823 of Canara Bank for the Karatagi Ii branch has these elements, identifying the bank and the branch location in Bellary and Karnataka correctly.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0011823 of Canara Bank for its Karatagi Ii branch located in Bellary, 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 Bellary and Karatgi, 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 Karatagi Ii or Bellary to find the exact IFSC Code CNRB0011823.
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 Bellary will provide accurate information.
How to Use IFSC Code CNRB0011823 for Online Transfers?
Once you have the IFSC Code CNRB0011823 for the Karatagi Ii branch of Canara Bank in Bellary, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0011823. Transfers are processed in batches. This is 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. Requires the recipient's account details and Canara Bank IFSC Code CNRB0011823.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Karatagi Ii in Bellary 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 Karatagi Ii, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Bellary manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0011823.
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 No 2 2 86 Main Roadkaratagi Gangavathy Taluk Koppal Dist Karatgi 583229 located in Bellary, Karatgi, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.