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 Veniveerapura branch in Bellary, Bellary, 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 Bellary or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0010640. 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, Veniveerapura, Bellary

Here are the main details that are associated with the IFSC Code CNRB0010640 of Canara Bank for its branch located in Bellary, within the district of Bellary in the state of Karnataka.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0010640
Branch Veniveerapura
City Bellary
District Bellary
State Karnataka
Address H O K Nagesh S O Doddabasappa Veniveerapura Post Bellary Karnataka India 583115

These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Bellary for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0010640 for the Veniveerapura branch of Canara Bank has an important 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 CNRB0010640 is given to every bank branch, including Canara Bank located in Veniveerapura, Bellary, 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 Bellary.
  • 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 Bellary and Bellary.
  • 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 Veniveerapura doesn't end up at another location.

Format of the IFSC Code CNRB0010640

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 Veniveerapura in Bellary.

For example, the IFSC Code CNRB0010640 of Canara Bank for the Veniveerapura branch includes these elements, identifying the bank and the branch location in Bellary and Karnataka accurately.

How to Find IFSC Code for Canara Bank?

To find the IFSC Code CNRB0010640 of Canara Bank for its Veniveerapura 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 Bellary, 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 Veniveerapura or Bellary to find the exact IFSC Code CNRB0010640.

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 CNRB0010640 for Online Transfers?

Once you have the IFSC Code CNRB0010640 for the Veniveerapura branch of Canara Bank in Bellary, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0010640. 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 CNRB0010640.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Veniveerapura in Bellary, 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 Veniveerapura, 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)

What is the IFSC Code of Canara Bank in Veniveerapura, Bellary?

The IFSC Code is CNRB0010640.

Is the IFSC Code CNRB0010640 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 Veniveerapura?

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 Veniveerapura branch?

The address of the branch is H O K Nagesh S O Doddabasappa Veniveerapura Post Bellary Karnataka India 583115 located in Bellary, Bellary, 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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