For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Canara Bank for its Yamare branch in Bengaluru, Yamare, Karnataka, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Canara Bank located in Bengaluru or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0007339. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Yamare, Bengaluru
Here are the key points that are associated with the IFSC Code CNRB0007339 of Canara Bank for its branch located in Bengaluru, within the district of Yamare in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0007339 |
| Branch | Yamare |
| City | Bengaluru |
| District | Yamare |
| State | Karnataka |
| Address | Sy No 59-7, Oppo Ibo Wholesale, Yamare Village, Sarjapura Road, Bengaluru |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Bengaluru for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0007339 for the Yamare 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 provided by the Reserve Bank of India. Every bank branch, along with Canara Bank located in Yamare, Bengaluru, Karnataka, are allotted a unique IFSC like CNRB0007339 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bengaluru.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Bengaluru and Yamare.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Canara Bank in Yamare reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code CNRB0007339
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 Yamare in Bengaluru.
For example, the IFSC Code CNRB0007339 of Canara Bank for the Yamare branch has these elements, identifying the bank and the branch location in Bengaluru and Karnataka correctly.
How to Find IFSC Code for Canara Bank?
If you are looking for the IFSC Code CNRB0007339 of Canara Bank for its Yamare branch located in Bengaluru, the following methods can help:
Cheque Book
The cheque book that is issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Canara Bank branches in Bengaluru and Yamare, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Canara Bank and look for the branch locator section, then search for Yamare or Bengaluru to get the exact IFSC Code CNRB0007339.
Mobile Banking App
If you use Canara Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Canara Bank and Bengaluru, then it will provide you proper information.
How to Use IFSC Code CNRB0007339 for Online Transfers?
Once you have the IFSC Code CNRB0007339 for the Yamare branch of Canara Bank in Bengaluru, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0007339. 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 CNRB0007339.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Yamare in Bengaluru, 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 Yamare, 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 Bengaluru manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0007339.
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 Sy No 59-7, Oppo Ibo Wholesale, Yamare Village, Sarjapura Road, Bengaluru located in Bengaluru, Yamare, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.