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 Yalwar branch in Bijapur, Yalwar, 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 Bijapur or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0010844. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Yalwar, Bijapur
The table below shows the main details of the IFSC Code CNRB0010844 for the Canara Bank branch in Bijapur, which falls under the Yalwar district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0010844 |
| Branch | Yalwar |
| City | Bijapur |
| District | Yalwar |
| State | Karnataka |
| Address | Yalwara Basavana Bagewadi Taluk Bijapur Dist Pin 586 203 |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Bijapur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0010844 for the Yalwar 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 that is provided by the Reserve Bank of India. A unique IFSC like CNRB0010844 is given to every bank branch, including Canara Bank located in Yalwar, Bijapur, 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 Bijapur.
- 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 Bijapur and Yalwar.
- 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 Yalwar doesn't end up at another location.
Format of the IFSC Code CNRB0010844
The format of the IFSC Code for banks, including Canara Bank, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Canara Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Yalwar in Bijapur.
For example, the IFSC Code CNRB0010844 of Canara Bank for the Yalwar branch includes these elements, identifying the bank and the branch location in Bijapur and Karnataka correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0010844 of Canara Bank for its Yalwar branch located in Bijapur, 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 Bijapur and Yalwar, 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 Yalwar or Bijapur to get the exact IFSC Code CNRB0010844.
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 Bijapur, you'll get the correct details.
How to Use IFSC Code CNRB0010844 for Online Transfers?
If you have the IFSC Code CNRB0010844 for the Yalwar branch of Canara Bank in Bijapur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0010844. Transfers are processed in batches. 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. Asks for the recipient's account details and Canara Bank IFSC Code CNRB0010844.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Canara Bank Yalwar in Bijapur, it may result in delayed or failed transactions.
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 Yalwar, 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 Bijapur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0010844.
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 Yalwara Basavana Bagewadi Taluk Bijapur Dist Pin 586 203 located in Bijapur, Yalwar, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.