There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Canara Bank for its Chakkarakkallu branch in Cannur, Cannur, Kerala, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Canara Bank situated in Cannur or anywhere in Kerala can easily transfer funds instantly by using the correct IFSC Code CNRB0004698. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Chakkarakkallu, Cannur
Here are some of the key details that come with the IFSC Code CNRB0004698 of Canara Bank for its branch located in Cannur, within the district of Cannur in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0004698 |
| Branch | Chakkarakkallu |
| City | Cannur |
| District | Cannur |
| State | Kerala |
| Address | Canara Bank Gnd Floor,Gokulam Kalyana,Mandapam Bldg,Hosp Rd,Mowanchery Po,Kannur Chakkarakkallu Kerala 670613 |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Cannur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0004698 for the Chakkarakkallu 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, along with Canara Bank located in Chakkarakkallu, Cannur, Kerala, are allotted a unique IFSC like CNRB0004698 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Cannur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Cannur and Cannur.
- 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 Chakkarakkallu reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code CNRB0004698
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 Chakkarakkallu in Cannur.
For example, the IFSC Code CNRB0004698 of Canara Bank for the Chakkarakkallu branch has these elements, identifying the bank and the branch location in Cannur and Kerala correctly.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0004698 of Canara Bank for its Chakkarakkallu branch located in Cannur, 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 Cannur and Cannur, 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 Chakkarakkallu or Cannur to find the exact IFSC Code CNRB0004698.
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 Cannur will provide accurate information.
How to Use IFSC Code CNRB0004698 for Online Transfers?
Once you have the IFSC Code CNRB0004698 for the Chakkarakkallu branch of Canara Bank in Cannur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0004698. 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 CNRB0004698.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Chakkarakkallu in Cannur 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 Chakkarakkallu, 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 Cannur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Chakkarakkallu Cannur branch is CNRB0004698.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Canara Bank Gnd Floor,Gokulam Kalyana,Mandapam Bldg,Hosp Rd,Mowanchery Po,Kannur Chakkarakkallu Kerala 670613.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.