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 Payangadi branch in Cannur, Payyannur, Kerala, 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 Cannur or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code CNRB0000730. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Payangadi, Cannur
The table below shows the main details of the IFSC Code CNRB0000730 for the Canara Bank branch in Cannur, which falls under the Payyannur district in Kerala.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0000730 |
| Branch | Payangadi |
| City | Cannur |
| District | Payyannur |
| State | Kerala |
| Address | Ep Xi/620-A, Busstand,(Po) Payangadi Rs Dist Kannur 670358 |
These details helps users in online banking and for businesses and individuals who use Canara Bank in Cannur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0000730 for the Payangadi branch of Canara Bank plays a vital 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 Payangadi, Cannur, Kerala, are allotted a unique IFSC like CNRB0000730 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 Payyannur.
- 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 Payangadi reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code CNRB0000730
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 Payangadi in Cannur.
For example, the IFSC Code CNRB0000730 of Canara Bank for the Payangadi branch has these elements, identifying the bank and the branch location in Cannur and Kerala correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0000730 of Canara Bank for its Payangadi branch located in Cannur, 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
Most banks, including Canara Bank branches in Cannur and Payyannur, print the IFSC and MICR codes 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 Payangadi or Cannur to get the exact IFSC Code CNRB0000730.
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 Cannur, you'll get the correct details.
How to Use IFSC Code CNRB0000730 for Online Transfers?
Once you have the IFSC Code CNRB0000730 for the Payangadi 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 CNRB0000730. 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 CNRB0000730.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Payangadi 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 Payangadi, 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 Payangadi Cannur branch is CNRB0000730.
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 Ep Xi/620-A, Busstand,(Po) Payangadi Rs Dist Kannur 670358.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.