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 Muttom branch in Cannur, Payangadi, 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 CNRB0014236. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Payangadi Muttom, Cannur
Below in the table are the key details related to IFSC Code CNRB0014236 of Canara Bank for its branch located in Cannur, within the district of Payangadi in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0014236 |
| Branch | Payangadi Muttom |
| City | Cannur |
| District | Payangadi |
| State | Kerala |
| Address | Writers Building Eripuram Po Payangadi Muttom Kannur 670303 |
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 CNRB0014236 for the Payangadi Muttom 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 Muttom, Cannur, Kerala, are allotted a unique IFSC like CNRB0014236 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 Payangadi.
- 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 Muttom reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code CNRB0014236
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 Muttom in Cannur.
For example, the IFSC Code CNRB0014236 of Canara Bank for the Payangadi Muttom 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 CNRB0014236 of Canara Bank for its Payangadi Muttom branch located in Cannur, the following methods can help:
Cheque Book
The cheque books that are issued by Canara Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Canara Bank branches in Cannur and Payangadi, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Canara Bank and find the branch locator section. Search for Payangadi Muttom or Cannur to get the exact IFSC Code CNRB0014236.
Mobile Banking App
If you use Canara Bank's mobile app, you can easily 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 to help you in searching for Canara Bank and Cannur that will provide accurate information.
How to Use IFSC Code CNRB0014236 for Online Transfers?
Once you have the IFSC Code CNRB0014236 for the Payangadi Muttom branch of Canara Bank in Cannur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0014236. The transfer is completed in batches instead of instantly. It is useful for both 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 CNRB0014236.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Payangadi Muttom in Cannur, 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 Payangadi Muttom, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Cannur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0014236.
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 Writers Building Eripuram Po Payangadi Muttom Kannur 670303 located in Cannur, Payangadi, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.