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 Maddur (Chamarajanagar Dist) branch in Chamarajanagar, Yelandur, 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 Chamarajanagar or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0004039. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Maddur (Chamarajanagar Dist), Chamarajanagar
The table below shows the main details of the IFSC Code CNRB0004039 for the Canara Bank branch in Chamarajanagar, which falls under the Yelandur district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0004039 |
| Branch | Maddur (Chamarajanagar Dist) |
| City | Chamarajanagar |
| District | Yelandur |
| State | Karnataka |
| Address | Canara Bank, Maddur (Chamarajanagar Dist) Branch, Near Amebedkar Samudaya Bhavan, Main Road, Maddur Village And Post, Yelandur Taluk, Chamarajanagar Dist, Karnataka-571441 |
These details helps users in online banking and for businesses and individuals who use Canara Bank in Chamarajanagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0004039 for the Maddur (Chamarajanagar Dist) 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 Maddur (Chamarajanagar Dist), Chamarajanagar, Karnataka, are given a unique IFSC like CNRB0004039 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Chamarajanagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Chamarajanagar and Yelandur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Canara Bank in Maddur (Chamarajanagar Dist) goes to the correct branch. This is important because Canara Bank has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code CNRB0004039
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): 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 Maddur (Chamarajanagar Dist) in Chamarajanagar.
For example, the IFSC Code CNRB0004039 of Canara Bank for the Maddur (Chamarajanagar Dist) branch includes these elements, identifying the bank and the branch location in Chamarajanagar and Karnataka accurately.
How to Find IFSC Code for Canara Bank?
If you are looking for the IFSC Code CNRB0004039 of Canara Bank for its Maddur (Chamarajanagar Dist) branch located in Chamarajanagar, 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 Chamarajanagar and Yelandur, 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 Maddur (Chamarajanagar Dist) or Chamarajanagar to get the exact IFSC Code CNRB0004039.
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 Chamarajanagar, then it will provide you proper information.
How to Use IFSC Code CNRB0004039 for Online Transfers?
Once you have the IFSC Code CNRB0004039 for the Maddur (Chamarajanagar Dist) branch of Canara Bank in Chamarajanagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0004039. 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 CNRB0004039.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Maddur (Chamarajanagar Dist) in Chamarajanagar, 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 Maddur (Chamarajanagar Dist), 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 Chamarajanagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Maddur (Chamarajanagar Dist) Chamarajanagar branch is CNRB0004039.
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, Maddur (Chamarajanagar Dist) Branch, Near Amebedkar Samudaya Bhavan, Main Road, Maddur Village And Post, Yelandur Taluk, Chamarajanagar Dist, Karnataka-571441.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.