Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Canara Bank for its Chennai Govt. Business Branch branch in Chennai, Chennai, Tamil Nadu, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Canara Bank located in Chennai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code CNRB0006160. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Chennai Govt. Business Branch, Chennai

Here are the main details that are associated with the IFSC Code CNRB0006160 of Canara Bank for its branch located in Chennai, within the district of Chennai in the state of Tamil Nadu.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0006160
Branch Chennai Govt. Business Branch
City Chennai
District Chennai
State Tamil Nadu
Address Canara Bank Spencer Tower Annex Ii 770-A,Anna Salai,Chennai Chennai Tamil Nadu 600002

These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Chennai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0006160 for the Chennai Govt. Business Branch branch of Canara Bank plays an important 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 Chennai Govt. Business Branch, Chennai, Tamil Nadu, are given a unique IFSC like CNRB0006160 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Chennai.
  • 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 Chennai and Chennai.
  • 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 Chennai Govt. Business Branch goes to the correct branch. This is important because Canara Bank has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CNRB0006160

The format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Canara Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Chennai Govt. Business Branch in Chennai.

For example, the IFSC Code CNRB0006160 of Canara Bank for the Chennai Govt. Business Branch branch includes these elements, identifying the bank and the branch location in Chennai and Tamil Nadu accurately.

How to Find IFSC Code for Canara Bank?

If you are looking for the IFSC Code CNRB0006160 of Canara Bank for its Chennai Govt. Business Branch branch located in Chennai, 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 Chennai and Chennai, 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 Chennai Govt. Business Branch or Chennai to get the exact IFSC Code CNRB0006160.

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 Chennai, then it will provide you proper information.

How to Use IFSC Code CNRB0006160 for Online Transfers?

Once you have the IFSC Code CNRB0006160 for the Chennai Govt. Business Branch branch of Canara Bank in Chennai, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0006160. 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 CNRB0006160.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Chennai Govt. Business Branch in Chennai may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Canara Bank in Chennai Govt. Business Branch, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Canara Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Chennai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank Chennai Govt. Business Branch Chennai?

The IFSC Code of the Chennai Govt. Business Branch Chennai branch is CNRB0006160.

Is IFSC Code CNRB0006160 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Canara Bank Chennai Govt. Business Branch branch?

The branch is located at Canara Bank Spencer Tower Annex Ii 770-A,Anna Salai,Chennai Chennai Tamil Nadu 600002.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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