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 Chennai Kodambakkam Ii branch in Chennai, Chennai, Tamil Nadu, 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 Chennai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code CNRB0016007. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Chennai Kodambakkam Ii, Chennai

The table below shows the main details of the IFSC Code CNRB0016007 for the Canara Bank branch in Chennai, which falls under the Chennai district in Tamil Nadu.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0016007
Branch Chennai Kodambakkam Ii
City Chennai
District Chennai
State Tamil Nadu
Address 1St Floor Chitra Towers 332 By 2 Arcot Rd Kodambakkam Tn 600 024

These details help users in online banking and for businesses and individuals who use Canara Bank in Chennai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0016007 for the Chennai Kodambakkam Ii branch of Canara Bank has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like CNRB0016007 is given to every bank branch, including Canara Bank located in Chennai Kodambakkam Ii, Chennai, Tamil Nadu, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Chennai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Chennai and Chennai.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Chennai Kodambakkam Ii doesn't end up at another location.

Format of the IFSC Code CNRB0016007

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Canara Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Chennai Kodambakkam Ii in Chennai.

For example, the IFSC Code CNRB0016007 of Canara Bank for the Chennai Kodambakkam Ii 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 trying to find the IFSC Code CNRB0016007 of Canara Bank for its Chennai Kodambakkam Ii branch located in Chennai, 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 Chennai and Chennai, 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 Chennai Kodambakkam Ii or Chennai to get the exact IFSC Code CNRB0016007.

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 Chennai that will provide accurate information.

How to Use IFSC Code CNRB0016007 for Online Transfers?

Once you have the IFSC Code CNRB0016007 for the Chennai Kodambakkam Ii 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 CNRB0016007. 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 CNRB0016007.

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 Kodambakkam Ii in Chennai 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 Chennai Kodambakkam Ii, 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 Chennai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Chennai Kodambakkam Ii, Chennai?

The IFSC Code is CNRB0016007.

Is the IFSC Code CNRB0016007 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Chennai Kodambakkam Ii?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Chennai Kodambakkam Ii branch?

The address of the branch is 1St Floor Chitra Towers 332 By 2 Arcot Rd Kodambakkam Tn 600 024 located in Chennai, Chennai, Tamil Nadu.

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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