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 Chennai Nungambakkam Ii branch in Chennai, Chennai, Tamil Nadu, 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 Chennai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code CNRB0016018. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

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

Here are the key points that are associated with the IFSC Code CNRB0016018 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 CNRB0016018
Branch Chennai Nungambakkam Ii
City Chennai
District Chennai
State Tamil Nadu
Address No 7 Satya Plaza Dr Thiru Moorthy Nagar Main Rd Nungambakkam Tn 600 034

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 CNRB0016018 for the Chennai Nungambakkam Ii 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 that is provided by the Reserve Bank of India. A unique IFSC like CNRB0016018 is given to every bank branch, including Canara Bank located in Chennai Nungambakkam 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 Nungambakkam Ii doesn't end up at another location.

Format of the IFSC Code CNRB0016018

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 Nungambakkam Ii in Chennai.

For example, the IFSC Code CNRB0016018 of Canara Bank for the Chennai Nungambakkam 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 CNRB0016018 of Canara Bank for its Chennai Nungambakkam 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 Nungambakkam Ii or Chennai to get the exact IFSC Code CNRB0016018.

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 CNRB0016018 for Online Transfers?

Once you have the IFSC Code CNRB0016018 for the Chennai Nungambakkam 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 CNRB0016018. 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 CNRB0016018.

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 Nungambakkam Ii in Chennai may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Canara Bank in Chennai Nungambakkam Ii, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Chennai manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

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

The IFSC Code is CNRB0016018.

Is the IFSC Code CNRB0016018 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

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

The address of the branch is No 7 Satya Plaza Dr Thiru Moorthy Nagar Main Rd Nungambakkam Tn 600 034 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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