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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Canara Bank for its Pallapalayam branch in Coimbatore, Dist Tirupur, or Tamil Nadu, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Canara Bank located in Coimbatore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code CNRB0016161. 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, Pallapalayam, Coimbatore
The table below shows the main details of the IFSC Code CNRB0016161 for the Canara Bank branch in Coimbatore, which falls under the Dist Tirupur district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0016161 |
| Branch | Pallapalayam |
| City | Coimbatore |
| District | Dist Tirupur |
| State | Tamil Nadu |
| Address | Shankar Complex Moonor Road At By Po Pallapalayam Udamalpet Tk Dist Tirupur Tn |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Coimbatore for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0016161 for the Pallapalayam branch of Canara Bank has 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 Pallapalayam, Coimbatore, Tamil Nadu, are allotted a unique IFSC like CNRB0016161 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Coimbatore.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Coimbatore and Dist Tirupur.
- 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 Pallapalayam reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.
Format of the IFSC Code CNRB0016161
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 Pallapalayam in Coimbatore.
For example, the IFSC Code CNRB0016161 of Canara Bank for the Pallapalayam branch includes these elements, identifying the bank and the branch location in Coimbatore and Tamil Nadu accurately.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0016161 of Canara Bank for its Pallapalayam branch located in Coimbatore, 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 Coimbatore and Dist Tirupur, 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 Pallapalayam or Coimbatore to get the exact IFSC Code CNRB0016161.
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 Coimbatore that will provide accurate information.
How to Use IFSC Code CNRB0016161 for Online Transfers?
Once you have the IFSC Code CNRB0016161 for the Pallapalayam branch of Canara Bank in Coimbatore, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0016161. 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 CNRB0016161.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Pallapalayam in Coimbatore, 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 Pallapalayam, 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 Coimbatore to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0016161.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Shankar Complex Moonor Road At By Po Pallapalayam Udamalpet Tk Dist Tirupur Tn located in Coimbatore, Dist Tirupur, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
