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 Perur branch in Coimbatore, Perur, 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 Coimbatore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code CNRB0016572. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Perur, Coimbatore
Here are the main details that are associated with the IFSC Code CNRB0016572 of Canara Bank for its branch located in Coimbatore, within the district of Perur in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0016572 |
| Branch | Perur |
| City | Coimbatore |
| District | Perur |
| State | Tamil Nadu |
| Address | Santhalingam Adigalar Shopping Complex Perur Adheenam Vedapatti Road Dist Coimbatore Coimbatore Tamil Nadu India 641010 |
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 CNRB0016572 for the Perur 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 Perur, Coimbatore, Tamil Nadu, are given a unique IFSC like CNRB0016572 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 any kind of confusion between different branches of the same bank in places like Coimbatore and Perur.
- 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 Perur 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 CNRB0016572
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 Perur in Coimbatore.
For example, the IFSC Code CNRB0016572 of Canara Bank for the Perur 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?
To find the IFSC Code CNRB0016572 of Canara Bank for its Perur branch located in Coimbatore, the following methods can help you out:
Cheque Book
The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Canara Bank branches in Coimbatore and Perur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Canara Bank and go to the branch locator section. Then search for Perur or Coimbatore to find the exact IFSC Code CNRB0016572.
Mobile Banking App
If you use Canara Bank's mobile app, you can 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. Searching for Canara Bank and Coimbatore will provide accurate information.
How to Use IFSC Code CNRB0016572 for Online Transfers?
If you have the IFSC Code CNRB0016572 for the Perur branch of Canara Bank in Coimbatore, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0016572. Transfers are processed in batches. 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. Asks for the recipient's account details and Canara Bank IFSC Code CNRB0016572.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Canara Bank Perur in Coimbatore, it 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 Perur, 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 Coimbatore manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Perur Coimbatore branch is CNRB0016572.
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 Santhalingam Adigalar Shopping Complex Perur Adheenam Vedapatti Road Dist Coimbatore Coimbatore Tamil Nadu India 641010.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.