There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Canara Bank for its Specialised Mid Corporate Branch Coimbatore R S Puram branch in Coimbatore, Coimbatore, Tamil Nadu, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Canara Bank situated in Coimbatore or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code CNRB0016167. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Specialised Mid Corporate Branch Coimbatore R S Puram, Coimbatore

The table below shows the main details of the IFSC Code CNRB0016167 for the Canara Bank branch in Coimbatore, which falls under the Coimbatore district in Tamil Nadu.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0016167
Branch Specialised Mid Corporate Branch Coimbatore R S Puram
City Coimbatore
District Coimbatore
State Tamil Nadu
Address 105 106 Ponnurangam Road Rs Puram Coimbatore 641002

These details help users in online banking and for businesses and individuals who use Canara Bank in Coimbatore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0016167 for the Specialised Mid Corporate Branch Coimbatore R S Puram 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 CNRB0016167 is given to every bank branch, including Canara Bank located in Specialised Mid Corporate Branch Coimbatore R S Puram, Coimbatore, 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 Coimbatore.
  • 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 Coimbatore and Coimbatore.
  • 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 Specialised Mid Corporate Branch Coimbatore R S Puram doesn't end up at another location.

Format of the IFSC Code CNRB0016167

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 Specialised Mid Corporate Branch Coimbatore R S Puram in Coimbatore.

For example, the IFSC Code CNRB0016167 of Canara Bank for the Specialised Mid Corporate Branch Coimbatore R S Puram 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 CNRB0016167 of Canara Bank for its Specialised Mid Corporate Branch Coimbatore R S Puram branch located in Coimbatore, the following methods can help:

Cheque Book

The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Canara Bank branches in Coimbatore and Coimbatore, print them on the first page of your passbook.

Bank Website

Visit the official website of Canara Bank and navigate to the branch locator section. Search for Specialised Mid Corporate Branch Coimbatore R S Puram or Coimbatore to get the exact IFSC Code CNRB0016167.

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 keeps an updated list of all IFSC codes. If you search for Canara Bank and Coimbatore, you'll get the correct details.

How to Use IFSC Code CNRB0016167 for Online Transfers?

Once you have the IFSC Code CNRB0016167 for the Specialised Mid Corporate Branch Coimbatore R S Puram 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 CNRB0016167. 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 CNRB0016167.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Specialised Mid Corporate Branch Coimbatore R S Puram 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 Specialised Mid Corporate Branch Coimbatore R S Puram, 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)

What is the IFSC Code of Canara Bank in Specialised Mid Corporate Branch Coimbatore R S Puram, Coimbatore?

The IFSC Code is CNRB0016167.

Is the IFSC Code CNRB0016167 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 Specialised Mid Corporate Branch Coimbatore R S Puram?

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 Specialised Mid Corporate Branch Coimbatore R S Puram branch?

The address of the branch is 105 106 Ponnurangam Road Rs Puram Coimbatore 641002 located in Coimbatore, Coimbatore, 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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