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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Canara Bank for its Thirumalayampalyam branch in Coimbatore, Coimbatore, Tamil Nadu, then this guide will give you detailed information.

The banking system has evolved significantly 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 CNRB0016169. 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, Thirumalayampalyam, Coimbatore

Here are the key points that are associated with the IFSC Code CNRB0016169 of Canara Bank for its branch located in Coimbatore, within the district of Coimbatore in the state of Tamil Nadu.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0016169
Branch Thirumalayampalyam
City Coimbatore
District Coimbatore
State Tamil Nadu
Address Nehru Institute Of Management Nehru Garden Thirumalayampalayam Dist Coimbatore Coimbatore Tn 641105

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 CNRB0016169 for the Thirumalayampalyam 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 Thirumalayampalyam, Coimbatore, Tamil Nadu, are allotted a unique IFSC like CNRB0016169 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 Coimbatore.
  • 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 Thirumalayampalyam reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.

Format of the IFSC Code CNRB0016169

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 Thirumalayampalyam in Coimbatore.

For example, the IFSC Code CNRB0016169 of Canara Bank for the Thirumalayampalyam 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 CNRB0016169 of Canara Bank for its Thirumalayampalyam 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 Coimbatore, 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 Thirumalayampalyam or Coimbatore to get the exact IFSC Code CNRB0016169.

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 CNRB0016169 for Online Transfers?

If you have the IFSC Code CNRB0016169 for the Thirumalayampalyam 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 CNRB0016169. 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 CNRB0016169.

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 Thirumalayampalyam in Coimbatore, it 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 Thirumalayampalyam, 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 Thirumalayampalyam, Coimbatore?

The IFSC Code is CNRB0016169.

Is the IFSC Code CNRB0016169 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 Thirumalayampalyam?

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 Thirumalayampalyam branch?

The address of the branch is Nehru Institute Of Management Nehru Garden Thirumalayampalayam Dist Coimbatore Coimbatore Tn 641105 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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