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 Thungavi branch in Coimbatore, Thungavi, 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 CNRB0001359. 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, Thungavi, Coimbatore

The table below shows the main details of the IFSC Code CNRB0001359 for the Canara Bank branch in Coimbatore, which falls under the Thungavi district in Tamil Nadu.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0001359
Branch Thungavi
City Coimbatore
District Thungavi
State Tamil Nadu
Address 1/1 Dharapuram Road,, Thungavi 641 215, Udumalpet Taluk, Coimbatore Dist, Tamil Nadu -638215

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 CNRB0001359 for the Thungavi branch of Canara Bank has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Thungavi, Coimbatore, Tamil Nadu, is provided a unique IFSC like CNRB0001359 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Canara Bank branch in Coimbatore.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Coimbatore and Thungavi.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Thungavi do not get misguided to another person.

Format of the IFSC Code CNRB0001359

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 Thungavi in Coimbatore.

For example, the IFSC Code CNRB0001359 of Canara Bank for the Thungavi 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 CNRB0001359 of Canara Bank for its Thungavi 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

Most banks, including Canara Bank branches in Coimbatore and Thungavi, print the IFSC and MICR codes 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 Thungavi or Coimbatore to get the exact IFSC Code CNRB0001359.

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 CNRB0001359 for Online Transfers?

Once you have the IFSC Code CNRB0001359 for the Thungavi 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 CNRB0001359. 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 CNRB0001359.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Thungavi 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 Thungavi, 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 Thungavi, Coimbatore?

The IFSC Code is CNRB0001359.

Is the IFSC Code CNRB0001359 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 Thungavi?

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 Thungavi branch?

The address of the branch is 1/1 Dharapuram Road,, Thungavi 641 215, Udumalpet Taluk, Coimbatore Dist, Tamil Nadu -638215 located in Coimbatore, Thungavi, 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.