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 Hoige Bazaar,Mangalore branch in Dakshin Kannad, Mangalore, Karnataka, 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 Dakshin Kannad or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code CNRB0001394. 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, Hoige Bazaar,Mangalore, Dakshin Kannad
Here are the main details that are associated with the IFSC Code CNRB0001394 of Canara Bank for its branch located in Dakshin Kannad, within the district of Mangalore in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0001394 |
| Branch | Hoige Bazaar,Mangalore |
| City | Dakshin Kannad |
| District | Mangalore |
| State | Karnataka |
| Address | No.309,St.Uruline Convent Comp, Rosario Church, Hoige Bazar,, Mangalore 575 001, |
These details helps users in online banking and for businesses and individuals who use Canara Bank in Dakshin Kannad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0001394 for the Hoige Bazaar,Mangalore branch of Canara Bank plays a vital 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, including Canara Bank located in Hoige Bazaar,Mangalore, Dakshin Kannad, Karnataka, is provided with a unique IFSC like CNRB0001394 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Dakshin Kannad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Dakshin Kannad and Mangalore.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Hoige Bazaar,Mangalore do not get mixed with another location.
Format of the IFSC Code CNRB0001394
The format of the IFSC Code for banks, including Canara Bank, has 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 Hoige Bazaar,Mangalore in Dakshin Kannad.
For example, the IFSC Code CNRB0001394 of Canara Bank for the Hoige Bazaar,Mangalore branch includes these elements, identifying the bank and the branch location in Dakshin Kannad and Karnataka correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0001394 of Canara Bank for its Hoige Bazaar,Mangalore branch located in Dakshin Kannad, 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 Dakshin Kannad and Mangalore, 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 Hoige Bazaar,Mangalore or Dakshin Kannad to get the exact IFSC Code CNRB0001394.
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 Dakshin Kannad that will provide accurate information.
How to Use IFSC Code CNRB0001394 for Online Transfers?
If you have the IFSC Code CNRB0001394 for the Hoige Bazaar,Mangalore branch of Canara Bank in Dakshin Kannad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0001394. 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 CNRB0001394.
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 Hoige Bazaar,Mangalore in Dakshin Kannad, 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 Hoige Bazaar,Mangalore, 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 Dakshin Kannad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Hoige Bazaar,Mangalore Dakshin Kannad branch is CNRB0001394.
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 No.309,St.Uruline Convent Comp, Rosario Church, Hoige Bazar,, Mangalore 575 001,.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.