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 Yenmur branch in Dakshin Kannad, Sullia, or Karnataka, 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 Dakshin Kannad or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0001600. 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, Yenmur, Dakshin Kannad
Here are the key points that are associated with the IFSC Code CNRB0001600 of Canara Bank for its branch located in Dakshin Kannad, within the district of Sullia in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0001600 |
| Branch | Yenmur |
| City | Dakshin Kannad |
| District | Sullia |
| State | Karnataka |
| Address | Panchayat Building,, Yedamangala,, Sullia Taluk , Dist Dakshina Kannada (Karnataka) - 574232 |
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 CNRB0001600 for the Yenmur 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, along with Canara Bank located in Yenmur, Dakshin Kannad, Karnataka, are given a unique IFSC like CNRB0001600 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dakshin Kannad.
- 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 Dakshin Kannad and Sullia.
- 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 Yenmur goes to the correct branch. This is important because Canara Bank has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code CNRB0001600
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 Yenmur in Dakshin Kannad.
For example, the IFSC Code CNRB0001600 of Canara Bank for the Yenmur branch includes these elements, identifying the bank and the branch location in Dakshin Kannad and Karnataka accurately.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0001600 of Canara Bank for its Yenmur branch located in Dakshin Kannad, 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 Dakshin Kannad and Sullia, 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 Yenmur or Dakshin Kannad to find the exact IFSC Code CNRB0001600.
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 Dakshin Kannad will provide accurate information.
How to Use IFSC Code CNRB0001600 for Online Transfers?
Once you have the IFSC Code CNRB0001600 for the Yenmur branch of Canara Bank in Dakshin Kannad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0001600. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Canara Bank IFSC Code CNRB0001600.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Canara Bank Yenmur in Dakshin Kannad, it can 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 Yenmur, 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 is CNRB0001600.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Panchayat Building,, Yedamangala,, Sullia Taluk , Dist Dakshina Kannada (Karnataka) - 574232 located in Dakshin Kannad, Sullia, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.