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 Gurpur branch in Dakshina Kannada, Gurpur, 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 Dakshina Kannada or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code CNRB0010124. 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, Gurpur, Dakshina Kannada

Here are the key points that are associated with the IFSC Code CNRB0010124 of Canara Bank for its branch located in Dakshina Kannada, within the district of Gurpur in the state of Karnataka.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0010124
Branch Gurpur
City Dakshina Kannada
District Gurpur
State Karnataka
Address No 5 By 23A School Road Gurpur Mangalore Taluk Dakshina Kannada574 145

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Dakshina Kannada for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0010124 for the Gurpur branch of Canara Bank is vital.

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 CNRB0010124 is given to every bank branch, including Canara Bank located in Gurpur, Dakshina Kannada, Karnataka, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Dakshina Kannada.
  • 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 Dakshina Kannada and Gurpur.
  • 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 Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Gurpur doesn't end up at another location.

Format of the IFSC Code CNRB0010124

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 Gurpur in Dakshina Kannada.

For example, the IFSC Code CNRB0010124 of Canara Bank for the Gurpur branch includes these elements, identifying the bank and the branch location in Dakshina Kannada and Karnataka accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0010124 of Canara Bank for its Gurpur branch located in Dakshina Kannada, 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 Dakshina Kannada and Gurpur, 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 Gurpur or Dakshina Kannada to get the exact IFSC Code CNRB0010124.

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 Dakshina Kannada, you'll get the correct details.

How to Use IFSC Code CNRB0010124 for Online Transfers?

Once you have the IFSC Code CNRB0010124 for the Gurpur branch of Canara Bank in Dakshina Kannada, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0010124. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Canara Bank IFSC Code CNRB0010124.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Gurpur in Dakshina Kannada, 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 Gurpur, 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 Dakshina Kannada to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Gurpur, Dakshina Kannada?

The IFSC Code is CNRB0010124.

Is the IFSC Code CNRB0010124 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 Gurpur?

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 Gurpur branch?

The address of the branch is No 5 By 23A School Road Gurpur Mangalore Taluk Dakshina Kannada574 145 located in Dakshina Kannada, Gurpur, Karnataka.

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.