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 Kotekar branch in Dakshina Kannada, Kotekar, Karnataka, 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 Dakshina Kannada or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0010147. 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, Kotekar, Dakshina Kannada
Here are the key points that are associated with the IFSC Code CNRB0010147 of Canara Bank for its branch located in Dakshina Kannada, within the district of Kotekar in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0010147 |
| Branch | Kotekar |
| City | Dakshina Kannada |
| District | Kotekar |
| State | Karnataka |
| Address | N H 17 Main Road Kotekar Mangalore Tq Dakshina Kannada 574 152 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Dakshina Kannada for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0010147 for the Kotekar 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 Kotekar, Dakshina Kannada, Karnataka, is provided a unique IFSC like CNRB0010147 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Canara Bank branch in Dakshina Kannada.
- 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 Dakshina Kannada and Kotekar.
- 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 Karnataka and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Kotekar do not get misguided to another person.
Format of the IFSC Code CNRB0010147
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 Kotekar in Dakshina Kannada.
For example, the IFSC Code CNRB0010147 of Canara Bank for the Kotekar branch includes these elements, identifying the bank and the branch location in Dakshina Kannada and Karnataka correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0010147 of Canara Bank for its Kotekar branch located in Dakshina Kannada, 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 Dakshina Kannada and Kotekar, 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 Kotekar or Dakshina Kannada to get the exact IFSC Code CNRB0010147.
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 Dakshina Kannada that will provide accurate information.
How to Use IFSC Code CNRB0010147 for Online Transfers?
Once you have the IFSC Code CNRB0010147 for the Kotekar 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 CNRB0010147. 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 CNRB0010147.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Kotekar 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 Kotekar, 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)
The IFSC Code of the Kotekar Dakshina Kannada branch is CNRB0010147.
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 N H 17 Main Road Kotekar Mangalore Tq Dakshina Kannada 574 152.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.