For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Canara Bank for its Panja branch in Dakshina Kannada, Panja, Karnataka, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Canara Bank located in Dakshina Kannada or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0010178. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Panja, Dakshina Kannada
Here are the main details that are associated with the IFSC Code CNRB0010178 of Canara Bank for its branch located in Dakshina Kannada, within the district of Panja in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0010178 |
| Branch | Panja |
| City | Dakshina Kannada |
| District | Panja |
| State | Karnataka |
| Address | Main Road Panja Sullia Tq Dakshina Kannada 574 232 |
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 CNRB0010178 for the Panja branch of Canara Bank has an important 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 Panja, Dakshina Kannada, Karnataka, is provided with a unique IFSC like CNRB0010178 to ensure that online payments reach the right destination.
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 errors or confusions between multiple branches of the same bank across different places like Dakshina Kannada and Panja.
- 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 Panja do not get mixed with another location.
Format of the IFSC Code CNRB0010178
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 Panja in Dakshina Kannada.
For example, the IFSC Code CNRB0010178 of Canara Bank for the Panja 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?
To find the IFSC Code CNRB0010178 of Canara Bank for its Panja branch located in Dakshina Kannada, 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 Dakshina Kannada and Panja, 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 Panja or Dakshina Kannada to find the exact IFSC Code CNRB0010178.
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 Dakshina Kannada will provide accurate information.
How to Use IFSC Code CNRB0010178 for Online Transfers?
Once you have the IFSC Code CNRB0010178 for the Panja 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 CNRB0010178. 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 CNRB0010178.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Panja 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 Panja, 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 is CNRB0010178.
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 Main Road Panja Sullia Tq Dakshina Kannada 574 232 located in Dakshina Kannada, Panja, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.