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 Puttur Market Yard branch in Dakshina Kannada, Putturmarketyar, 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 CNRB0010208. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Puttur Market Yard, Dakshina Kannada

Here are some of the key details that come with the IFSC Code CNRB0010208 of Canara Bank for its branch located in Dakshina Kannada, within the district of Putturmarketyar in the state of Karnataka.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0010208
Branch Puttur Market Yard
City Dakshina Kannada
District Putturmarketyar
State Karnataka
Address Christopher Complex Apmc Road Puttur Pin 574 201

These details help users in online banking and for businesses and individuals who use Canara Bank in Dakshina Kannada for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0010208 for the Puttur Market Yard branch of Canara Bank has a very 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 Puttur Market Yard, Dakshina Kannada, Karnataka, is provided with a unique IFSC like CNRB0010208 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 Putturmarketyar.
  • 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 Puttur Market Yard do not get mixed with another location.

Format of the IFSC Code CNRB0010208

The format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Canara Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Puttur Market Yard in Dakshina Kannada.

For example, the IFSC Code CNRB0010208 of Canara Bank for the Puttur Market Yard branch has 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 CNRB0010208 of Canara Bank for its Puttur Market Yard 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 Putturmarketyar, 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 Puttur Market Yard or Dakshina Kannada to get the exact IFSC Code CNRB0010208.

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 CNRB0010208 for Online Transfers?

Once you have the IFSC Code CNRB0010208 for the Puttur Market Yard 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 CNRB0010208. 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 CNRB0010208.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Puttur Market Yard 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 Puttur Market Yard, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Dakshina Kannada manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Puttur Market Yard, Dakshina Kannada?

The IFSC Code is CNRB0010208.

Is the IFSC Code CNRB0010208 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 Puttur Market Yard?

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 Puttur Market Yard branch?

The address of the branch is Christopher Complex Apmc Road Puttur Pin 574 201 located in Dakshina Kannada, Putturmarketyar, 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.