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 Tolahunse branch in Davanagere, Thola Hunse, 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 Davanagere or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0010630. 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, Tolahunse, Davanagere

Here are the main details that are associated with the IFSC Code CNRB0010630 of Canara Bank for its branch located in Davanagere, within the district of Thola Hunse in the state of Karnataka.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0010630
Branch Tolahunse
City Davanagere
District Thola Hunse
State Karnataka
Address Thola Hunse Village Davanagere Taluk Davanagere Dist Pin 577003

These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Davanagere for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0010630 for the Tolahunse branch of Canara Bank plays an important role.

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 CNRB0010630 is given to every bank branch, including Canara Bank located in Tolahunse, Davanagere, 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 Davanagere.
  • 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 Davanagere and Thola Hunse.
  • 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 Tolahunse doesn't end up at another location.

Format of the IFSC Code CNRB0010630

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 Tolahunse in Davanagere.

For example, the IFSC Code CNRB0010630 of Canara Bank for the Tolahunse branch includes these elements, identifying the bank and the branch location in Davanagere and Karnataka correctly.

How to Find IFSC Code for Canara Bank?

If you are looking for the IFSC Code CNRB0010630 of Canara Bank for its Tolahunse branch located in Davanagere, the following methods can help:

Cheque Book

The cheque book that is issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Canara Bank branches in Davanagere and Thola Hunse, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Canara Bank and look for the branch locator section, then search for Tolahunse or Davanagere to get the exact IFSC Code CNRB0010630.

Mobile Banking App

If you use Canara Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Canara Bank and Davanagere, then it will provide you proper information.

How to Use IFSC Code CNRB0010630 for Online Transfers?

If you have the IFSC Code CNRB0010630 for the Tolahunse branch of Canara Bank in Davanagere, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0010630. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Canara Bank IFSC Code CNRB0010630.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Canara Bank Tolahunse in Davanagere, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Canara Bank in Tolahunse, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Davanagere manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank Tolahunse Davanagere?

The IFSC Code of the Tolahunse Davanagere branch is CNRB0010630.

Is IFSC Code CNRB0010630 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Canara Bank Tolahunse branch?

The branch is located at Thola Hunse Village Davanagere Taluk Davanagere Dist Pin 577003.

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.