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 Davangere Saraswathi Nagar branch in Davangere, Davangere, 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 Davangere or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0006648. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Davangere Saraswathi Nagar, Davangere
Below in the table are the key details related to IFSC Code CNRB0006648 of Canara Bank for its branch located in Davangere, within the district of Davangere in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0006648 |
| Branch | Davangere Saraswathi Nagar |
| City | Davangere |
| District | Davangere |
| State | Karnataka |
| Address | Canara Bank Hullumani Heights,Nr Durgambika Sch Main Road,Saraswathi Nagar Davangere Saraswathi Nagar Karnataka 577004 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Davangere for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0006648 for the Davangere Saraswathi Nagar 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, along with Canara Bank located in Davangere Saraswathi Nagar, Davangere, Karnataka, are allotted a unique IFSC like CNRB0006648 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Davangere.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Davangere and Davangere.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Canara Bank in Davangere Saraswathi Nagar reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code CNRB0006648
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 Davangere Saraswathi Nagar in Davangere.
For example, the IFSC Code CNRB0006648 of Canara Bank for the Davangere Saraswathi Nagar branch has these elements, identifying the bank and the branch location in Davangere and Karnataka correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0006648 of Canara Bank for its Davangere Saraswathi Nagar branch located in Davangere, 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 Davangere and Davangere, 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 Davangere Saraswathi Nagar or Davangere to get the exact IFSC Code CNRB0006648.
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 Davangere, you'll get the correct details.
How to Use IFSC Code CNRB0006648 for Online Transfers?
Once you have the IFSC Code CNRB0006648 for the Davangere Saraswathi Nagar branch of Canara Bank in Davangere, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0006648. 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 CNRB0006648.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Davangere Saraswathi Nagar in Davangere, 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 Davangere Saraswathi Nagar, 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 Davangere to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0006648.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Canara Bank Hullumani Heights,Nr Durgambika Sch Main Road,Saraswathi Nagar Davangere Saraswathi Nagar Karnataka 577004 located in Davangere, Davangere, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.