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IFSC Code of Canara Bank, Davangere Sme, Davangere, Karnataka — CNRB0002443

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 Davangere Sme branch in Davangere, Davangere, 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 Davangere or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0002443. 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, Davangere Sme, Davangere

Here are the key points that are associated with the IFSC Code CNRB0002443 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 CNRB0002443
Branch Davangere Sme
City Davangere
District Davangere
State Karnataka
Address 697/1, Vikas Plaza,, Hadadi Road,, D A V A N G E R E, (Renamed Wef 7.10.05Memo 23/06

These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Davangere for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0002443 for the Davangere Sme branch of Canara Bank plays 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 Davangere Sme, Davangere, Karnataka, is provided a unique IFSC like CNRB0002443 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Canara Bank branch in Davangere.
  • 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 Davangere and Davangere.
  • 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 Davangere Sme do not get misguided to another person.

Format of the IFSC Code CNRB0002443

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 Davangere Sme in Davangere.

For example, the IFSC Code CNRB0002443 of Canara Bank for the Davangere Sme branch includes 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 CNRB0002443 of Canara Bank for its Davangere Sme 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 Sme or Davangere to get the exact IFSC Code CNRB0002443.

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 CNRB0002443 for Online Transfers?

Once you have the IFSC Code CNRB0002443 for the Davangere Sme branch of Canara Bank in Davangere, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0002443. Transfers are processed in batches. This is 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. Requires the recipient's account details and Canara Bank IFSC Code CNRB0002443.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Davangere Sme in Davangere may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Canara Bank in Davangere Sme, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Canara Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Davangere manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Davangere Sme, Davangere?

The IFSC Code is CNRB0002443.

Is the IFSC Code CNRB0002443 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 Davangere Sme?

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 Davangere Sme branch?

The address of the branch is 697/1, Vikas Plaza,, Hadadi Road,, D A V A N G E R E, (Renamed Wef 7.10.05Memo 23/06 located in Davangere, Davangere, 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.

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