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 Hodigere branch in Davangere, Hodigere, 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 Davangere or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0001560. 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, Hodigere, Davangere

The table below shows the main details of the IFSC Code CNRB0001560 for the Canara Bank branch in Davangere, which falls under the Hodigere district in Karnataka.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0001560
Branch Hodigere
City Davangere
District Hodigere
State Karnataka
Address Shimoga Harihara Road, , Sri Basaveshwara Nilaya, , P.O.Hodigere, Davangere Dist, Karnataka - 577 215

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Davangere for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0001560 for the Hodigere branch of Canara Bank is vital.

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 Hodigere, Davangere, Karnataka, are allotted a unique IFSC like CNRB0001560 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 Hodigere.
  • 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 Hodigere reaches the right place, even though there are thousands of branches in Karnataka and across India.

Format of the IFSC Code CNRB0001560

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 Hodigere in Davangere.

For example, the IFSC Code CNRB0001560 of Canara Bank for the Hodigere branch includes these elements, identifying the bank and the branch location in Davangere and Karnataka accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0001560 of Canara Bank for its Hodigere branch located in Davangere, 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 Davangere and Hodigere, 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 Hodigere or Davangere to get the exact IFSC Code CNRB0001560.

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 Davangere that will provide accurate information.

How to Use IFSC Code CNRB0001560 for Online Transfers?

Once you have the IFSC Code CNRB0001560 for the Hodigere branch of Canara Bank in Davangere, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0001560. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Canara Bank IFSC Code CNRB0001560.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Canara Bank Hodigere in Davangere, it can 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 Hodigere, 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 Hodigere Davangere?

The IFSC Code of the Hodigere Davangere branch is CNRB0001560.

Is IFSC Code CNRB0001560 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 Hodigere branch?

The branch is located at Shimoga Harihara Road, , Sri Basaveshwara Nilaya, , P.O.Hodigere, Davangere Dist, Karnataka - 577 215.

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.