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 Periamuthur branch in Dharmapuri, Periamuthur, or Tamil Nadu, 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 Dharmapuri or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code CNRB0016175. 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, Periamuthur, Dharmapuri

Here are the main details that are associated with the IFSC Code CNRB0016175 of Canara Bank for its branch located in Dharmapuri, within the district of Periamuthur in the state of Tamil Nadu.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0016175
Branch Periamuthur
City Dharmapuri
District Periamuthur
State Tamil Nadu
Address S No 178 By 1A Periamuthur Dam Road Krishnagiri Project Dam Post Periamuthur Dharmapuri 635 101

These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Dharmapuri for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0016175 for the Periamuthur 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 provided by the Reserve Bank of India. Every bank branch, along with Canara Bank located in Periamuthur, Dharmapuri, Tamil Nadu, are given a unique IFSC like CNRB0016175 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Dharmapuri.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Dharmapuri and Periamuthur.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Canara Bank in Periamuthur goes to the correct branch. This is important because Canara Bank has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CNRB0016175

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 Periamuthur in Dharmapuri.

For example, the IFSC Code CNRB0016175 of Canara Bank for the Periamuthur branch includes these elements, identifying the bank and the branch location in Dharmapuri and Tamil Nadu accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0016175 of Canara Bank for its Periamuthur branch located in Dharmapuri, 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 Dharmapuri and Periamuthur, 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 Periamuthur or Dharmapuri to get the exact IFSC Code CNRB0016175.

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 Dharmapuri, you'll get the correct details.

How to Use IFSC Code CNRB0016175 for Online Transfers?

Once you have the IFSC Code CNRB0016175 for the Periamuthur branch of Canara Bank in Dharmapuri, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0016175. 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 CNRB0016175.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Periamuthur in Dharmapuri, 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 Periamuthur, 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 Dharmapuri to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank Periamuthur Dharmapuri?

The IFSC Code of the Periamuthur Dharmapuri branch is CNRB0016175.

Is IFSC Code CNRB0016175 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 Periamuthur branch?

The branch is located at S No 178 By 1A Periamuthur Dam Road Krishnagiri Project Dam Post Periamuthur Dharmapuri 635 101.

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.