The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Canara Bank for its Mrityunjaya Nagar,Dharwar branch in Dharwad, Dhummawad, Karnataka, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Canara Bank located in Dharwad or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0000567. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Mrityunjaya Nagar,Dharwar, Dharwad

Here are some of the key details that come with the IFSC Code CNRB0000567 of Canara Bank for its branch located in Dharwad, within the district of Dhummawad in the state of Karnataka.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0000567
Branch Mrityunjaya Nagar,Dharwar
City Dharwad
District Dhummawad
State Karnataka
Address Near Apmc Market Yard,, Mruthyunjayanagar,, Dharwar- 580008

These details helps users in online banking and for businesses and individuals who use Canara Bank in Dharwad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0000567 for the Mrityunjaya Nagar,Dharwar branch of Canara Bank plays a vital 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, including Canara Bank located in Mrityunjaya Nagar,Dharwar, Dharwad, Karnataka, is provided with a unique IFSC like CNRB0000567 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Dharwad.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Dharwad and Dhummawad.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Mrityunjaya Nagar,Dharwar do not get mixed with another location.

Format of the IFSC Code CNRB0000567

The format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Canara Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mrityunjaya Nagar,Dharwar in Dharwad.

For example, the IFSC Code CNRB0000567 of Canara Bank for the Mrityunjaya Nagar,Dharwar branch includes these elements, identifying the bank and the branch location in Dharwad and Karnataka accurately.

How to Find IFSC Code for Canara Bank?

If you are looking for the IFSC Code CNRB0000567 of Canara Bank for its Mrityunjaya Nagar,Dharwar branch located in Dharwad, 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 Dharwad and Dhummawad, 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 Mrityunjaya Nagar,Dharwar or Dharwad to get the exact IFSC Code CNRB0000567.

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 Dharwad, then it will provide you proper information.

How to Use IFSC Code CNRB0000567 for Online Transfers?

Once you have the IFSC Code CNRB0000567 for the Mrityunjaya Nagar,Dharwar branch of Canara Bank in Dharwad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0000567. 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 CNRB0000567.

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

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank Mrityunjaya Nagar,Dharwar Dharwad?

The IFSC Code of the Mrityunjaya Nagar,Dharwar Dharwad branch is CNRB0000567.

Is IFSC Code CNRB0000567 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 Mrityunjaya Nagar,Dharwar branch?

The branch is located at Near Apmc Market Yard,, Mruthyunjayanagar,, Dharwar- 580008.

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.