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 Station Road, Hubli branch in Dharwad, Hubli-Dharwad, 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 Dharwad or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0000514. 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, Station Road, Hubli, Dharwad
The table below shows the main details of the IFSC Code CNRB0000514 for the Canara Bank branch in Dharwad, which falls under the Hubli-Dharwad district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0000514 |
| Branch | Station Road, Hubli |
| City | Dharwad |
| District | Hubli-Dharwad |
| State | Karnataka |
| Address | Ankush Arcade Station Road Hubli 580020 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Dharwad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0000514 for the Station Road, Hubli 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 that is provided by the Reserve Bank of India. A unique IFSC like CNRB0000514 is given to every bank branch, including Canara Bank located in Station Road, Hubli, Dharwad, Karnataka, to make sure that online payments reach the right place.
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 kind of confusion between multiple branches of the same bank across different places like Dharwad and Hubli-Dharwad.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Station Road, Hubli doesn't end up at another location.
Format of the IFSC Code CNRB0000514
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): 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 Station Road, Hubli in Dharwad.
For example, the IFSC Code CNRB0000514 of Canara Bank for the Station Road, Hubli 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 CNRB0000514 of Canara Bank for its Station Road, Hubli 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 Hubli-Dharwad, 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 Station Road, Hubli or Dharwad to get the exact IFSC Code CNRB0000514.
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 CNRB0000514 for Online Transfers?
Once you have the IFSC Code CNRB0000514 for the Station Road, Hubli branch of Canara Bank in Dharwad, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0000514. 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 CNRB0000514.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Station Road, Hubli in Dharwad may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Canara Bank in Station Road, Hubli, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Dharwad manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0000514.
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 Ankush Arcade Station Road Hubli 580020 located in Dharwad, Hubli-Dharwad, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.