There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Canara Bank for its Kakinada Madhuranagar branch in East Godavari, Kakinada, Andhra Pradesh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Canara Bank situated in East Godavari or anywhere in Andhra Pradesh can easily transfer funds instantly by using the correct IFSC Code CNRB0013823. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Kakinada Madhuranagar, East Godavari

The table below shows the main details of the IFSC Code CNRB0013823 for the Canara Bank branch in East Godavari, which falls under the Kakinada district in Andhra Pradesh.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0013823
Branch Kakinada Madhuranagar
City East Godavari
District Kakinada
State Andhra Pradesh
Address Dr No 67 1 37 Opp Kamal Veer Theatr Ashok Nagar Madhuranagar Kakinada East Godavari Andhra Pradesh 533004

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in East Godavari for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0013823 for the Kakinada Madhuranagar 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 that is provided by the Reserve Bank of India. A unique IFSC like CNRB0013823 is given to every bank branch, including Canara Bank located in Kakinada Madhuranagar, East Godavari, Andhra Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in East Godavari.
  • 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 East Godavari and Kakinada.
  • 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 Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Kakinada Madhuranagar doesn't end up at another location.

Format of the IFSC Code CNRB0013823

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): These represent the bank code. In Canara Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Kakinada Madhuranagar in East Godavari.

For example, the IFSC Code CNRB0013823 of Canara Bank for the Kakinada Madhuranagar branch has these elements, identifying the bank and the branch location in East Godavari and Andhra Pradesh correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0013823 of Canara Bank for its Kakinada Madhuranagar branch located in East Godavari, 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 East Godavari and Kakinada, 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 Kakinada Madhuranagar or East Godavari to get the exact IFSC Code CNRB0013823.

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 East Godavari, you'll get the correct details.

How to Use IFSC Code CNRB0013823 for Online Transfers?

Once you have the IFSC Code CNRB0013823 for the Kakinada Madhuranagar branch of Canara Bank in East Godavari, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0013823. 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 CNRB0013823.

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

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 Kakinada Madhuranagar, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in East Godavari manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Kakinada Madhuranagar, East Godavari?

The IFSC Code is CNRB0013823.

Is the IFSC Code CNRB0013823 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 Kakinada Madhuranagar?

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 Kakinada Madhuranagar branch?

The address of the branch is Dr No 67 1 37 Opp Kamal Veer Theatr Ashok Nagar Madhuranagar Kakinada East Godavari Andhra Pradesh 533004 located in East Godavari, Kakinada, Andhra Pradesh.

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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