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 Karungalpalayam,Erode branch in Erode, Erode, Tamil Nadu, 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 Erode or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code CNRB0001848. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Karungalpalayam,Erode, Erode
Below in the table are the key details related to IFSC Code CNRB0001848 of Canara Bank for its branch located in Erode, within the district of Erode in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0001848 |
| Branch | Karungalpalayam,Erode |
| City | Erode |
| District | Erode |
| State | Tamil Nadu |
| Address | Raj Nivas 207, Cauvery Road,, Karungalapalyam, Erode 638 003 |
These details helps users in online banking and for businesses and individuals who use Canara Bank in Erode for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0001848 for the Karungalpalayam,Erode 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, along with Canara Bank located in Karungalpalayam,Erode, Erode, Tamil Nadu, are allotted a unique IFSC like CNRB0001848 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Erode.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Erode and Erode.
- 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 Karungalpalayam,Erode reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.
Format of the IFSC Code CNRB0001848
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 Karungalpalayam,Erode in Erode.
For example, the IFSC Code CNRB0001848 of Canara Bank for the Karungalpalayam,Erode branch includes these elements, identifying the bank and the branch location in Erode and Tamil Nadu accurately.
How to Find IFSC Code for Canara Bank?
If you are looking for the IFSC Code CNRB0001848 of Canara Bank for its Karungalpalayam,Erode branch located in Erode, 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 Erode and Erode, 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 Karungalpalayam,Erode or Erode to get the exact IFSC Code CNRB0001848.
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 Erode, then it will provide you proper information.
How to Use IFSC Code CNRB0001848 for Online Transfers?
Once you have the IFSC Code CNRB0001848 for the Karungalpalayam,Erode branch of Canara Bank in Erode, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0001848. 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 CNRB0001848.
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 Karungalpalayam,Erode in Erode, 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 Karungalpalayam,Erode, 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 Erode manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0001848.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Raj Nivas 207, Cauvery Road,, Karungalapalyam, Erode 638 003 located in Erode, Erode, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
