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 Komatinenivaripalem branch in Guntur, Chilakaluripet, Andhra Pradesh, 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 Guntur or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code CNRB0001491. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Komatinenivaripalem, Guntur
Here are the key points that are associated with the IFSC Code CNRB0001491 of Canara Bank for its branch located in Guntur, within the district of Chilakaluripet in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0001491 |
| Branch | Komatinenivaripalem |
| City | Guntur |
| District | Chilakaluripet |
| State | Andhra Pradesh |
| Address | Komatineivaripalem, Via Kavoor, Nandendla Block , Chilakaluripet Mandal , Dist Guntur (A P ) - 522 611 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Guntur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0001491 for the Komatinenivaripalem 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 provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Komatinenivaripalem, Guntur, Andhra Pradesh, is provided with a unique IFSC like CNRB0001491 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Guntur.
- 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 Guntur and Chilakaluripet.
- 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 Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Komatinenivaripalem do not get mixed with another location.
Format of the IFSC Code CNRB0001491
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 Komatinenivaripalem in Guntur.
For example, the IFSC Code CNRB0001491 of Canara Bank for the Komatinenivaripalem branch includes these elements, identifying the bank and the branch location in Guntur and Andhra Pradesh accurately.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0001491 of Canara Bank for its Komatinenivaripalem branch located in Guntur, the following methods can help you out:
Cheque Book
The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Canara Bank branches in Guntur and Chilakaluripet, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Canara Bank and go to the branch locator section. Then search for Komatinenivaripalem or Guntur to find the exact IFSC Code CNRB0001491.
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 maintains an updated database of all IFSC codes. Searching for Canara Bank and Guntur will provide accurate information.
How to Use IFSC Code CNRB0001491 for Online Transfers?
Once you have the IFSC Code CNRB0001491 for the Komatinenivaripalem branch of Canara Bank in Guntur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0001491. 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 CNRB0001491.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Komatinenivaripalem in Guntur may 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 Komatinenivaripalem, 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 Guntur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0001491.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Komatineivaripalem, Via Kavoor, Nandendla Block , Chilakaluripet Mandal , Dist Guntur (A P ) - 522 611 located in Guntur, Chilakaluripet, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.