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 Holenarasipur branch in Hassan, Holenarsipur, 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 Hassan or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0000588. 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, Holenarasipur, Hassan

The table below shows the main details of the IFSC Code CNRB0000588 for the Canara Bank branch in Hassan, which falls under the Holenarsipur district in Karnataka.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0000588
Branch Holenarasipur
City Hassan
District Holenarsipur
State Karnataka
Address 1503, Main Road, Ist Floor,, Subhash Circle,, Holenarasipura 573211

These details help users in online banking and for businesses and individuals who use Canara Bank in Hassan for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0000588 for the Holenarasipur branch of Canara Bank has a very 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 CNRB0000588 is given to every bank branch, including Canara Bank located in Holenarasipur, Hassan, 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 Hassan.
  • 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 Hassan and Holenarsipur.
  • 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 Holenarasipur doesn't end up at another location.

Format of the IFSC Code CNRB0000588

The format of the IFSC Code for banks, including Canara Bank, has 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 Holenarasipur in Hassan.

For example, the IFSC Code CNRB0000588 of Canara Bank for the Holenarasipur branch includes these elements, identifying the bank and the branch location in Hassan and Karnataka correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0000588 of Canara Bank for its Holenarasipur branch located in Hassan, the following methods can help:

Cheque Book

The cheque books that are issued by Canara Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Canara Bank branches in Hassan and Holenarsipur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Canara Bank and find the branch locator section. Search for Holenarasipur or Hassan to get the exact IFSC Code CNRB0000588.

Mobile Banking App

If you use Canara Bank's mobile app, you can easily 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 to help you in searching for Canara Bank and Hassan that will provide accurate information.

How to Use IFSC Code CNRB0000588 for Online Transfers?

Once you have the IFSC Code CNRB0000588 for the Holenarasipur branch of Canara Bank in Hassan, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0000588. 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 CNRB0000588.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Holenarasipur in Hassan 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 Holenarasipur, 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 Hassan to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Holenarasipur, Hassan?

The IFSC Code is CNRB0000588.

Is the IFSC Code CNRB0000588 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Holenarasipur?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Holenarasipur branch?

The address of the branch is 1503, Main Road, Ist Floor,, Subhash Circle,, Holenarasipura 573211 located in Hassan, Holenarsipur, Karnataka.

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.