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 Nuggehalli branch in Hassan, Nuggehalli, Karnataka, 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 Hassan or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code CNRB0000590. 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, Nuggehalli, Hassan
The table below shows the main details of the IFSC Code CNRB0000590 for the Canara Bank branch in Hassan, which falls under the Nuggehalli district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0000590 |
| Branch | Nuggehalli |
| City | Hassan |
| District | Nuggehalli |
| State | Karnataka |
| Address | Tc Road, Nuggehalli , Channarayapatna Taluk, Hassan Dist, Karnataka - 573 131 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Hassan for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0000590 for the Nuggehalli 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 CNRB0000590 is given to every bank branch, including Canara Bank located in Nuggehalli, 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 Nuggehalli.
- 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 Nuggehalli doesn't end up at another location.
Format of the IFSC Code CNRB0000590
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 Nuggehalli in Hassan.
For example, the IFSC Code CNRB0000590 of Canara Bank for the Nuggehalli branch includes these elements, identifying the bank and the branch location in Hassan and Karnataka correctly.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0000590 of Canara Bank for its Nuggehalli branch located in Hassan, 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 Hassan and Nuggehalli, 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 Nuggehalli or Hassan to find the exact IFSC Code CNRB0000590.
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 Hassan will provide accurate information.
How to Use IFSC Code CNRB0000590 for Online Transfers?
Once you have the IFSC Code CNRB0000590 for the Nuggehalli 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 CNRB0000590. 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 CNRB0000590.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Nuggehalli in Hassan 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 Nuggehalli, 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 Hassan manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0000590.
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 Tc Road, Nuggehalli , Channarayapatna Taluk, Hassan Dist, Karnataka - 573 131 located in Hassan, Nuggehalli, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.