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 Kothagudem Ii branch in Khammam, Khammam, Telangana, 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 Khammam or anywhere in Telangana can easily transfer funds instantly by using the correct IFSC Code CNRB0013323. 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, Kothagudem Ii, Khammam
Here are some of the key details that come with the IFSC Code CNRB0013323 of Canara Bank for its branch located in Khammam, within the district of Khammam in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0013323 |
| Branch | Kothagudem Ii |
| City | Khammam |
| District | Khammam |
| State | Telangana |
| Address | D No 5 3 62 63 Behind Talipally Residency Kothagudem Khammam Dt Telangana 507101 |
These details help users in online banking and for businesses and individuals who use Canara Bank in Khammam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0013323 for the Kothagudem Ii 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 CNRB0013323 is given to every bank branch, including Canara Bank located in Kothagudem Ii, Khammam, Telangana, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Khammam.
- 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 Khammam and Khammam.
- 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 Telangana and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Kothagudem Ii doesn't end up at another location.
Format of the IFSC Code CNRB0013323
This is the format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Canara Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Kothagudem Ii in Khammam.
For example, the IFSC Code CNRB0013323 of Canara Bank for the Kothagudem Ii branch includes these elements, identifying the bank and the branch location in Khammam and Telangana accurately.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0013323 of Canara Bank for its Kothagudem Ii branch located in Khammam, 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 Khammam and Khammam, 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 Kothagudem Ii or Khammam to find the exact IFSC Code CNRB0013323.
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 Khammam will provide accurate information.
How to Use IFSC Code CNRB0013323 for Online Transfers?
Once you have the IFSC Code CNRB0013323 for the Kothagudem Ii branch of Canara Bank in Khammam, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0013323. 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 CNRB0013323.
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 Kothagudem Ii in Khammam, it can 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 Kothagudem Ii, 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 Khammam manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0013323.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is D No 5 3 62 63 Behind Talipally Residency Kothagudem Khammam Dt Telangana 507101 located in Khammam, Khammam, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.