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 Beechiganahalli branch in Kolar, Beechaganahalli, 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 Kolar or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code CNRB0001294. 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, Beechiganahalli, Kolar

The table below shows the main details of the IFSC Code CNRB0001294 for the Canara Bank branch in Kolar, which falls under the Beechaganahalli district in Karnataka.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0001294
Branch Beechiganahalli
City Kolar
District Beechaganahalli
State Karnataka
Address 205,Beechiganahalli, Gudibande Taluk, Dist Kolar, (Karnataka)

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Kolar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0001294 for the Beechiganahalli branch of Canara Bank is vital.

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 Beechiganahalli, Kolar, Karnataka, is provided with a unique IFSC like CNRB0001294 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Kolar.
  • 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 Kolar and Beechaganahalli.
  • 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 Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Beechiganahalli do not get mixed with another location.

Format of the IFSC Code CNRB0001294

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 Beechiganahalli in Kolar.

For example, the IFSC Code CNRB0001294 of Canara Bank for the Beechiganahalli branch includes these elements, identifying the bank and the branch location in Kolar and Karnataka accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0001294 of Canara Bank for its Beechiganahalli branch located in Kolar, the following methods can help:

Cheque Book

The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Canara Bank branches in Kolar and Beechaganahalli, print them on the first page of your passbook.

Bank Website

Visit the official website of Canara Bank and navigate to the branch locator section. Search for Beechiganahalli or Kolar to get the exact IFSC Code CNRB0001294.

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 keeps an updated list of all IFSC codes. If you search for Canara Bank and Kolar, you'll get the correct details.

How to Use IFSC Code CNRB0001294 for Online Transfers?

Once you have the IFSC Code CNRB0001294 for the Beechiganahalli branch of Canara Bank in Kolar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0001294. The transfer is completed in batches instead of instantly. It is useful for both 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 CNRB0001294.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Beechiganahalli in Kolar, your payment can get delayed or might not go through at all.

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 Beechiganahalli, 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 Kolar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Beechiganahalli, Kolar?

The IFSC Code is CNRB0001294.

Is the IFSC Code CNRB0001294 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 Beechiganahalli?

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 Beechiganahalli branch?

The address of the branch is 205,Beechiganahalli, Gudibande Taluk, Dist Kolar, (Karnataka) located in Kolar, Beechaganahalli, 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.