For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Canara Bank for its Dadinayakana Doddi branch in Kolar, Kolar, Karnataka, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Canara Bank located in Kolar or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0004065. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Dadinayakana Doddi, Kolar
Here are the main details that are associated with the IFSC Code CNRB0004065 of Canara Bank for its branch located in Kolar, within the district of Kolar in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0004065 |
| Branch | Dadinayakana Doddi |
| City | Kolar |
| District | Kolar |
| State | Karnataka |
| Address | Samudaya Bhavan, D N Doddi - 563139 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Kolar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0004065 for the Dadinayakana Doddi 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 Dadinayakana Doddi, Kolar, Karnataka, is provided with a unique IFSC like CNRB0004065 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 Kolar.
- 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 Dadinayakana Doddi do not get mixed with another location.
Format of the IFSC Code CNRB0004065
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 Dadinayakana Doddi in Kolar.
For example, the IFSC Code CNRB0004065 of Canara Bank for the Dadinayakana Doddi branch includes these elements, identifying the bank and the branch location in Kolar and Karnataka correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0004065 of Canara Bank for its Dadinayakana Doddi branch located in Kolar, 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 Kolar and Kolar, 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 Dadinayakana Doddi or Kolar to get the exact IFSC Code CNRB0004065.
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 Kolar that will provide accurate information.
How to Use IFSC Code CNRB0004065 for Online Transfers?
Once you have the IFSC Code CNRB0004065 for the Dadinayakana Doddi 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 CNRB0004065. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 CNRB0004065.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Dadinayakana Doddi 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 Dadinayakana Doddi, 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 Kolar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0004065.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Samudaya Bhavan, D N Doddi - 563139 located in Kolar, Kolar, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.