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 Madanahalli Cross branch in Kolar, Kolar, 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 Kolar or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0004067. 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, Madanahalli Cross, Kolar

Here are the main details that are associated with the IFSC Code CNRB0004067 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 CNRB0004067
Branch Madanahalli Cross
City Kolar
District Kolar
State Karnataka
Address Panchayat Building, Madanahalli Cross - 563126

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 CNRB0004067 for the Madanahalli Cross 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 that is provided by the Reserve Bank of India. A unique IFSC like CNRB0004067 is given to every bank branch, including Canara Bank located in Madanahalli Cross, Kolar, 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 Kolar.
  • 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 Kolar and Kolar.
  • 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 Madanahalli Cross doesn't end up at another location.

Format of the IFSC Code CNRB0004067

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 Madanahalli Cross in Kolar.

For example, the IFSC Code CNRB0004067 of Canara Bank for the Madanahalli Cross 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 CNRB0004067 of Canara Bank for its Madanahalli Cross 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

Most banks, including Canara Bank branches in Kolar and Kolar, print the IFSC and MICR codes 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 Madanahalli Cross or Kolar to get the exact IFSC Code CNRB0004067.

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 CNRB0004067 for Online Transfers?

If you have the IFSC Code CNRB0004067 for the Madanahalli Cross branch of Canara Bank in Kolar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0004067. Transfers are processed in batches. 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. Asks for the recipient's account details and Canara Bank IFSC Code CNRB0004067.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Canara Bank Madanahalli Cross in Kolar, it 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 Madanahalli Cross, 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)

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

The IFSC Code is CNRB0004067.

Is the IFSC Code CNRB0004067 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 Madanahalli Cross?

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 Madanahalli Cross branch?

The address of the branch is Panchayat Building, Madanahalli Cross - 563126 located in Kolar, Kolar, 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.

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