The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Canara Bank for its Karunagapalli Ii branch in Kollam, Karunagapally, Kerala, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Canara Bank located in Kollam or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code CNRB0014510. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Karunagapalli Ii, Kollam
Here are the key points that are associated with the IFSC Code CNRB0014510 of Canara Bank for its branch located in Kollam, within the district of Karunagapally in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0014510 |
| Branch | Karunagapalli Ii |
| City | Kollam |
| District | Karunagapally |
| State | Kerala |
| Address | Kp X By 218 Valiyath Plaza Nh 247 Opp Ksrtc Bus Stand Karunagapally Kollam 690 518 |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Kollam for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0014510 for the Karunagapalli Ii branch of Canara Bank plays 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 CNRB0014510 is given to every bank branch, including Canara Bank located in Karunagapalli Ii, Kollam, Kerala, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Kollam.
- 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 Kollam and Karunagapally.
- 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 Kerala and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Karunagapalli Ii doesn't end up at another location.
Format of the IFSC Code CNRB0014510
The format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Canara Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Karunagapalli Ii in Kollam.
For example, the IFSC Code CNRB0014510 of Canara Bank for the Karunagapalli Ii branch has these elements, identifying the bank and the branch location in Kollam and Kerala correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0014510 of Canara Bank for its Karunagapalli Ii branch located in Kollam, 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 Kollam and Karunagapally, 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 Karunagapalli Ii or Kollam to get the exact IFSC Code CNRB0014510.
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 Kollam, you'll get the correct details.
How to Use IFSC Code CNRB0014510 for Online Transfers?
Once you have the IFSC Code CNRB0014510 for the Karunagapalli Ii branch of Canara Bank in Kollam, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0014510. 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 CNRB0014510.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Karunagapalli Ii in Kollam, 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 Karunagapalli 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 Kollam manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0014510.
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 Kp X By 218 Valiyath Plaza Nh 247 Opp Ksrtc Bus Stand Karunagapally Kollam 690 518 located in Kollam, Karunagapally, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.