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 Peroorkada Ii branch in Kottayam, Peroor Kara, Kerala, 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 Kottayam or anywhere in Kerala can easily transfer funds instantly by using the correct IFSC Code CNRB0014034. 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, Peroorkada Ii, Kottayam

The table below shows the main details of the IFSC Code CNRB0014034 for the Canara Bank branch in Kottayam, which falls under the Peroor Kara district in Kerala.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0014034
Branch Peroorkada Ii
City Kottayam
District Peroor Kara
State Kerala
Address Ground Floor 5 3 1 Ward No 5 Santhwana Jn Ncc Road Ambalamukku Peroorkada Kerala

These details helps users in online banking and for businesses and individuals who use Canara Bank in Kottayam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0014034 for the Peroorkada Ii branch of Canara Bank plays a vital 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 Peroorkada Ii, Kottayam, Kerala, is provided with a unique IFSC like CNRB0014034 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Kottayam.
  • 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 Kottayam and Peroor Kara.
  • 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 Kerala and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Peroorkada Ii do not get mixed with another location.

Format of the IFSC Code CNRB0014034

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 Peroorkada Ii in Kottayam.

For example, the IFSC Code CNRB0014034 of Canara Bank for the Peroorkada Ii branch has these elements, identifying the bank and the branch location in Kottayam and Kerala correctly.

How to Find IFSC Code for Canara Bank?

If you are looking for the IFSC Code CNRB0014034 of Canara Bank for its Peroorkada Ii branch located in Kottayam, the following methods can help:

Cheque Book

The cheque book that is issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Canara Bank branches in Kottayam and Peroor Kara, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Canara Bank and look for the branch locator section, then search for Peroorkada Ii or Kottayam to get the exact IFSC Code CNRB0014034.

Mobile Banking App

If you use Canara Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Canara Bank and Kottayam, then it will provide you proper information.

How to Use IFSC Code CNRB0014034 for Online Transfers?

Once you have the IFSC Code CNRB0014034 for the Peroorkada Ii branch of Canara Bank in Kottayam, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0014034. 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 CNRB0014034.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Peroorkada Ii in Kottayam, 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 Peroorkada Ii, 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 Kottayam to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Peroorkada Ii, Kottayam?

The IFSC Code is CNRB0014034.

Is the IFSC Code CNRB0014034 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Peroorkada Ii?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Peroorkada Ii branch?

The address of the branch is Ground Floor 5 3 1 Ward No 5 Santhwana Jn Ncc Road Ambalamukku Peroorkada Kerala located in Kottayam, Peroor Kara, Kerala.

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.