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 Spld Arm Branch Kozhikode branch in Kozhikode Dist, Kozhikode, 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 Kozhikode Dist or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code CNRB0007594. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Spld Arm Branch Kozhikode, Kozhikode Dist
Here are the key points that are associated with the IFSC Code CNRB0007594 of Canara Bank for its branch located in Kozhikode Dist, within the district of Kozhikode in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0007594 |
| Branch | Spld Arm Branch Kozhikode |
| City | Kozhikode Dist |
| District | Kozhikode |
| State | Kerala |
| Address | Iyudiziddi-6735 |
These details helps users in online banking and for businesses and individuals who use Canara Bank in Kozhikode Dist for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0007594 for the Spld Arm Branch Kozhikode 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 that is provided by the Reserve Bank of India. A unique IFSC like CNRB0007594 is given to every bank branch, including Canara Bank located in Spld Arm Branch Kozhikode, Kozhikode Dist, 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 Kozhikode Dist.
- 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 Kozhikode Dist and Kozhikode.
- 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 Spld Arm Branch Kozhikode doesn't end up at another location.
Format of the IFSC Code CNRB0007594
The format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Canara Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Spld Arm Branch Kozhikode in Kozhikode Dist.
For example, the IFSC Code CNRB0007594 of Canara Bank for the Spld Arm Branch Kozhikode branch includes these elements, identifying the bank and the branch location in Kozhikode Dist and Kerala accurately.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0007594 of Canara Bank for its Spld Arm Branch Kozhikode branch located in Kozhikode Dist, 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 Kozhikode Dist and Kozhikode, 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 Spld Arm Branch Kozhikode or Kozhikode Dist to get the exact IFSC Code CNRB0007594.
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 Kozhikode Dist, you'll get the correct details.
How to Use IFSC Code CNRB0007594 for Online Transfers?
Once you have the IFSC Code CNRB0007594 for the Spld Arm Branch Kozhikode branch of Canara Bank in Kozhikode Dist, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0007594. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Canara Bank IFSC Code CNRB0007594.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Canara Bank Spld Arm Branch Kozhikode in Kozhikode Dist, it can 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 Spld Arm Branch Kozhikode, 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 Kozhikode Dist manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0007594.
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 Iyudiziddi-6735 located in Kozhikode Dist, Kozhikode, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.