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 Koombara branch in Kozhikode, Koodaranhi, Kerala, 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 Kozhikode or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code CNRB0001698. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Koombara, Kozhikode

Below in the table are the key details related to IFSC Code CNRB0001698 of Canara Bank for its branch located in Kozhikode, within the district of Koodaranhi in the state of Kerala.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0001698
Branch Koombara
City Kozhikode
District Koodaranhi
State Kerala
Address Koompara, D No.Kp 733 B/Iv,, Koombara Bazar Post, Via Koodaranji 673604

These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Kozhikode for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0001698 for the Koombara 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 Koombara, Kozhikode, Kerala, is provided with a unique IFSC like CNRB0001698 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Kozhikode.
  • 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 Kozhikode and Koodaranhi.
  • 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 Koombara do not get mixed with another location.

Format of the IFSC Code CNRB0001698

This is the format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Canara Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Koombara in Kozhikode.

For example, the IFSC Code CNRB0001698 of Canara Bank for the Koombara branch includes these elements, identifying the bank and the branch location in Kozhikode and Kerala accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0001698 of Canara Bank for its Koombara branch located in Kozhikode, 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 and Koodaranhi, 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 Koombara or Kozhikode to get the exact IFSC Code CNRB0001698.

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, you'll get the correct details.

How to Use IFSC Code CNRB0001698 for Online Transfers?

If you have the IFSC Code CNRB0001698 for the Koombara branch of Canara Bank in Kozhikode, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0001698. 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 CNRB0001698.

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 Koombara in Kozhikode, 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 Koombara, 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 Kozhikode to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Koombara, Kozhikode?

The IFSC Code is CNRB0001698.

Is the IFSC Code CNRB0001698 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Koombara?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Koombara branch?

The address of the branch is Koompara, D No.Kp 733 B/Iv,, Koombara Bazar Post, Via Koodaranji 673604 located in Kozhikode, Koodaranhi, 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.