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 Koothali branch in Kozhikode, Calicut, 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 or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code CNRB0004086. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Koothali, Kozhikode
Here are the main details that are associated with the IFSC Code CNRB0004086 of Canara Bank for its branch located in Kozhikode, within the district of Calicut in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0004086 |
| Branch | Koothali |
| City | Kozhikode |
| District | Calicut |
| State | Kerala |
| Address | Xii/316A, 316/B, 316/C Ground Floor Koothali P O Calicut Dist 673525 |
These details help users in online banking and for businesses and individuals who use Canara Bank in Kozhikode for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0004086 for the Koothali branch of Canara Bank has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Koothali, Kozhikode, Kerala, is provided a unique IFSC like CNRB0004086 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Canara Bank branch in Kozhikode.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Kozhikode and Calicut.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Kerala and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Koothali do not get misguided to another person.
Format of the IFSC Code CNRB0004086
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 Koothali in Kozhikode.
For example, the IFSC Code CNRB0004086 of Canara Bank for the Koothali branch includes these elements, identifying the bank and the branch location in Kozhikode and Kerala correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0004086 of Canara Bank for its Koothali branch located in Kozhikode, the following methods can help:
Cheque Book
The cheque books that are issued by Canara Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Canara Bank branches in Kozhikode and Calicut, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Canara Bank and find the branch locator section. Search for Koothali or Kozhikode to get the exact IFSC Code CNRB0004086.
Mobile Banking App
If you use Canara Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Canara Bank and Kozhikode that will provide accurate information.
How to Use IFSC Code CNRB0004086 for Online Transfers?
Once you have the IFSC Code CNRB0004086 for the Koothali branch of Canara Bank in Kozhikode, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0004086. Transfers are processed in batches. This is 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. Requires the recipient's account details and Canara Bank IFSC Code CNRB0004086.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Koothali in Kozhikode 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 Koothali, 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)
The IFSC Code is CNRB0004086.
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 Xii/316A, 316/B, 316/C Ground Floor Koothali P O Calicut Dist 673525 located in Kozhikode, Calicut, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.