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 Shoolagiri branch in Krishnagiri, Shoolagiri, Tamil Nadu, 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 Krishnagiri or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code CNRB0016470. 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, Shoolagiri, Krishnagiri

Here are the key points that are associated with the IFSC Code CNRB0016470 of Canara Bank for its branch located in Krishnagiri, within the district of Shoolagiri in the state of Tamil Nadu.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0016470
Branch Shoolagiri
City Krishnagiri
District Shoolagiri
State Tamil Nadu
Address No 54 1 A Opp To New Bus Stand Hosur Main Road Shoolagiri Dist Krishnagiri Krishnagiri Tamil Nadu India 635117

These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Krishnagiri for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0016470 for the Shoolagiri branch of Canara Bank has an 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 Shoolagiri, Krishnagiri, Tamil Nadu, is provided a unique IFSC like CNRB0016470 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Canara Bank branch in Krishnagiri.
  • 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 Krishnagiri and Shoolagiri.
  • 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 Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Shoolagiri do not get misguided to another person.

Format of the IFSC Code CNRB0016470

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 Shoolagiri in Krishnagiri.

For example, the IFSC Code CNRB0016470 of Canara Bank for the Shoolagiri branch includes these elements, identifying the bank and the branch location in Krishnagiri and Tamil Nadu accurately.

How to Find IFSC Code for Canara Bank?

To find the IFSC Code CNRB0016470 of Canara Bank for its Shoolagiri branch located in Krishnagiri, the following methods can help you out:

Cheque Book

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

Passbook

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

Bank Website

Visit the official website of Canara Bank and go to the branch locator section. Then search for Shoolagiri or Krishnagiri to find the exact IFSC Code CNRB0016470.

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 maintains an updated database of all IFSC codes. Searching for Canara Bank and Krishnagiri will provide accurate information.

How to Use IFSC Code CNRB0016470 for Online Transfers?

Once you have the IFSC Code CNRB0016470 for the Shoolagiri branch of Canara Bank in Krishnagiri, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0016470. 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 CNRB0016470.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Shoolagiri in Krishnagiri, 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 Shoolagiri, 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 Krishnagiri manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Shoolagiri, Krishnagiri?

The IFSC Code is CNRB0016470.

Is the IFSC Code CNRB0016470 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 Shoolagiri?

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 Shoolagiri branch?

The address of the branch is No 54 1 A Opp To New Bus Stand Hosur Main Road Shoolagiri Dist Krishnagiri Krishnagiri Tamil Nadu India 635117 located in Krishnagiri, Shoolagiri, Tamil Nadu.

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.