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 Madurai Karuppayurani branch in Madurai, Karupayurani, 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 Madurai or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code CNRB0005663. 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, Madurai Karuppayurani, Madurai

The table below shows the main details of the IFSC Code CNRB0005663 for the Canara Bank branch in Madurai, which falls under the Karupayurani district in Tamil Nadu.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0005663
Branch Madurai Karuppayurani
City Madurai
District Karupayurani
State Tamil Nadu
Address 655 A Bharathipuram Madurai Sivagangai Main Rd Madurai Karuppayurani Tamil Nadu 625020

These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Madurai for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0005663 for the Madurai Karuppayurani 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, along with Canara Bank located in Madurai Karuppayurani, Madurai, Tamil Nadu, are allotted a unique IFSC like CNRB0005663 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Madurai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Madurai and Karupayurani.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Canara Bank in Madurai Karuppayurani reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.

Format of the IFSC Code CNRB0005663

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): 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 Madurai Karuppayurani in Madurai.

For example, the IFSC Code CNRB0005663 of Canara Bank for the Madurai Karuppayurani branch includes these elements, identifying the bank and the branch location in Madurai and Tamil Nadu accurately.

How to Find IFSC Code for Canara Bank?

To find the IFSC Code CNRB0005663 of Canara Bank for its Madurai Karuppayurani branch located in Madurai, 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 Madurai and Karupayurani, 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 Madurai Karuppayurani or Madurai to find the exact IFSC Code CNRB0005663.

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 Madurai will provide accurate information.

How to Use IFSC Code CNRB0005663 for Online Transfers?

Once you have the IFSC Code CNRB0005663 for the Madurai Karuppayurani branch of Canara Bank in Madurai, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0005663. 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 CNRB0005663.

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

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank Madurai Karuppayurani Madurai?

The IFSC Code of the Madurai Karuppayurani Madurai branch is CNRB0005663.

Is IFSC Code CNRB0005663 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Canara Bank Madurai Karuppayurani branch?

The branch is located at 655 A Bharathipuram Madurai Sivagangai Main Rd Madurai Karuppayurani Tamil Nadu 625020.

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.