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 Mahe branch in Mahe, Mahe, Puducherry, 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 Mahe or anywhere in Puducherry can transfer funds instantly by using the correct IFSC Code CNRB0005969. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Mahe, Mahe

Here are some of the key details that come with the IFSC Code CNRB0005969 of Canara Bank for its branch located in Mahe, within the district of Mahe in the state of Puducherry.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0005969
Branch Mahe
City Mahe
District Mahe
State Puducherry
Address Canara Bank Bldg No 4 334 Manikoth Opp Civil Station Mahe Mahe Kerala 673310

These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Mahe for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0005969 for the Mahe 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 Mahe, Mahe, Puducherry, are given a unique IFSC like CNRB0005969 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It helps ensure that any money sent to Canara Bank in Mahe goes to the correct branch. This is important because Canara Bank has thousands of branches in Puducherry and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CNRB0005969

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 Mahe in Mahe.

For example, the IFSC Code CNRB0005969 of Canara Bank for the Mahe branch includes these elements, identifying the bank and the branch location in Mahe and Puducherry correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0005969 of Canara Bank for its Mahe branch located in Mahe, 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 Mahe and Mahe, 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 Mahe or Mahe to get the exact IFSC Code CNRB0005969.

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 Mahe that will provide accurate information.

How to Use IFSC Code CNRB0005969 for Online Transfers?

Once you have the IFSC Code CNRB0005969 for the Mahe branch of Canara Bank in Mahe, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0005969. 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 CNRB0005969.

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

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank Mahe Mahe?

The IFSC Code of the Mahe Mahe branch is CNRB0005969.

Is IFSC Code CNRB0005969 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 Mahe branch?

The branch is located at Canara Bank Bldg No 4 334 Manikoth Opp Civil Station Mahe Mahe Kerala 673310.

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.

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