Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Canara Bank for its Nri Branch,Malappuram branch in Malappuram, Malappuram, Kerala, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Canara Bank located in Malappuram or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code CNRB0002353. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Nri Branch,Malappuram, Malappuram
Here are the key points that are associated with the IFSC Code CNRB0002353 of Canara Bank for its branch located in Malappuram, within the district of Malappuram in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0002353 |
| Branch | Nri Branch,Malappuram |
| City | Malappuram |
| District | Malappuram |
| State | Kerala |
| Address | 277/15, Tirur Road,, Downhill,, Malappuram, (Kerala) |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Malappuram for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0002353 for the Nri Branch,Malappuram 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 Nri Branch,Malappuram, Malappuram, Kerala, is provided with a unique IFSC like CNRB0002353 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Malappuram.
- 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 Malappuram and Malappuram.
- 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 Nri Branch,Malappuram do not get mixed with another location.
Format of the IFSC Code CNRB0002353
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 Nri Branch,Malappuram in Malappuram.
For example, the IFSC Code CNRB0002353 of Canara Bank for the Nri Branch,Malappuram branch includes these elements, identifying the bank and the branch location in Malappuram and Kerala accurately.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0002353 of Canara Bank for its Nri Branch,Malappuram branch located in Malappuram, 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
You can easily find the IFSC and MICR codes because most banks, including Canara Bank branches in Malappuram and Malappuram, print them 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 Nri Branch,Malappuram or Malappuram to get the exact IFSC Code CNRB0002353.
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 Malappuram, you'll get the correct details.
How to Use IFSC Code CNRB0002353 for Online Transfers?
Once you have the IFSC Code CNRB0002353 for the Nri Branch,Malappuram branch of Canara Bank in Malappuram, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0002353. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 CNRB0002353.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Nri Branch,Malappuram in Malappuram, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Canara Bank in Nri Branch,Malappuram, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Canara Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Malappuram manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0002353.
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 277/15, Tirur Road,, Downhill,, Malappuram, (Kerala) located in Malappuram, Malappuram, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.