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 Parambilpeedika 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 CNRB0001697. 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, Parambilpeedika, Malappuram

Below in the table are the key details related to IFSC Code CNRB0001697 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 CNRB0001697
Branch Parambilpeedika
City Malappuram
District Malappuram
State Kerala
Address D No.8/228A, I Floor H.S.Comp, Parambilpeedika, Dist Mallappuram, Kerala - 676 317

These details help users in online banking and for businesses and individuals who use Canara Bank in Malappuram for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0001697 for the Parambilpeedika 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Canara Bank located in Parambilpeedika, Malappuram, Kerala, are allotted a unique IFSC like CNRB0001697 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Malappuram.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Malappuram and Malappuram.
  • 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 Parambilpeedika reaches the right place, even though there are thousands of branches in Kerala and across India.

Format of the IFSC Code CNRB0001697

This is the format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Canara Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Parambilpeedika in Malappuram.

For example, the IFSC Code CNRB0001697 of Canara Bank for the Parambilpeedika 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 looking for the IFSC Code CNRB0001697 of Canara Bank for its Parambilpeedika branch located in Malappuram, the following methods can help:

Cheque Book

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

Passbook

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

Bank Website

You can visit the official website of Canara Bank and look for the branch locator section, then search for Parambilpeedika or Malappuram to get the exact IFSC Code CNRB0001697.

Mobile Banking App

If you use Canara Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Canara Bank and Malappuram, then it will provide you proper information.

How to Use IFSC Code CNRB0001697 for Online Transfers?

Once you have the IFSC Code CNRB0001697 for the Parambilpeedika branch of Canara Bank in Malappuram, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0001697. 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 CNRB0001697.

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 Parambilpeedika in Malappuram, 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 Parambilpeedika, 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 Malappuram manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Parambilpeedika, Malappuram?

The IFSC Code is CNRB0001697.

Is the IFSC Code CNRB0001697 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Parambilpeedika?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Parambilpeedika branch?

The address of the branch is D No.8/228A, I Floor H.S.Comp, Parambilpeedika, Dist Mallappuram, Kerala - 676 317 located in Malappuram, Malappuram, Kerala.

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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