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 Valanchery Ii branch in Malappuram, Malappuram, Kerala, 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 Malappuram or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code CNRB0014606. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Valanchery Ii, Malappuram
Here are the main details that are associated with the IFSC Code CNRB0014606 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 | CNRB0014606 |
| Branch | Valanchery Ii |
| City | Malappuram |
| District | Malappuram |
| State | Kerala |
| Address | 3 861 H Rahath Tower Kuttippuram Road Valanchery Malappuram Kerala 676552 |
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 CNRB0014606 for the Valanchery Ii 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 Valanchery Ii, Malappuram, Kerala, are allotted a unique IFSC like CNRB0014606 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 Valanchery Ii reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code CNRB0014606
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 Valanchery Ii in Malappuram.
For example, the IFSC Code CNRB0014606 of Canara Bank for the Valanchery Ii branch includes these elements, identifying the bank and the branch location in Malappuram and Kerala correctly.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0014606 of Canara Bank for its Valanchery Ii branch located in Malappuram, 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 Malappuram and Malappuram, 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 Valanchery Ii or Malappuram to find the exact IFSC Code CNRB0014606.
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 Malappuram will provide accurate information.
How to Use IFSC Code CNRB0014606 for Online Transfers?
Once you have the IFSC Code CNRB0014606 for the Valanchery Ii 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 CNRB0014606. 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 CNRB0014606.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Valanchery Ii in Malappuram, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Canara Bank in Valanchery Ii, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Malappuram manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0014606.
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 3 861 H Rahath Tower Kuttippuram Road Valanchery Malappuram Kerala 676552 located in Malappuram, Malappuram, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.