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 K Shettihalli branch in Mandya, Mandya, Karnataka, 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 Mandya or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code CNRB0004347. 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, K Shettihalli, Mandya
Below in the table are the key details related to IFSC Code CNRB0004347 of Canara Bank for its branch located in Mandya, within the district of Mandya in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0004347 |
| Branch | K Shettihalli |
| City | Mandya |
| District | Mandya |
| State | Karnataka |
| Address | Canara Bank, K.Shettihalli┬Á Dno 112, Marigudi Street K.Shettihalli Village And Post, Srirangapatna Taluk Mandya Dist Karnataka, Pin 571807 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Mandya for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0004347 for the K Shettihalli 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 K Shettihalli, Mandya, Karnataka, are allotted a unique IFSC like CNRB0004347 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Mandya.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Mandya and Mandya.
- 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 K Shettihalli reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code CNRB0004347
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 K Shettihalli in Mandya.
For example, the IFSC Code CNRB0004347 of Canara Bank for the K Shettihalli branch includes these elements, identifying the bank and the branch location in Mandya and Karnataka accurately.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0004347 of Canara Bank for its K Shettihalli branch located in Mandya, 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 Mandya and Mandya, 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 K Shettihalli or Mandya to get the exact IFSC Code CNRB0004347.
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 Mandya that will provide accurate information.
How to Use IFSC Code CNRB0004347 for Online Transfers?
Once you have the IFSC Code CNRB0004347 for the K Shettihalli branch of Canara Bank in Mandya, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0004347. 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 CNRB0004347.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank K Shettihalli in Mandya, 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 K Shettihalli, 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 Mandya manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0004347.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Canara Bank, K.Shettihalli┬Á Dno 112, Marigudi Street K.Shettihalli Village And Post, Srirangapatna Taluk Mandya Dist Karnataka, Pin 571807 located in Mandya, Mandya, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.