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 Shivalli branch in Mandya, Shivalli, Karnataka, 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 Mandya or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0011602. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Shivalli, Mandya

Here are some of the key details that come with the IFSC Code CNRB0011602 of Canara Bank for its branch located in Mandya, within the district of Shivalli in the state of Karnataka.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0011602
Branch Shivalli
City Mandya
District Shivalli
State Karnataka
Address Mandya Melkote Road Dudda Hobli Mandya Tq

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Mandya for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0011602 for the Shivalli branch of Canara Bank is vital.

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 Shivalli, Mandya, Karnataka, are allotted a unique IFSC like CNRB0011602 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 Shivalli.
  • 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 Shivalli reaches the right place, even though there are thousands of branches in Karnataka and across India.

Format of the IFSC Code CNRB0011602

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 Shivalli in Mandya.

For example, the IFSC Code CNRB0011602 of Canara Bank for the Shivalli 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 CNRB0011602 of Canara Bank for its Shivalli 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 Shivalli, 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 Shivalli or Mandya to get the exact IFSC Code CNRB0011602.

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 CNRB0011602 for Online Transfers?

Once you have the IFSC Code CNRB0011602 for the Shivalli branch of Canara Bank in Mandya, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0011602. 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 CNRB0011602.

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 Shivalli in Mandya, it can result in delayed or failed transactions.

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 Shivalli, 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 Mandya manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Shivalli, Mandya?

The IFSC Code is CNRB0011602.

Is the IFSC Code CNRB0011602 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Shivalli branch?

The address of the branch is Mandya Melkote Road Dudda Hobli Mandya Tq located in Mandya, Shivalli, Karnataka.

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.