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 Agricultural Credit Centre Salem branch in Namakkal, Namakkal, Tamil Nadu, 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 Namakkal or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code CNRB0007271. 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, Agricultural Credit Centre Salem, Namakkal
Here are the key points that are associated with the IFSC Code CNRB0007271 of Canara Bank for its branch located in Namakkal, within the district of Namakkal in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0007271 |
| Branch | Agricultural Credit Centre Salem |
| City | Namakkal |
| District | Namakkal |
| State | Tamil Nadu |
| Address | 1-88 Salem Main Road,Namakkal,Tamil Nadu,637003 |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Namakkal for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0007271 for the Agricultural Credit Centre Salem 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 Agricultural Credit Centre Salem, Namakkal, Tamil Nadu, are allotted a unique IFSC like CNRB0007271 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Namakkal.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Namakkal and Namakkal.
- 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 Agricultural Credit Centre Salem reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.
Format of the IFSC Code CNRB0007271
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): These represent the bank code. In Canara Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Agricultural Credit Centre Salem in Namakkal.
For example, the IFSC Code CNRB0007271 of Canara Bank for the Agricultural Credit Centre Salem branch has these elements, identifying the bank and the branch location in Namakkal and Tamil Nadu correctly.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0007271 of Canara Bank for its Agricultural Credit Centre Salem branch located in Namakkal, 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 Namakkal and Namakkal, 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 Agricultural Credit Centre Salem or Namakkal to find the exact IFSC Code CNRB0007271.
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 Namakkal will provide accurate information.
How to Use IFSC Code CNRB0007271 for Online Transfers?
Once you have the IFSC Code CNRB0007271 for the Agricultural Credit Centre Salem branch of Canara Bank in Namakkal, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0007271. Transfers are processed in batches. This is suitable for 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 CNRB0007271.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Agricultural Credit Centre Salem in Namakkal may 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 Agricultural Credit Centre Salem, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Namakkal to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Agricultural Credit Centre Salem Namakkal branch is CNRB0007271.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at 1-88 Salem Main Road,Namakkal,Tamil Nadu,637003.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.