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 Peddapalle branch in Peddapalle, Peddapalle, Telangana, 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 Peddapalle or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code CNRB0007289. 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, Peddapalle, Peddapalle

Here are the main details that are associated with the IFSC Code CNRB0007289 of Canara Bank for its branch located in Peddapalle, within the district of Peddapalle in the state of Telangana.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0007289
Branch Peddapalle
City Peddapalle
District Peddapalle
State Telangana
Address H No 2 1 105 D Peddapalle

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Peddapalle for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0007289 for the Peddapalle 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 Peddapalle, Peddapalle, Telangana, are allotted a unique IFSC like CNRB0007289 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code CNRB0007289

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Canara Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Peddapalle in Peddapalle.

For example, the IFSC Code CNRB0007289 of Canara Bank for the Peddapalle branch includes these elements, identifying the bank and the branch location in Peddapalle and Telangana accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0007289 of Canara Bank for its Peddapalle branch located in Peddapalle, 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 Peddapalle and Peddapalle, 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 Peddapalle or Peddapalle to get the exact IFSC Code CNRB0007289.

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 Peddapalle that will provide accurate information.

How to Use IFSC Code CNRB0007289 for Online Transfers?

Once you have the IFSC Code CNRB0007289 for the Peddapalle branch of Canara Bank in Peddapalle, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0007289. 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 CNRB0007289.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Peddapalle in Peddapalle, your payment can get delayed or might not go through at all.

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 Peddapalle, 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 Peddapalle manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Peddapalle, Peddapalle?

The IFSC Code is CNRB0007289.

Is the IFSC Code CNRB0007289 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 Peddapalle?

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 Peddapalle branch?

The address of the branch is H No 2 1 105 D Peddapalle located in Peddapalle, Peddapalle, Telangana.

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.