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 Addanki branch in Prakasam, Addanki, Andhra Pradesh, 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 Prakasam or anywhere in Andhra Pradesh can easily transfer funds instantly by using the correct IFSC Code CNRB0006612. 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, Addanki, Prakasam

Here are some of the key details that come with the IFSC Code CNRB0006612 of Canara Bank for its branch located in Prakasam, within the district of Addanki in the state of Andhra Pradesh.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0006612
Branch Addanki
City Prakasam
District Addanki
State Andhra Pradesh
Address Canara Bank No 32 264 1 Nr Dr Rangarao Hospital Opp Indian Bank Addanki Addanki Prakasam District Andhra Pradesh 523201

These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Prakasam for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0006612 for the Addanki branch of Canara Bank plays 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 Addanki, Prakasam, Andhra Pradesh, are given a unique IFSC like CNRB0006612 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Prakasam.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Prakasam and Addanki.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Canara Bank in Addanki goes to the correct branch. This is important because Canara Bank has thousands of branches in Andhra Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CNRB0006612

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 Addanki in Prakasam.

For example, the IFSC Code CNRB0006612 of Canara Bank for the Addanki branch includes these elements, identifying the bank and the branch location in Prakasam and Andhra Pradesh correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0006612 of Canara Bank for its Addanki branch located in Prakasam, the following methods can help:

Cheque Book

The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Canara Bank branches in Prakasam and Addanki, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Canara Bank and navigate to the branch locator section. Search for Addanki or Prakasam to get the exact IFSC Code CNRB0006612.

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 keeps an updated list of all IFSC codes. If you search for Canara Bank and Prakasam, you'll get the correct details.

How to Use IFSC Code CNRB0006612 for Online Transfers?

Once you have the IFSC Code CNRB0006612 for the Addanki branch of Canara Bank in Prakasam, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0006612. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 CNRB0006612.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Addanki in Prakasam, 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 Addanki, 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 Prakasam manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank Addanki Prakasam?

The IFSC Code of the Addanki Prakasam branch is CNRB0006612.

Is IFSC Code CNRB0006612 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Canara Bank Addanki branch?

The branch is located at Canara Bank No 32 264 1 Nr Dr Rangarao Hospital Opp Indian Bank Addanki Addanki Prakasam District Andhra Pradesh 523201.

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.