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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Canara Bank for its Deosgur branch in Raichur, Deosgur, or Karnataka, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Canara Bank located in Raichur or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0011813. 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, Deosgur, Raichur

Here are the key points that are associated with the IFSC Code CNRB0011813 of Canara Bank for its branch located in Raichur, within the district of Deosgur in the state of Karnataka.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0011813
Branch Deosgur
City Raichur
District Deosgur
State Karnataka
Address Main Shopping Complex Rtps Colony Shaktinagar Post Deosgur Raichur 584 170

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Raichur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0011813 for the Deosgur branch of Canara Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Deosgur, Raichur, Karnataka, is provided a unique IFSC like CNRB0011813 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Canara Bank branch in Raichur.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Raichur and Deosgur.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Karnataka and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Deosgur do not get misguided to another person.

Format of the IFSC Code CNRB0011813

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 Deosgur in Raichur.

For example, the IFSC Code CNRB0011813 of Canara Bank for the Deosgur branch has these elements, identifying the bank and the branch location in Raichur and Karnataka correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0011813 of Canara Bank for its Deosgur branch located in Raichur, 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 Raichur and Deosgur, 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 Deosgur or Raichur to get the exact IFSC Code CNRB0011813.

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 Raichur, you'll get the correct details.

How to Use IFSC Code CNRB0011813 for Online Transfers?

If you have the IFSC Code CNRB0011813 for the Deosgur branch of Canara Bank in Raichur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0011813. Transfers are processed in batches. 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. Asks for the recipient's account details and Canara Bank IFSC Code CNRB0011813.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Canara Bank Deosgur in Raichur, it 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 Deosgur, 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 Raichur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Deosgur, Raichur?

The IFSC Code is CNRB0011813.

Is the IFSC Code CNRB0011813 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 Deosgur?

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 Deosgur branch?

The address of the branch is Main Shopping Complex Rtps Colony Shaktinagar Post Deosgur Raichur 584 170 located in Raichur, Deosgur, 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.