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 Gummadavalle branch in Rangareddy, Kandukur, or Telangana, 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 Rangareddy or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code CNRB0013093. 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, Gummadavalle, Rangareddy
Below in the table are the key details related to IFSC Code CNRB0013093 of Canara Bank for its branch located in Rangareddy, within the district of Kandukur in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0013093 |
| Branch | Gummadavalle |
| City | Rangareddy |
| District | Kandukur |
| State | Telangana |
| Address | Gummadavelly Village Kandukur Mandal Rangareddy Dist 501 506 |
These details help users in online banking and for businesses and individuals who use Canara Bank in Rangareddy for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0013093 for the Gummadavalle branch of Canara Bank has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like CNRB0013093 is given to every bank branch, including Canara Bank located in Gummadavalle, Rangareddy, Telangana, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Rangareddy.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Rangareddy and Kandukur.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Telangana and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Gummadavalle doesn't end up at another location.
Format of the IFSC Code CNRB0013093
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 Gummadavalle in Rangareddy.
For example, the IFSC Code CNRB0013093 of Canara Bank for the Gummadavalle branch includes these elements, identifying the bank and the branch location in Rangareddy and Telangana accurately.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0013093 of Canara Bank for its Gummadavalle branch located in Rangareddy, 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 Rangareddy and Kandukur, 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 Gummadavalle or Rangareddy to find the exact IFSC Code CNRB0013093.
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 Rangareddy will provide accurate information.
How to Use IFSC Code CNRB0013093 for Online Transfers?
Once you have the IFSC Code CNRB0013093 for the Gummadavalle branch of Canara Bank in Rangareddy, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0013093. 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 CNRB0013093.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Gummadavalle in Rangareddy 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 Gummadavalle, 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 Rangareddy manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0013093.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Gummadavelly Village Kandukur Mandal Rangareddy Dist 501 506 located in Rangareddy, Kandukur, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.