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 Salem Johnsonpet branch in Salem, Salem, 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 Salem or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code CNRB0016300. 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, Salem Johnsonpet, Salem

Below in the table are the key details related to IFSC Code CNRB0016300 of Canara Bank for its branch located in Salem, within the district of Salem in the state of Tamil Nadu.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0016300
Branch Salem Johnsonpet
City Salem
District Salem
State Tamil Nadu
Address Jeevan Prakashbuilding Lic Of India D O Atc Bus Depot Salem Tamilnadu

These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Salem for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0016300 for the Salem Johnsonpet 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, including Canara Bank located in Salem Johnsonpet, Salem, Tamil Nadu, is provided with a unique IFSC like CNRB0016300 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Salem.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Salem and Salem.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Salem Johnsonpet do not get mixed with another location.

Format of the IFSC Code CNRB0016300

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Canara Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Salem Johnsonpet in Salem.

For example, the IFSC Code CNRB0016300 of Canara Bank for the Salem Johnsonpet branch includes these elements, identifying the bank and the branch location in Salem and Tamil Nadu accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0016300 of Canara Bank for its Salem Johnsonpet branch located in Salem, 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 Salem and Salem, 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 Salem Johnsonpet or Salem to get the exact IFSC Code CNRB0016300.

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 Salem that will provide accurate information.

How to Use IFSC Code CNRB0016300 for Online Transfers?

Once you have the IFSC Code CNRB0016300 for the Salem Johnsonpet branch of Canara Bank in Salem, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0016300. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Canara Bank IFSC Code CNRB0016300.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Canara Bank Salem Johnsonpet in Salem, it can 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 Salem Johnsonpet, 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 Salem to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Salem Johnsonpet, Salem?

The IFSC Code is CNRB0016300.

Is the IFSC Code CNRB0016300 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Salem Johnsonpet?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Salem Johnsonpet branch?

The address of the branch is Jeevan Prakashbuilding Lic Of India D O Atc Bus Depot Salem Tamilnadu located in Salem, Salem, Tamil Nadu.

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.

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