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 Anavatti branch in Shimoga, Anavatti, 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 Shimoga or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0004220. 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, Anavatti, Shimoga
The table below shows the main details of the IFSC Code CNRB0004220 for the Canara Bank branch in Shimoga, which falls under the Anavatti district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0004220 |
| Branch | Anavatti |
| City | Shimoga |
| District | Anavatti |
| State | Karnataka |
| Address | Canara Bank, J C Badavane, Shiralakoppa, Road, Anavatti - 577413 (Soraba Tq) Shivamogga Dist |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Shimoga for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0004220 for the Anavatti branch of Canara Bank has an 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 CNRB0004220 is given to every bank branch, including Canara Bank located in Anavatti, Shimoga, Karnataka, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Shimoga.
- 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 Shimoga and Anavatti.
- 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 Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Anavatti doesn't end up at another location.
Format of the IFSC Code CNRB0004220
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 Anavatti in Shimoga.
For example, the IFSC Code CNRB0004220 of Canara Bank for the Anavatti branch includes these elements, identifying the bank and the branch location in Shimoga and Karnataka accurately.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0004220 of Canara Bank for its Anavatti branch located in Shimoga, 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 Shimoga and Anavatti, 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 Anavatti or Shimoga to get the exact IFSC Code CNRB0004220.
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 Shimoga, you'll get the correct details.
How to Use IFSC Code CNRB0004220 for Online Transfers?
Once you have the IFSC Code CNRB0004220 for the Anavatti branch of Canara Bank in Shimoga, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0004220. 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 CNRB0004220.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Anavatti in Shimoga, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Canara Bank in Anavatti, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Shimoga manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0004220.
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 Canara Bank, J C Badavane, Shiralakoppa, Road, Anavatti - 577413 (Soraba Tq) Shivamogga Dist located in Shimoga, Anavatti, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.