The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Canara Bank for its Sunnadakoppa branch in Shimoga, Sunnadakoppa, Karnataka, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Canara Bank located in Shimoga or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0001502. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Sunnadakoppa, Shimoga
The table below shows the main details of the IFSC Code CNRB0001502 for the Canara Bank branch in Shimoga, which falls under the Sunnadakoppa district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0001502 |
| Branch | Sunnadakoppa |
| City | Shimoga |
| District | Sunnadakoppa |
| State | Karnataka |
| Address | Sunnadakoppa, , Shikaripura Post, Shimoga District(Karnataka) - 577428 |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Shimoga for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0001502 for the Sunnadakoppa branch of Canara Bank is vital.
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 Sunnadakoppa, Shimoga, Karnataka, is provided with a unique IFSC like CNRB0001502 to ensure that online payments reach the right destination.
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 errors or confusions between multiple branches of the same bank across different places like Shimoga and Sunnadakoppa.
- 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 Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Sunnadakoppa do not get mixed with another location.
Format of the IFSC Code CNRB0001502
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): 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 Sunnadakoppa in Shimoga.
For example, the IFSC Code CNRB0001502 of Canara Bank for the Sunnadakoppa 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 looking for the IFSC Code CNRB0001502 of Canara Bank for its Sunnadakoppa branch located in Shimoga, the following methods can help:
Cheque Book
The cheque book that is issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Canara Bank branches in Shimoga and Sunnadakoppa, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Canara Bank and look for the branch locator section, then search for Sunnadakoppa or Shimoga to get the exact IFSC Code CNRB0001502.
Mobile Banking App
If you use Canara Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Canara Bank and Shimoga, then it will provide you proper information.
How to Use IFSC Code CNRB0001502 for Online Transfers?
Once you have the IFSC Code CNRB0001502 for the Sunnadakoppa 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 CNRB0001502. 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 CNRB0001502.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Sunnadakoppa 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 differ from IFSC codes. If you are looking for the MICR code of Canara Bank in Sunnadakoppa, 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 Shimoga to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0001502.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Sunnadakoppa, , Shikaripura Post, Shimoga District(Karnataka) - 577428 located in Shimoga, Sunnadakoppa, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.