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 Kandanur branch in Sivaganga, Kandanur, 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 Sivaganga or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code CNRB0002863. 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, Kandanur, Sivaganga
The table below shows the main details of the IFSC Code CNRB0002863 for the Canara Bank branch in Sivaganga, which falls under the Kandanur district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0002863 |
| Branch | Kandanur |
| City | Sivaganga |
| District | Kandanur |
| State | Tamil Nadu |
| Address | 23, Pillayar Koil Street,, K A N D A N U R, Dist Sivaganga, Tamilnadu - 630104 |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Sivaganga for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0002863 for the Kandanur 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 that is provided by the Reserve Bank of India. A unique IFSC like CNRB0002863 is given to every bank branch, including Canara Bank located in Kandanur, Sivaganga, Tamil Nadu, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Sivaganga.
- 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 Sivaganga and Kandanur.
- 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 Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Kandanur doesn't end up at another location.
Format of the IFSC Code CNRB0002863
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 Kandanur in Sivaganga.
For example, the IFSC Code CNRB0002863 of Canara Bank for the Kandanur branch includes these elements, identifying the bank and the branch location in Sivaganga and Tamil Nadu accurately.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0002863 of Canara Bank for its Kandanur branch located in Sivaganga, 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 Sivaganga and Kandanur, 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 Kandanur or Sivaganga to get the exact IFSC Code CNRB0002863.
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 Sivaganga, you'll get the correct details.
How to Use IFSC Code CNRB0002863 for Online Transfers?
Once you have the IFSC Code CNRB0002863 for the Kandanur branch of Canara Bank in Sivaganga, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0002863. 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 CNRB0002863.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Kandanur in Sivaganga may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Canara Bank in Kandanur, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Canara Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Sivaganga manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0002863.
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 23, Pillayar Koil Street,, K A N D A N U R, Dist Sivaganga, Tamilnadu - 630104 located in Sivaganga, Kandanur, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.