IFSC Code of Canara Bank, Retail Assets Hub Karaikudi, Karaikudi, Tamil Nadu- CNRB0007061

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 Retail Assets Hub Karaikudi branch in Sivaganga, Karaikudi, or Tamil Nadu, 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 Sivaganga or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code CNRB0007061. 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, Retail Assets Hub Karaikudi, Sivaganga

Here are the key points that are associated with the IFSC Code CNRB0007061 of Canara Bank for its branch located in Sivaganga, within the district of Karaikudi in the state of Tamil Nadu.

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 CNRB0007061 for the Retail Assets Hub Karaikudi 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, along with Canara Bank located in Retail Assets Hub Karaikudi, Sivaganga, Tamil Nadu, are given a unique IFSC like CNRB0007061 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Sivaganga.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents any kind of confusion between different branches of the same bank in places like Sivaganga and Karaikudi.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Canara Bank in Retail Assets Hub Karaikudi goes to the correct branch. This is important because Canara Bank has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CNRB0007061

The format of the IFSC Code for banks, including Canara Bank, has 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 Retail Assets Hub Karaikudi in Sivaganga.

For example, the IFSC Code CNRB0007061 of Canara Bank for the Retail Assets Hub Karaikudi branch includes these elements, identifying the bank and the branch location in Sivaganga and Tamil Nadu correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0007061 of Canara Bank for its Retail Assets Hub Karaikudi 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 Karaikudi, 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 Retail Assets Hub Karaikudi or Sivaganga to get the exact IFSC Code CNRB0007061.

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 CNRB0007061 for Online Transfers?

Once you have the IFSC Code CNRB0007061 for the Retail Assets Hub Karaikudi 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 CNRB0007061. 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 CNRB0007061.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Retail Assets Hub Karaikudi in Sivaganga 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 Retail Assets Hub Karaikudi, 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 Sivaganga to handle online money transfers and get their cheques cleared smoothly.