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 Maduravoyal branch in Thiruvallur, Maduravayal, Tamil Nadu, 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 Thiruvallur or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code CNRB0005893. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Maduravoyal, Thiruvallur

Here are the main details that are associated with the IFSC Code CNRB0005893 of Canara Bank for its branch located in Thiruvallur, within the district of Maduravayal in the state of Tamil Nadu.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0005893
Branch Maduravoyal
City Thiruvallur
District Maduravayal
State Tamil Nadu
Address Canara Bank No 10 Pallavan Nagar Main Road Chennai Maduravoyal Tamil Nadu 600095

These details help users in online banking and for businesses and individuals who use Canara Bank in Thiruvallur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0005893 for the Maduravoyal branch of Canara Bank has a very 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 CNRB0005893 is given to every bank branch, including Canara Bank located in Maduravoyal, Thiruvallur, 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 Thiruvallur.
  • 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 Thiruvallur and Maduravayal.
  • 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 Maduravoyal doesn't end up at another location.

Format of the IFSC Code CNRB0005893

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 Maduravoyal in Thiruvallur.

For example, the IFSC Code CNRB0005893 of Canara Bank for the Maduravoyal branch includes these elements, identifying the bank and the branch location in Thiruvallur and Tamil Nadu accurately.

How to Find IFSC Code for Canara Bank?

If you are looking for the IFSC Code CNRB0005893 of Canara Bank for its Maduravoyal branch located in Thiruvallur, 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 Thiruvallur and Maduravayal, 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 Maduravoyal or Thiruvallur to get the exact IFSC Code CNRB0005893.

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 Thiruvallur, then it will provide you proper information.

How to Use IFSC Code CNRB0005893 for Online Transfers?

If you have the IFSC Code CNRB0005893 for the Maduravoyal branch of Canara Bank in Thiruvallur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0005893. Transfers are processed in batches. 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. Asks for the recipient's account details and Canara Bank IFSC Code CNRB0005893.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Canara Bank Maduravoyal in Thiruvallur, it 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 Maduravoyal, 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 Thiruvallur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Maduravoyal, Thiruvallur?

The IFSC Code is CNRB0005893.

Is the IFSC Code CNRB0005893 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Maduravoyal?

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

What is the full address of the Maduravoyal branch?

The address of the branch is Canara Bank No 10 Pallavan Nagar Main Road Chennai Maduravoyal Tamil Nadu 600095 located in Thiruvallur, Maduravayal, 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.