For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Canara Bank for its Parasuvakkal branch in Thiruvananthapuram, Parasuvaikkal, Kerala, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Canara Bank located in Thiruvananthapuram or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code CNRB0014029. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Parasuvakkal, Thiruvananthapuram
The table below shows the main details of the IFSC Code CNRB0014029 for the Canara Bank branch in Thiruvananthapuram, which falls under the Parasuvaikkal district in Kerala.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0014029 |
| Branch | Parasuvakkal |
| City | Thiruvananthapuram |
| District | Parasuvaikkal |
| State | Kerala |
| Address | Bldg No Xix 885 Sreerama Mandiram Parassala Panchayat Parasuvaikkal Kerala 695508 |
These details help users in online banking and for businesses and individuals who use Canara Bank in Thiruvananthapuram for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0014029 for the Parasuvakkal 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 provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Parasuvakkal, Thiruvananthapuram, Kerala, is provided with a unique IFSC like CNRB0014029 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Thiruvananthapuram.
- 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 Thiruvananthapuram and Parasuvaikkal.
- 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 Kerala and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Parasuvakkal do not get mixed with another location.
Format of the IFSC Code CNRB0014029
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 Parasuvakkal in Thiruvananthapuram.
For example, the IFSC Code CNRB0014029 of Canara Bank for the Parasuvakkal branch includes these elements, identifying the bank and the branch location in Thiruvananthapuram and Kerala accurately.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0014029 of Canara Bank for its Parasuvakkal branch located in Thiruvananthapuram, 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
You can easily find the IFSC and MICR codes because most banks, including Canara Bank branches in Thiruvananthapuram and Parasuvaikkal, print them 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 Parasuvakkal or Thiruvananthapuram to get the exact IFSC Code CNRB0014029.
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 Thiruvananthapuram, you'll get the correct details.
How to Use IFSC Code CNRB0014029 for Online Transfers?
Once you have the IFSC Code CNRB0014029 for the Parasuvakkal branch of Canara Bank in Thiruvananthapuram, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0014029. 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 CNRB0014029.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Parasuvakkal in Thiruvananthapuram may result in delayed or failed transactions.
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 Parasuvakkal, 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 Thiruvananthapuram manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0014029.
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 Bldg No Xix 885 Sreerama Mandiram Parassala Panchayat Parasuvaikkal Kerala 695508 located in Thiruvananthapuram, Parasuvaikkal, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.