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 Padanthapuli branch in Toothukudi, Tuticorin, 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 Toothukudi or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code CNRB0005041. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Padanthapuli, Toothukudi
Here are the main details that are associated with the IFSC Code CNRB0005041 of Canara Bank for its branch located in Toothukudi, within the district of Tuticorin in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0005041 |
| Branch | Padanthapuli |
| City | Toothukudi |
| District | Tuticorin |
| State | Tamil Nadu |
| Address | Canara Bank 1 Bar 15, Vilathikulam Main Road Tq Ettayapuram, Dist Tuticorin Padanthapuli Tamil Nadu 628902 |
These details helps users in online banking and for businesses and individuals who use Canara Bank in Toothukudi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0005041 for the Padanthapuli branch of Canara Bank plays a vital 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 Padanthapuli, Toothukudi, Tamil Nadu, is provided with a unique IFSC like CNRB0005041 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Toothukudi.
- 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 Toothukudi and Tuticorin.
- 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 Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Padanthapuli do not get mixed with another location.
Format of the IFSC Code CNRB0005041
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 Padanthapuli in Toothukudi.
For example, the IFSC Code CNRB0005041 of Canara Bank for the Padanthapuli branch includes these elements, identifying the bank and the branch location in Toothukudi and Tamil Nadu accurately.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0005041 of Canara Bank for its Padanthapuli branch located in Toothukudi, 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 Toothukudi and Tuticorin, 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 Padanthapuli or Toothukudi to get the exact IFSC Code CNRB0005041.
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 Toothukudi, you'll get the correct details.
How to Use IFSC Code CNRB0005041 for Online Transfers?
Once you have the IFSC Code CNRB0005041 for the Padanthapuli branch of Canara Bank in Toothukudi, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0005041. 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 CNRB0005041.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Padanthapuli in Toothukudi 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 Padanthapuli, 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 Toothukudi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Padanthapuli Toothukudi branch is CNRB0005041.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Canara Bank 1 Bar 15, Vilathikulam Main Road Tq Ettayapuram, Dist Tuticorin Padanthapuli Tamil Nadu 628902.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.