There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Canara Bank for its Karur Retail Asset Hub branch in Trichy, Karur, Tamil Nadu, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Canara Bank situated in Trichy or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code CNRB0002257. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Karur Retail Asset Hub, Trichy
Here are the main details that are associated with the IFSC Code CNRB0002257 of Canara Bank for its branch located in Trichy, within the district of Karur in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0002257 |
| Branch | Karur Retail Asset Hub |
| City | Trichy |
| District | Karur |
| State | Tamil Nadu |
| Address | No 37,Covai Road-639002 |
These details help users in online banking and for businesses and individuals who use Canara Bank in Trichy for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0002257 for the Karur Retail Asset Hub 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 CNRB0002257 is given to every bank branch, including Canara Bank located in Karur Retail Asset Hub, Trichy, 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 Trichy.
- 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 Trichy and Karur.
- 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 Karur Retail Asset Hub doesn't end up at another location.
Format of the IFSC Code CNRB0002257
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 Karur Retail Asset Hub in Trichy.
For example, the IFSC Code CNRB0002257 of Canara Bank for the Karur Retail Asset Hub branch includes these elements, identifying the bank and the branch location in Trichy and Tamil Nadu accurately.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0002257 of Canara Bank for its Karur Retail Asset Hub branch located in Trichy, the following methods can help you out:
Cheque Book
The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Canara Bank branches in Trichy and Karur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Canara Bank and go to the branch locator section. Then search for Karur Retail Asset Hub or Trichy to find the exact IFSC Code CNRB0002257.
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 maintains an updated database of all IFSC codes. Searching for Canara Bank and Trichy will provide accurate information.
How to Use IFSC Code CNRB0002257 for Online Transfers?
Once you have the IFSC Code CNRB0002257 for the Karur Retail Asset Hub branch of Canara Bank in Trichy, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0002257. The transfer is completed in batches instead of instantly. It is useful for both 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 CNRB0002257.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Karur Retail Asset Hub in Trichy, your payment can get delayed or might not go through at all.
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 Karur Retail Asset Hub, 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 Trichy to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0002257.
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 No 37,Covai Road-639002 located in Trichy, Karur, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.