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 Shridevi Group Of Institutions branch in Tumkur, Tumkur, Karnataka, 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 Tumkur or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0005289. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Shridevi Group Of Institutions, Tumkur
Here are the main details that are associated with the IFSC Code CNRB0005289 of Canara Bank for its branch located in Tumkur, within the district of Tumkur in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0005289 |
| Branch | Shridevi Group Of Institutions |
| City | Tumkur |
| District | Tumkur |
| State | Karnataka |
| Address | Canara Bank Maralenahalli Nh 4 Sira Road Tumkur District Tumkur Karnataka 572106 |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Tumkur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0005289 for the Shridevi Group Of Institutions 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 that is provided by the Reserve Bank of India. A unique IFSC like CNRB0005289 is given to every bank branch, including Canara Bank located in Shridevi Group Of Institutions, Tumkur, Karnataka, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Tumkur.
- 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 Tumkur and Tumkur.
- 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 Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Shridevi Group Of Institutions doesn't end up at another location.
Format of the IFSC Code CNRB0005289
This is the format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Canara Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Shridevi Group Of Institutions in Tumkur.
For example, the IFSC Code CNRB0005289 of Canara Bank for the Shridevi Group Of Institutions branch includes these elements, identifying the bank and the branch location in Tumkur and Karnataka accurately.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0005289 of Canara Bank for its Shridevi Group Of Institutions branch located in Tumkur, 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 Tumkur and Tumkur, 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 Shridevi Group Of Institutions or Tumkur to get the exact IFSC Code CNRB0005289.
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 Tumkur, you'll get the correct details.
How to Use IFSC Code CNRB0005289 for Online Transfers?
Once you have the IFSC Code CNRB0005289 for the Shridevi Group Of Institutions branch of Canara Bank in Tumkur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0005289. 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 CNRB0005289.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Shridevi Group Of Institutions in Tumkur, your payment can get delayed or might not go through at all.
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 Shridevi Group Of Institutions, 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 Tumkur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Shridevi Group Of Institutions Tumkur branch is CNRB0005289.
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 Maralenahalli Nh 4 Sira Road Tumkur District Tumkur Karnataka 572106.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.