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 Siddharth Medical College Tumkur 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 CNRB0012009. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Siddharth Medical College Tumkur, Tumkur

The table below shows the main details of the IFSC Code CNRB0012009 for the Canara Bank branch in Tumkur, which falls under the Tumkur district in Karnataka.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0012009
Branch Siddharth Medical College Tumkur
City Tumkur
District Tumkur
State Karnataka
Address Sri Siddharth Medical College Agalkote Po Bhimasandra

These details helps users in online banking and for businesses and individuals who use Canara Bank in Tumkur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0012009 for the Siddharth Medical College Tumkur 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, along with Canara Bank located in Siddharth Medical College Tumkur, Tumkur, Karnataka, are given a unique IFSC like CNRB0012009 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Tumkur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Tumkur and Tumkur.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Canara Bank in Siddharth Medical College Tumkur goes to the correct branch. This is important because Canara Bank has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CNRB0012009

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): These represent the bank code. In Canara Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Siddharth Medical College Tumkur in Tumkur.

For example, the IFSC Code CNRB0012009 of Canara Bank for the Siddharth Medical College Tumkur branch has these elements, identifying the bank and the branch location in Tumkur and Karnataka correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0012009 of Canara Bank for its Siddharth Medical College Tumkur 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 Siddharth Medical College Tumkur or Tumkur to get the exact IFSC Code CNRB0012009.

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 CNRB0012009 for Online Transfers?

Once you have the IFSC Code CNRB0012009 for the Siddharth Medical College Tumkur branch of Canara Bank in Tumkur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0012009. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Canara Bank IFSC Code CNRB0012009.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Canara Bank Siddharth Medical College Tumkur in Tumkur, it can 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 Siddharth Medical College Tumkur, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Tumkur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank Siddharth Medical College Tumkur Tumkur?

The IFSC Code of the Siddharth Medical College Tumkur Tumkur branch is CNRB0012009.

Is IFSC Code CNRB0012009 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Canara Bank Siddharth Medical College Tumkur branch?

The branch is located at Sri Siddharth Medical College Agalkote Po Bhimasandra.

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.

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