Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Canara Bank for its Chandavar branch in Uttar Kannad, Chandavar, or Karnataka, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Canara Bank located in Uttar Kannad or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0001525. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Chandavar, Uttar Kannad

Here are the main details that are associated with the IFSC Code CNRB0001525 of Canara Bank for its branch located in Uttar Kannad, within the district of Chandavar in the state of Karnataka.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0001525
Branch Chandavar
City Uttar Kannad
District Chandavar
State Karnataka
Address Chandavar, , Honnavar Taluk ,Dist Uttara Kannada (Karnataka) - 581 323

These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Uttar Kannad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0001525 for the Chandavar 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 provided by the Reserve Bank of India. Every bank branch, along with Canara Bank located in Chandavar, Uttar Kannad, Karnataka, are allotted a unique IFSC like CNRB0001525 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It makes sure that money sent to Canara Bank in Chandavar reaches the right place, even though there are thousands of branches in Karnataka and across India.

Format of the IFSC Code CNRB0001525

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 Chandavar in Uttar Kannad.

For example, the IFSC Code CNRB0001525 of Canara Bank for the Chandavar branch has these elements, identifying the bank and the branch location in Uttar Kannad and Karnataka correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0001525 of Canara Bank for its Chandavar branch located in Uttar Kannad, the following methods can help:

Cheque Book

The cheque books that are issued by Canara Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Canara Bank branches in Uttar Kannad and Chandavar, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Canara Bank and find the branch locator section. Search for Chandavar or Uttar Kannad to get the exact IFSC Code CNRB0001525.

Mobile Banking App

If you use Canara Bank's mobile app, you can easily 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 to help you in searching for Canara Bank and Uttar Kannad that will provide accurate information.

How to Use IFSC Code CNRB0001525 for Online Transfers?

If you have the IFSC Code CNRB0001525 for the Chandavar branch of Canara Bank in Uttar Kannad, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0001525. Transfers are processed in batches. 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. Asks for the recipient's account details and Canara Bank IFSC Code CNRB0001525.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Canara Bank Chandavar in Uttar Kannad, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Canara Bank in Chandavar, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Canara Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Uttar Kannad manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank Chandavar Uttar Kannad?

The IFSC Code of the Chandavar Uttar Kannad branch is CNRB0001525.

Is IFSC Code CNRB0001525 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 Chandavar branch?

The branch is located at Chandavar, , Honnavar Taluk ,Dist Uttara Kannada (Karnataka) - 581 323.

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.