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 Bankikodla branch in Uttar Kannada, Bankikodia, Karnataka, 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 Uttar Kannada or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0010316. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Bankikodla, Uttar Kannada
Below in the table are the key details related to IFSC Code CNRB0010316 of Canara Bank for its branch located in Uttar Kannada, within the district of Bankikodia in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0010316 |
| Branch | Bankikodla |
| City | Uttar Kannada |
| District | Bankikodia |
| State | Karnataka |
| Address | Main Road Bankikodla Kumta Tq Uttar Kannada Karnataka 581319 |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Uttar Kannada for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0010316 for the Bankikodla 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, including Canara Bank located in Bankikodla, Uttar Kannada, Karnataka, is provided with a unique IFSC like CNRB0010316 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Uttar Kannada.
- 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 Uttar Kannada and Bankikodia.
- 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 Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Bankikodla do not get mixed with another location.
Format of the IFSC Code CNRB0010316
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 Bankikodla in Uttar Kannada.
For example, the IFSC Code CNRB0010316 of Canara Bank for the Bankikodla branch has these elements, identifying the bank and the branch location in Uttar Kannada and Karnataka correctly.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0010316 of Canara Bank for its Bankikodla branch located in Uttar Kannada, 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 Uttar Kannada and Bankikodia, 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 Bankikodla or Uttar Kannada to find the exact IFSC Code CNRB0010316.
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 Uttar Kannada will provide accurate information.
How to Use IFSC Code CNRB0010316 for Online Transfers?
Once you have the IFSC Code CNRB0010316 for the Bankikodla branch of Canara Bank in Uttar Kannada, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0010316. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 CNRB0010316.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Bankikodla in Uttar Kannada, 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 Bankikodla, 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 Uttar Kannada manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0010316.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Main Road Bankikodla Kumta Tq Uttar Kannada Karnataka 581319 located in Uttar Kannada, Bankikodia, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.