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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Canara Bank for its Thiagarajapuram,Vellore branch in Vellore, Vellore, Tamil Nadu, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Canara Bank located in Vellore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code CNRB0000988. 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, Thiagarajapuram,Vellore, Vellore
Here are some of the key details that come with the IFSC Code CNRB0000988 of Canara Bank for its branch located in Vellore, within the district of Vellore in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0000988 |
| Branch | Thiagarajapuram,Vellore |
| City | Vellore |
| District | Vellore |
| State | Tamil Nadu |
| Address | 19,Officers Line(Opp Lakshmi, Theatre), Thiagarajapuram,, Vellore 632001 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Vellore for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0000988 for the Thiagarajapuram,Vellore branch of Canara Bank has 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 CNRB0000988 is given to every bank branch, including Canara Bank located in Thiagarajapuram,Vellore, Vellore, 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 Vellore.
- 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 Vellore and Vellore.
- 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 Thiagarajapuram,Vellore doesn't end up at another location.
Format of the IFSC Code CNRB0000988
The format of the IFSC Code for banks, including Canara Bank, has 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 Thiagarajapuram,Vellore in Vellore.
For example, the IFSC Code CNRB0000988 of Canara Bank for the Thiagarajapuram,Vellore branch includes these elements, identifying the bank and the branch location in Vellore and Tamil Nadu correctly.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0000988 of Canara Bank for its Thiagarajapuram,Vellore branch located in Vellore, 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 Vellore and Vellore, 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 Thiagarajapuram,Vellore or Vellore to find the exact IFSC Code CNRB0000988.
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 Vellore will provide accurate information.
How to Use IFSC Code CNRB0000988 for Online Transfers?
Once you have the IFSC Code CNRB0000988 for the Thiagarajapuram,Vellore branch of Canara Bank in Vellore, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0000988. Transfers are processed in batches. This is 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. Requires the recipient's account details and Canara Bank IFSC Code CNRB0000988.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Thiagarajapuram,Vellore in Vellore may 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 Thiagarajapuram,Vellore, 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 Vellore to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0000988.
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 19,Officers Line(Opp Lakshmi, Theatre), Thiagarajapuram,, Vellore 632001 located in Vellore, Vellore, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.