There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Canara Bank for its Karunguli branch in Villupuram, Kallakurichi, Tamil Nadu, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Canara Bank situated in Villupuram or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code CNRB0004842. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Karunguli, Villupuram
Below in the table are the key details related to IFSC Code CNRB0004842 of Canara Bank for its branch located in Villupuram, within the district of Kallakurichi in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0004842 |
| Branch | Karunguli |
| City | Villupuram |
| District | Kallakurichi |
| State | Tamil Nadu |
| Address | Canara Bank 125/2 North Street,Karunguzhi Kallakurichi Taluk,Villupuram Dist Karunguli Tamil Nadu 606204 |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Villupuram for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0004842 for the Karunguli 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 CNRB0004842 is given to every bank branch, including Canara Bank located in Karunguli, Villupuram, 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 Villupuram.
- 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 Villupuram and Kallakurichi.
- 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 Karunguli doesn't end up at another location.
Format of the IFSC Code CNRB0004842
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 Karunguli in Villupuram.
For example, the IFSC Code CNRB0004842 of Canara Bank for the Karunguli branch includes these elements, identifying the bank and the branch location in Villupuram and Tamil Nadu accurately.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0004842 of Canara Bank for its Karunguli branch located in Villupuram, 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 Villupuram and Kallakurichi, 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 Karunguli or Villupuram to get the exact IFSC Code CNRB0004842.
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 Villupuram, you'll get the correct details.
How to Use IFSC Code CNRB0004842 for Online Transfers?
If you have the IFSC Code CNRB0004842 for the Karunguli branch of Canara Bank in Villupuram, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0004842. 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 CNRB0004842.
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 Karunguli in Villupuram, it 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 Karunguli, 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 Villupuram to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0004842.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Canara Bank 125/2 North Street,Karunguzhi Kallakurichi Taluk,Villupuram Dist Karunguli Tamil Nadu 606204 located in Villupuram, Kallakurichi, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.