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 Sattur branch in Virudhunagar, Sattur, Tamil Nadu, 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 Virudhunagar or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code CNRB0016229. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Sattur, Virudhunagar
The table below shows the main details of the IFSC Code CNRB0016229 for the Canara Bank branch in Virudhunagar, which falls under the Sattur district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0016229 |
| Branch | Sattur |
| City | Virudhunagar |
| District | Sattur |
| State | Tamil Nadu |
| Address | No 38 Main Road Next To Laxmi Shankar Mess Sattur 626203 |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Virudhunagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0016229 for the Sattur branch of Canara Bank is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Sattur, Virudhunagar, Tamil Nadu, is provided a unique IFSC like CNRB0016229 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Canara Bank branch in Virudhunagar.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Virudhunagar and Sattur.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Sattur do not get misguided to another person.
Format of the IFSC Code CNRB0016229
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): 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 Sattur in Virudhunagar.
For example, the IFSC Code CNRB0016229 of Canara Bank for the Sattur branch includes these elements, identifying the bank and the branch location in Virudhunagar and Tamil Nadu accurately.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0016229 of Canara Bank for its Sattur branch located in Virudhunagar, 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 Virudhunagar and Sattur, 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 Sattur or Virudhunagar to get the exact IFSC Code CNRB0016229.
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 Virudhunagar, you'll get the correct details.
How to Use IFSC Code CNRB0016229 for Online Transfers?
Once you have the IFSC Code CNRB0016229 for the Sattur branch of Canara Bank in Virudhunagar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0016229. 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 CNRB0016229.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Sattur in Virudhunagar may result in delayed or failed transactions.
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 Sattur, 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 Virudhunagar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Sattur Virudhunagar branch is CNRB0016229.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at No 38 Main Road Next To Laxmi Shankar Mess Sattur 626203.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.