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IFSC Code of Canara Bank, Kothavalasa, Visakhapatnam, Andhra Pradesh — CNRB0005736

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 Kothavalasa branch in Vizanagaram, Visakhapatnam, Andhra Pradesh, 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 Vizanagaram or anywhere in Andhra Pradesh can easily transfer funds instantly by using the correct IFSC Code CNRB0005736. 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, Kothavalasa, Vizanagaram

Here are the key points that are associated with the IFSC Code CNRB0005736 of Canara Bank for its branch located in Vizanagaram, within the district of Visakhapatnam in the state of Andhra Pradesh.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0005736
Branch Kothavalasa
City Vizanagaram
District Visakhapatnam
State Andhra Pradesh
Address I Floor,Moorkuri Mansions,Opp Mdo Office,Main Road,Kothavalasa 535183

These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Vizanagaram for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0005736 for the Kothavalasa branch of Canara Bank has an important role.

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 Kothavalasa, Vizanagaram, Andhra Pradesh, is provided a unique IFSC like CNRB0005736 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Canara Bank branch in Vizanagaram.
  • 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 Vizanagaram and Visakhapatnam.
  • 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 Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Kothavalasa do not get misguided to another person.

Format of the IFSC Code CNRB0005736

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 Kothavalasa in Vizanagaram.

For example, the IFSC Code CNRB0005736 of Canara Bank for the Kothavalasa branch includes these elements, identifying the bank and the branch location in Vizanagaram and Andhra Pradesh accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0005736 of Canara Bank for its Kothavalasa branch located in Vizanagaram, 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 Vizanagaram and Visakhapatnam, 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 Kothavalasa or Vizanagaram to get the exact IFSC Code CNRB0005736.

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 Vizanagaram that will provide accurate information.

How to Use IFSC Code CNRB0005736 for Online Transfers?

Once you have the IFSC Code CNRB0005736 for the Kothavalasa branch of Canara Bank in Vizanagaram, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0005736. The transfer is completed in batches instead of instantly. It is useful for both 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 CNRB0005736.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Kothavalasa in Vizanagaram, your payment can get delayed or might not go through at all.

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 Kothavalasa, 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 Vizanagaram manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Kothavalasa, Vizanagaram?

The IFSC Code is CNRB0005736.

Is the IFSC Code CNRB0005736 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Kothavalasa?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Kothavalasa branch?

The address of the branch is I Floor,Moorkuri Mansions,Opp Mdo Office,Main Road,Kothavalasa 535183 located in Vizanagaram, Visakhapatnam, Andhra Pradesh.

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.

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