For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Canara Bank for its Parvathipuram branch in Vizianagaram, Parvathipuram, Andhra Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Canara Bank located in Vizianagaram or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code CNRB0000897. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Parvathipuram, Vizianagaram
Here are the key points that are associated with the IFSC Code CNRB0000897 of Canara Bank for its branch located in Vizianagaram, within the district of Parvathipuram in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0000897 |
| Branch | Parvathipuram |
| City | Vizianagaram |
| District | Parvathipuram |
| State | Andhra Pradesh |
| Address | Bandham Street,, Parvathipuram 532502 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Vizianagaram for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0000897 for the Parvathipuram 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 CNRB0000897 is given to every bank branch, including Canara Bank located in Parvathipuram, Vizianagaram, Andhra Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Vizianagaram.
- 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 Vizianagaram and Parvathipuram.
- 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 Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Parvathipuram doesn't end up at another location.
Format of the IFSC Code CNRB0000897
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 Parvathipuram in Vizianagaram.
For example, the IFSC Code CNRB0000897 of Canara Bank for the Parvathipuram branch has these elements, identifying the bank and the branch location in Vizianagaram and Andhra Pradesh correctly.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0000897 of Canara Bank for its Parvathipuram branch located in Vizianagaram, 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 Vizianagaram and Parvathipuram, 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 Parvathipuram or Vizianagaram to find the exact IFSC Code CNRB0000897.
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 Vizianagaram will provide accurate information.
How to Use IFSC Code CNRB0000897 for Online Transfers?
Once you have the IFSC Code CNRB0000897 for the Parvathipuram branch of Canara Bank in Vizianagaram, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0000897. 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 CNRB0000897.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Parvathipuram in Vizianagaram 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 Parvathipuram, 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 Vizianagaram to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0000897.
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 Bandham Street,, Parvathipuram 532502 located in Vizianagaram, Parvathipuram, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.