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 Panamaram Ii branch in Wayanad, Panamaram, Kerala, 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 Wayanad or anywhere in Kerala can easily transfer funds instantly by using the correct IFSC Code CNRB0014750. 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, Panamaram Ii, Wayanad

The table below shows the main details of the IFSC Code CNRB0014750 for the Canara Bank branch in Wayanad, which falls under the Panamaram district in Kerala.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0014750
Branch Panamaram Ii
City Wayanad
District Panamaram
State Kerala
Address Pp 11 By 53 Nadavayal Road Panamaram Manathvady Taluk Wayanad 670 721

These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Wayanad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0014750 for the Panamaram Ii 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 CNRB0014750 is given to every bank branch, including Canara Bank located in Panamaram Ii, Wayanad, Kerala, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Wayanad.
  • 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 Wayanad and Panamaram.
  • 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 Kerala and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Panamaram Ii doesn't end up at another location.

Format of the IFSC Code CNRB0014750

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 Panamaram Ii in Wayanad.

For example, the IFSC Code CNRB0014750 of Canara Bank for the Panamaram Ii branch has these elements, identifying the bank and the branch location in Wayanad and Kerala correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0014750 of Canara Bank for its Panamaram Ii branch located in Wayanad, 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 Wayanad and Panamaram, 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 Panamaram Ii or Wayanad to get the exact IFSC Code CNRB0014750.

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 Wayanad that will provide accurate information.

How to Use IFSC Code CNRB0014750 for Online Transfers?

Once you have the IFSC Code CNRB0014750 for the Panamaram Ii branch of Canara Bank in Wayanad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0014750. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 CNRB0014750.

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

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 Panamaram Ii, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Wayanad manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank Panamaram Ii Wayanad?

The IFSC Code of the Panamaram Ii Wayanad branch is CNRB0014750.

Is IFSC Code CNRB0014750 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Canara Bank Panamaram Ii branch?

The branch is located at Pp 11 By 53 Nadavayal Road Panamaram Manathvady Taluk Wayanad 670 721.

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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