IFSC Code of Canara Bank, Karnataka, Belgaum, Saundatti
CNRB0000691

Canara Bank
IFSC Code |
CNRB0000691 |
---|---|
MICR Code |
591015102 |
Bank Name | Canara Bank |
District | Belgaum |
State | Karnataka |
Address | Guru Sheela Complex, Bazaar Road, Saundatti - 591 126 |
Phone | +918330222389 |
UPI
Available
NEFT
Available
RTGS
Available
IMPS
Available
IFSC Code of the Canara Bank Branch Near You
List of all Canara Bank Branch IFSC Code
Accounts Section Belagavi
CNRB0010554
NO 1560 MEZZANINE FLOOR MARUTHI GALLI BELGAUM KARNATAKA 590 001
Aigali
CNRB0003864
CANARA BANK,GRAMPANCHYAT BUILDING AIGALI 591 248 TQ:ATHANI DIST : BELGAUM
AinaPur
CNRB0010522
TPC BUILDING NEAR BUS STAND AINAPUR TALUK ATHANI BELGAUM 591 303
Akol
CNRB0010523
GURUKRIPA NIVAS 616 MAIN ROAD AKOL591 211 TALUK CHIKKODI DISTBELGAUM KARNATAK
Ankalgi
CNRB0000676
DR DESHPANDE BUILDING, , 197/2 MAIN ROAD , ANKALGI, BELGAUM DIST, KARNATAKA - 591 101
Ankali
CNRB0000541
NEAR MAYUR CHITRA MANDIR, MAIN ROAD ,ANKALI , BELGAUM DIST, KARNATAKA STATE - 591 213
Aralimatti
CNRB0005335
CANARA BANK MAIN ROAD ARALIMATTI GOKAK BELGAUM ARALIMATTI KARNATAKA 591227
Athani
CNRB0001069
254/A, ISWAR KRIPA,, GAFA KHIND GALI, ATHANI , BELGAUM DIST, KARNATKA - 591304
Athani Ii
CNRB0010536
MAIN ROADATHANIDISTBELGAUMB PIN 591304
Bailhongal
CNRB0004738
CANARA BANK BAILHONGAL DIST-BELGAUM BAILHONGAL KARNATAKA 591102
Bailhongal Ii
CNRB0010518
BELLAD COMPLEX MAIN ROAD BAILHONGAL BELGAUM 591 102
Beedi
CNRB0010589
1ST FLOOR NAMDEV JADHAVS BUILDING OPP HP PETROL PUMP NEAR BUS STAND CIRCEL BEEDI HALYAL ROAD KARNATAKA 591106
Belagavi BhagyaNagar
CNRB0010549
PLOT N 13A 1ST FLOOR ANGOL EXTENSION 5TH CROSS BHAGYANAGAR BELGAUM BELGAUM 590 006
Belagavi Bims
CNRB0012431
BIMS CAMPUS DR B R AMBEDKAR ROAD BELGAUM KARNATAKA 590 001
Belagavi Camp Ii
CNRB0010502
BC 178 HAVELOCK ROAD CAMP BELGAUM BELGAUM 590 001
Belagavi Dharwar Road
CNRB0010529
MANIKBHAG DIGAMBARJAIN BUILDIG DHARWAR ROAD BELGAUM BELGAUM DIST PIN 590 016
Belagavi Goaves
CNRB0010538
SRI SACHIDANANDA KRIPA GANESH MARG CROSS 3 HINDWADI GOAVES BELGAUM BELGAUM 590 011
Belagavi Kittur Rani Chennamma Circle
CNRB0010534
TAKKED BUILDING KITTUR RANI CHENAMMA CIRCLE CLUB ROAD BELGAUM BELGAUM 590 001
Belagavi Mahantesh Nagar
CNRB0010582
MIG 25 NEAR ASHIRWAD LODGE SPOORTHY APARTMENT MAHANTESH NAGAR BELGAUM KARNATAKA 590016
Belagavi Maruthi Galli Main
CNRB0010500
1560 MARUTI GALLI KARNATAKA 590002
Belagavi Nehru Nagar
CNRB0010504
JAWAHARLAL NEHRU MEDICAL COLLEGE CAMPUS NEHRU NAGAR KARNATAKA 590 010
Belagavi R O
CNRB0008343
IST FLOOR IMA BUILDING BAILAPPANAVAR NAGAR HUBBALLI 580029
Belagavi Retail Asset Hub
CNRB0006685
CANARA BANK 1 FLOOR,NO197,D/2,SHIRAHATTI BLDG,KHANAPUR ROAD,TILAKWADI,BELAGAVI KARNATAKA 590006
Belagavi ShahPur Ii
CNRB0010503
LAXMINARAYANA BUILDING MAHATMA PHULE ROAD SHAHPUR BELGAUM BELGAUM 590 003
Belagavi St Pauls High School
CNRB0010556
STPAULS HIGH SCHOOL CAMP BELGAUM590 001
Belagavi Tilakwadi Ii
CNRB0010581
BLDG NO 190 D KAWARE BUILDING KHANAPUR ROAD TILAKWADI KARNATAKA 590006
Belagavi YamanPur Ind Alm Co
CNRB0010528
INDAL CAMPUS YAMANPUR BELGAUM POSTNEHRU NAGAR BELGAUM BELGAUM 590 010
Belgaum Camp
CNRB0001634
NO.10, HIGH STREET, , CAMP BELGAUM 590 0
Belgundi
CNRB0010527
DOOR NO145 BY 11 CHURCH COMPOUND VIA HINDALGA BELAGUNDI 591108 DISTBELGAUM KARNATAK
Benakanahalli
CNRB0010564
ANGADI INSTITUTE OF TECHNOLOGY SAVGAON ROAD TALUK BELGAUM BENAKANAHALLI KARNATAKA 590008 INDIA
Betageri
CNRB0001832
SHANTHI NILAYA, , KAUJALAGI ROAD, , BETAGIRI, BELGAUM DIST, KARNATAKA STATE - 591 233
Bhirdi
CNRB0010566
SIDRAM HALINGALI BLDG PLOT NO 880 BY B BHIRADI TQ RAIBAGH DIST BELGAUM 591317
Bhutaramanahatti
CNRB0010552
KUCAMPUS KRC PG CENTRE BHOOTARAMANAHATTI591 143 DISTBELGAUM KAR
Chikkodi
CNRB0005340
CANARA BANK PLOT INO 6703 1 P 13 M K KAVATAGIMATH ROAD BELGAUM CHIKKODI KARNATAKA 591201
Chikodi B P Kore College
CNRB0010558
B K COLLEGE CAMPUS COLLEGE ROAD CHIKODI BELGAUM 591 201
Chikody Ii
CNRB0010509
T M C 2570 BY 2571 MEHTA COMPLEX KITTUR RANI CHENNAMMA ROAD CHIKODI BELGAUM 591 201
Chippalakatti
CNRB0010583
GRAM PANCHAYAT BUILDING NEAR HANUMAN TEMPLE CHIPPALKATTI RAMDURG TALUK BELGAUM DIST KARNATAKA 591130
City Corporation, Belgaum
CNRB0008511
CANARA BANK, CORPORATION BUILDING, NEAR KUMAR GANDHARVA HALL SUBHASH NAGAR BELGAUM KARNATAKA 590001
Deshnur
CNRB0010525
FARAH MANZIL DESHNUR 591 147 BAILHONGAL TALUK DISTBELGAUM KARNATAK
Examba
CNRB0010587
HOUSE NO 1944 PKPSS LTD EXAMBA NO 1 VILLAGE EXAMBA CHIKODI TALUK BELAGAVI DIST KARNATAKA INDIA 591244
Ghataprabha
CNRB0010512
NEAR MRUTYUNJAY CIRCLE GHATAPRABHA GOKAK TQ DIST BELGAON KARNATAKA 591 306
Gokak
CNRB0002763
CTS # 3319, HOSPET GALLI,, ANAND TALKIES ROAD,, G O K A K 591307
Gokak Ii
CNRB0010511
SANGOLLI RAYANNA CIRCLE CTS NO 3158 GOKAK BELGAUM 591 307
Gokak Valmiki Circle
CNRB0010580
SHANTAVEER COMPLEX I FLOOR NEAR BYALIKATA WALMIKI CIRCLE DIST BELGAUM GOKAK KA 591307
Hanuman Nagar,belgaum
CNRB0002912
KARTHIK, VASANTHNAGAR.KUSUGAL ROAD, KESHAWAPUR, HUBLI, KARNTAKA -580023
Harugeri
CNRB0010560
COLLEGE ROAD HARUGERI RAIBAG TQ BELGAUM DISTRICT PIN 591220
Hidkal Dam
CNRB0010547
PHROAD HIDKALDAM591 107 TALUKA HUKKERI DISTBELGAUM
Hiremulakur
CNRB0010569
GRAM PANCHAYAT BLDG NEAR GOVT AYURVEDIC HOSPITAL PO NAYANAGAR DT BELGAUM HIREMULAKUR 591102
Hirenandihalli
CNRB0010567
SAMUDAYA BHAVAN OPP PKPS SOCIETY TQ BAILHONDAL DT BELGAUM HIRENANDIHALLI 591115
Hukeri
CNRB0005342
CANARA BANK 2399/1,KAMAL COMPLEX MAIN ROAD,BELGAUM DISTRICT HUKERI KARNATAKA 591309
Hukeri Ii
CNRB0010513
PARVATHI SADAN NEAR KSRTC BUS STAND HUKKERI BELGAUM 591 309
Itgi
CNRB0010520
VIRAKTHAMATH BUILDING MAIN ROAD AT AND POST ITGI TALUK KHANAPUR BELGAUM DIST PIN 591 112
Jugul
CNRB0010521
DADA NIVAS DADA CHOWK JUGUL591 252 ATHANI TALUK DISTBELGAUM KAR
K Chandargi
CNRB0010550
WARD NO4 KCHANDARGI591114 RAMDURG TALUK DIST BELGAUM
Kagawad
CNRB0005848
CANARA BANK KAGAWAD BELGAUM DISTRICT KAGAWAD KARNATAKA 123
Kagwad Ii
CNRB0010579
SHIVANANDA ARTS AND COMMERCE COLLEGE ATHANI TALUK BELGAUM DIST KAGWAD KARNATAKA 591223 INDIA
Kana Kumbi
CNRB0010551
MANDAL PANCHAYAT BLDG KANAKUMBI590 014 KHANAPUR TALUK BELGAUM DIST KARNATAK
Kangrali B K
CNRB0010570
PLOT NO 512 893 MARATHA COLONY PO KANGRALI BK DT BELGAUM KANGARALI B K 590010
Karadaga
CNRB0010592
GRAM DEVATA BANGALI BABA URUS CMT GPC NO 836 GROUND FLOOR VILL KARADAGA TQ CHIKODI BELAGAVI KARNATAKA INDIA 591263
Khade Bazaar (main),belgaum
CNRB0000505
3132/3133, P B NO.157,, BICHU BUILDING,KHADE BAZAAR, BELGAUM - 590 002
KhanaPur
CNRB0005752
CANARA BANK 95A,BELGAUM GOA ROAD TAL KHANAPUR,DIST BELGAUM KHANAPUR KARNATAKA 591302
KhanaPur
CNRB0006250
CANARA BANK H NO.346,BUS STAND ROAD,TALUK GOKAK,BELGAUM DIST,KHANAPUR KARNATAKA 591231
KhanaPur Ii
CNRB0010539
VISHWA SUDHA STATION ROAD KHANAPUR BELGAUM 591 302
Kittur
CNRB0004243
C/O DARSHAN S SHETTAR, GURUWAR PETH, KITTUR-PIN591115, TQ:KITTUR DIST:BELGAUM
Kittur Ii
CNRB0010514
SOMAWARPET COLLEGE ROAD KITTUR BAILHONGAL TQ BELGAUM 591 115
Kle Engg. College, Belgaum
CNRB0008514
CANARA BANK,K L ENGG COLLEGE EXTN COUNTER UDHYAMBAGH KLE ENGG COLLEGE K L E CAMPUS BELGAUM KARNATAKA 590008
Kle S Hospital & Medical Research Centre Belgaum
CNRB0008515
CANARA BANK K L E HOSPITAL BELGAUM KARNATAKA 590010
Kohalli
CNRB0009144
CANARA BANK, KOHALLI - 591248 TQ:ATHANI DIST BELGAUM
Konnur (belgaum Dist
CNRB0000446
TMC 2674/1 & 2,KHANAGAVI BLDG, PADMAVATHI NIWAS,MAIN ROAD,, KONNUR 591231,
Kudachi
CNRB0010546
STATION ROAD KUDCHI591 311 RAIBAG TALUK DISTBELGAUM KARNATAK
Kulgod
CNRB0000677
KULGOD-591250, KULGOD TALUK,BELGAUM DIST, KARNATAKA -591250
Kulgod Ii
CNRB0010578
SUSHEELA ASHOK MALALI BLDG MAIN MARKET GOKAK DISTRICT KULGOD KARNATAKA 591310
Londa
CNRB0000535
327, FIRST FLOOR,, MARUTHI GALLI,LONDA, BELGAUM DIST, KARNATAKA STATE - 591 301
Mahadwar Road,belgaum
CNRB0002537
I FLOOR, TRIMURTHI COMPLEX,, MAHADWAR ROAD,, BELGAUM : 590 001
Malikwad
CNRB0010574
SATELLITE BRANCH PANCHAYAT BUILDING TALUK CHIKODI DIST BELGAUM MALLIKAWADA KARNATAKA 591244
MallaPura S A
CNRB0005336
CANARA BANK MAIN ROAD MALLAURA S A GOKAK BELGAUM MALLAPURA S A KARNATAKA 591101
ManakPur
CNRB0010586
BLDG NO 86 2 WARD NO 8 VILLAGE MANAKAPUR TALUK CHIKODI BELGAUM KARNATAKA 591216
Manolli
CNRB0004639
NEAR NEW BUSSTAND MAIN ROAD MANOLLI 591117 DIST : BELGAUM
Mudalgi
CNRB0010510
T MC NO 880 MALLIKARJUNA NILYA MUDALAGI GOKAK TQ BELGAUM DT KARNATAKA 591 312
Munavalli
CNRB0010591
VPC NO 1984 3 WARD NO 10 TALKIES ROAD MUNAVALLI TALUKA SAUNDATTI DIST BELAGAVI KARNATAKA INDIA 591117
Nagargalli
CNRB0001893
TQ KHANAPUR, NAGARGALI, BELGAUM DIST, KARNATAKA STATE - 591 301
Nallanatti
CNRB0010561
VPC NO 500 GANDHINAGAR TQ GOKAK DIST BELGAUM PIN 591307
NaslaPur
CNRB0010571
D NO 654 R B SAMAJE BUILDING NASLAPUR TALUK RAIBAGH DIST BELGAUM KARNATAKA 591213
Nerli
CNRB0010562
GRAM PANCHAYAT BUILDING TQ HUKKERI DIST BELGAUM PIN 591309
Nesargi
CNRB0010588
VPC NO 1105 BY A VILLAGE NESARGI TALUK BAILHONGAL BELGAUM BELGAUM KARNATAKA 591121
Nidagundi
CNRB0010572
BALAPPA P GAVANI BLDG NEAR BUSSTOP NIDAGUNDI TQ RAIBAGH DT BELGAUM NIDAGUNDI 591317
Nipani G I Bagewadi Arts Comm Science College
CNRB0010557
G I BAGEWADI COLLEGE CAMPUSCOLLEGE ROADNIPANIPIN 591 237
Nipani Ii
CNRB0010505
ASHIRWAD BUILDING ASHOKNAGAR NIPANI BELGAUM 591 237
Nippani
CNRB0001395
PLOT NO.75, P B NO 44, ASHOK NAGAR, B R PATIL BLDG,, NIPPANI. BELGAUM DIST, KARNATAKA - 591 237
Pamaladinni
CNRB0010563
VILL PAMALADINNI PO GHATAPRABHA TQ GOKAK DIST BELGAUM PIN 591306
Pant Balekundri
CNRB0010540
DOOR NO 146 BELGAUM BAGALKOT MAIN ROAD PANTBALEKUNDRI BELGAUM 591 103
Police Hq, Belgaum
CNRB0008513
CANARA BANK POLICE HEAD QUARTERS BELGAUM KARNATAKA 590001
Raibag
CNRB0006474
CANARA BANK FIRST FLOOR,ABOVE SAI MEDICALS,ANKALI ROAD,RAIBAG,BELAGAVI DIST RAIBAG KARNATAKA 591317
Raibagh
CNRB0010508
SREESADAN STATION ROAD RAIBAG BELGAUM 591 317
Ramadurg
CNRB0010506
BELGAUM ROAD RAMDURG BELGAUM KARNATAKA 591 123
Sadalga
CNRB0010507
OLD BUS STAND SADALGA CHIKODI TQ DIST BELGAUM KARNATAKA 591 239
Sampgaon
CNRB0010519
MAIN ROAD SAMPAGAON591 125 BAILHONGAL TALUK
Sankeshwar
CNRB0010577
FIRST FLOOR NESARI COMPLEX NEAR BUS STAND SANKESHWAR KARNATAKA 591313 INDIA
Satti
CNRB0010524
NEAR BUS STAND SATTI591 240 ATHANI TALUK DIST BELGAUM
Saundatti Ii
CNRB0010515
BELLIKATTI BUILDING BAZAR ROAD SAUNDATTI BELGAUM 591 126
Saundatti Raibagh
CNRB0010548
1368 BY 4 NEAR BUS STAND SAUNDATTI POST RAIBAGH BELGAUM KARNATAKA 591213
ShahaPur,belgaum
CNRB0000557
272/2,PB 24,DR SHYAM PRASAD, MUKHERJEE ROAD, SHAHAPUR, BELGAUM - 590 006
Specialised Sme Branch Belagavi Udyambag Ii
CNRB0010576
PLOT NO 38 RS NO 3347 KLE ENGG COLLEGE ROAD UDYAMBAGH DIST BELGAUM 590008
Station Road, Belgaum
CNRB0000596
CTS 281, STATION ROAD,, OPP.MEENAKSHI BHAVAN, BELGAUM 590001
Sureban
CNRB0010516
RSYALIGOD BLDG MAIN ROAD SUREBAN591 127 DISTBELGAUM KARNATAK
Tergaon
CNRB0010363
SIDDESHWARA KRIPA BLDG NEAR TERGAON BUS STAND HALIYAL BELGAUM ROAD TERGAON 581356
Tigadolli
CNRB0010568
GRAM PANCHAYAT BUILDING TALUK BAILHONGAL DIST BELGAUM TIGADOLLI KARNATAKA 591115
Tilakwadi
CNRB0000558
PB 525, 197-D/2 KHANPUR ROAD TILAKWADI, BELGAUM - 590006
Udayambagh,belgaum
CNRB0001829
NO 794, KHANPUR ROAD , UDAYAMBAGH,BELGAUM - 590006
Vadgaon Belgaum
CNRB0005299
CTS 461, FIRST FLOOR, DATTA GALLI VADGAON BELGAUM PIN 590005
Yallammagudda
CNRB0010542
SRIRENUKADEVI YELLAMMA DEVASTHAN KALYAN MANTAP BLDG YELLAMMANAGUDDA 591 173
Yamagarni
CNRB0010584
H NO 294 BY 1 YAMAGARNI TQ CHIKODI BELGAUM DIST BELGAUM DIST KARNATAKA 591241
Yamakanamardi
CNRB0010545
HANJI BUILDING YAMAKANAMARDI DISTT BELGAUM KARNATAKA 591 245
Yarazarvi
CNRB0010595
SANGHA NIYAMIT REG NO 11066 PANCHAYATI MAIN ROAD YARAZARVI VILL SAUNDATTI TALUK BELAGAUM DISTRICT YARAZARVI KARNATAKA INDIA 591119
Yeragatti
CNRB0010517
M G ROAD YARAGATTI SAUNDATTI TALUKA DIST BELGAUM KARNATAKA 591 129
What is an IFSC Code?
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code issued by the Reserve Bank of India to every bank branch in India. This code is used to uniquely identify each branch and facilitates easy electronic payments. In the Indian banking system, the IFSC code is essential for smooth electronic transactions like NEFT, RTGS, and IMPS. Each IFSC code is specifically assigned to a branch, making it easily identifiable and ensuring every transaction is executed perfectly.
IFSC Code Structure
The IFSC code is an 11-character code that follows the structure below:
- First Four Characters: Alphabets indicating the bank's name. In "BANK0123456," "BANK" signifies the bank.
- Fifth Character: This is always '0' (zero), reserved for future use to ensure flexibility.
- Last Six Characters: Either alphabets or numbers characterizing the specific branch of the bank.
Example: In the IFSC code "SBIN0016654," "SBIN" identifies the bank, and "016654" identifies the branch. This unique format makes every branch easily identifiable.
How to Obtain the IFSC Code
Finding an IFSC code is easy. Here are a few methods:
- Cheque Book: Look at the upper-left section of the cheque leaves issued by the bank for your IFSC code.
- Bank Passbook: The IFSC code is also provided on the first page of the bank passbook given when you open an account.
- Official Website of the Bank: Nearly all banks offer an online search facility where you can find the IFSC code of their branches.
- Online Banking Portals: Within online banking services, you can find the IFSC code for your branch or any other.
- Mobile Banking Apps: Most banking apps have an option for branch details, where you can check the IFSC code.
- RBI Website: The Reserve Bank of India maintains a comprehensive list of all banks and their branches with their respective IFSC codes.
- Third-Party Websites: Some third-party websites that offer fund transfer services provide the IFSC code based on the bank and branch name.
Why is the IFSC Code Important in Fund Transfers?
The IFSC code is crucial for various electronic fund transfers. Here’s how it is used in different payment systems:
- NEFT (National Electronic Funds Transfer): IFSC Codes facilitate the transfer of funds from one bank account to another in India, ensuring transactions are forwarded to the right bank and branch smoothly and without mistakes.
- RTGS (Real-Time Gross Settlement): For high-value transactions, the IFSC code ensures secure and instant monetary transfers through real-time gross settlement.
- IMPS (Immediate Payment Service): The IFSC code enables instant fund transfers, especially between different banks. IMPS operates 24/7, and the IFSC code ensures the transaction is directed to the correct branch instantly.
- Error Prevention: Using the correct IFSC code reduces the chance of remitting money to the wrong account due to an incorrectly entered IFSC code. It acts as a control checkpoint to ensure the transaction is being sent to the intended recipient's bank branch.
What is the Use of an IFSC Code?
The IFSC code has numerous uses within the banking system:
- Enable Electronic Transfers: IFSC codes are essential for electronic transactions such as NEFT, RTGS, and IMPS. No transaction can be made without this code.
- Unique Identification of Bank Branch: Every IFSC code uniquely identifies a particular bank branch to ensure transactions reach the right destination.
- Ensures Risk-Free Transactions: The IFSC code ensures that money reaches the correct bank and branch, eliminating errors in the transaction process.
- Enables Online Banking: IFSC codes are crucial when adding a new beneficiary in online banking systems, ensuring the correct routing of funds.
Importance of Loan and Interest Calculator
Calculators are indispensable tools for financial planning, helping users make informed decisions. Here are some of the most commonly used types:
Loan Calculators
- Loan Calculator Vehicle: Helps determine monthly payments for vehicle loans.
- Loan Calculator 30 Year: Calculates monthly payments for a 30-year loan term.
- Loan Calculator Yearly Payment: Provides an annual breakdown of loan payments.
- Loan Calculator VA: Tailored for VA loans, assisting veterans in calculating their mortgage payments.
EMI Calculators
- EMI Calculator for Home Loan: Calculates the Equated Monthly Installment (EMI) for home loans.
- EMI Calculator US: Designed for users in the US to compute their home loan EMIs.
- EMI Calculator on Home Loan: Another tool for calculating home loan EMIs, ensuring accurate monthly payment estimates.
Interest Calculators
- Interest calculator yearly: Calculates the annual interest on loans or investments.
SIP Calculators
- SIP Calculator India: Designed for Indian investors to calculate returns on Systematic Investment Plans (SIPs).
- SIP Calculator Return: Estimates the returns on SIP investments.
- SIP Calculator Mutual Fund: Calculates potential returns from mutual fund SIPs.
- SIP Calculator Months: Provides monthly breakdowns of SIP investments.
- SIP Calculator Online: An online tool for calculating SIP returns.
- SIP Calculator Yearly: Offers yearly projections of SIP returns.
PPF Calculators
- PPF Calculator India: Calculates returns on Public Provident Fund (PPF) investments in India.
- PPF Generator: Generates detailed reports on PPF investments.
- PPF Calculator 15 years: Estimates returns over a 15-year period.
- PPF Calculator 30 years: Projects returns over a 30-year period
Conclusion
The IFSC code is a vital part of the Indian banking world, ensuring safe and easy online fund transfers. Whether you are doing NEFT, RTGS, or IMPS, the IFSC code ensures that your money reaches its intended destination. It is also significant in handling cheques, where the MICR code plays an important role. Together, these codes are crucial in enabling the smooth operation of banking transactions. Understanding their importance and correct use is indispensable for anyone dealing with electronic transactions in India.
Frequently Asked Questions
The IFSC code ensures the correct routing of electronic fund transfers to the concerned bank's particular branch, reducing errors and making transactions secure.
The IFSC code can be found on the bank's checkbook, passbook, official website, RBI website, or mobile banking application.
No, different branches of every bank have different IFSC codes to identify each branch correctly for internet-based transactions.
If you enter the wrong IFSC code while transferring funds, the transaction may be declined or sent to the wrong bank. Immediately contact your bank to rectify the issue.
The IFSC code comprises 11 characters: the first four characters represent the bank, the fifth is '0', and the remaining six describe the specific branch.
No, the IFSC code is designed for domestic electronic fund transfers in India. International transactions are made using SWIFT codes.
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