IFSC Code, MICR Codes for CANARA BANK in KARNATAKA - BIDAR - BASAVAKALYAN - BASAVAKALYAN

CANARA BANK RTGS HO Branch in BASAVAKALYAN - Address, IFSC, MICR Code


IFSC Code

CNRB0001156

MICR Code

585015503

Branch

BASAVAKALYAN

Contact

250270

Address

SRI SADGURU SADANAND MATH CMPX MAIN ROAD BASAVAKALYAN BIDAR DIST KARNATAKA - 585327

City

BASAVAKALYAN

District

BIDAR

State

KARNATAKA





What is IFSC Code of CANARA BANK situated at BASAVAKALYAN- RTGS-HO?
IFSC Code of CANARA BANK situated at BASAVAKALYAN - RTGS-HO is

CNRB0001156

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.