IFSC Code, MICR Codes for CANARA BANK in KARNATAKA - DAVANGERE - BASAVAPATNA - BASAVAPATNA

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


IFSC Code

CNRB0000578

MICR Code

577015712

Branch

BASAVAPATNA

Contact

272429

Address

MAIN ROAD BASAVAPATNA DAVANAGERE DIST KARNATAKA - 577 551

City

BASAVAPATNA

District

DAVANGERE

State

KARNATAKA





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

CNRB0000578

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.