IFSC Code, MICR Codes for CANARA BANK in KARNATAKA - KODAGU - BALELE - BALELE

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


IFSC Code

CNRB0000589

MICR Code

571015969

Branch

BALELE

Contact

272022

Address

MAIN ROAD BALELE KODAGU KARNATAKA - 571219

City

BALELE

District

KODAGU

State

KARNATAKA





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

CNRB0000589

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.