IFSC Code, MICR Codes for CANARA BANK in KARNATAKA - SHIMOGA - RIPPONPET - ARASALU

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


IFSC Code

CNRB0005387

MICR Code

577015755

Branch

ARASALU

Contact

9480813037

Address

CANARA BANK ARASALU HOSANAGAR TAULKSHIMOGA DIST

City

RIPPONPET

District

SHIMOGA

State

KARNATAKA





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

CNRB0005387

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.