IFSC Code, MICR Codes for CANARA BANK in KERALA - PALAKKAD - PALAKKAD - OLAVAKKODE

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


IFSC Code

CNRB0005779

MICR Code

678015009

Branch

OLAVAKKODE

Contact

2554072

Address

CANARA BANK 36/8 MANGALY TOWERS PALAKKAD KERALA 123

City

PALAKKAD

District

PALAKKAD

State

KERALA





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

CNRB0005779

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.