IFSC Code, MICR Codes for CANARA BANK in TAMIL NADU - ERODE - ARACHALUR - ARACHALUR

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


IFSC Code

CNRB0001029

MICR Code

638015014

Branch

ARACHALUR

Contact

2357493

Address

D-10 ANNA NAGAR ARACHALUR 638101

City

ARACHALUR

District

ERODE

State

TAMIL NADU





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

CNRB0001029

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.