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

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


IFSC Code

CNRB0001704

MICR Code

638015405

Branch

MALAYAPALAYAM

Contact

259013

Address

162 J MAIN ROAD I FLOOR OLAVALOIL PO MALAYAPPALAYAMERODE DIST TAMIL NADU 638460

City

MALAYAPPALAYAM

District

ERODE

State

TAMIL NADU





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

CNRB0001704

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.