IFSC Code, MICR Codes for CANARA BANK in TAMIL NADU - MADURAI - SHOLAVANDAN - SHOLAVANDAN

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


IFSC Code

CNRB0001019

MICR Code

625015020

Branch

SHOLAVANDAN

Contact

258240

Address

1748 VALAYALKARA STREET SHOLAVANDAN 624 214

City

SHOLAVANDAN

District

MADURAI

State

TAMIL NADU





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

CNRB0001019

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.