IFSC Code, MICR Codes for CANARA BANK in TAMIL NADU - SALEM - SALEM - GUGAI SALEM

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


IFSC Code

CNRB0001218

MICR Code

636015004

Branch

GUGAI SALEM

Contact

2223812

Address

PB NO.655 114 CHAMUNDI STREETGUGAI SALEM 636 006

City

SALEM

District

SALEM

State

TAMIL NADU





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

CNRB0001218

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.