CNRB0000589 IFSC Code, CANARA BANK, BALELE

IFSC Code of Canara Bank, Balele, Karnataka IFSC CODE & MICR CODE

CANARA BANK, BALELE - CNRB0000589

  • Bank name: CANARA BANK

Bank Address: Main Road, Balele ,kodagu, Karnataka - 571219

  • IFSC Code cnrb0000589
  • Bank Code CNRB
  • Bank name CANARA BANK
  • Bank contact number +918274272022
  • Bank branch BALELE
  • Bank ISO3166 Code IN-KA
  • Bank Center KODAGU
  • MICR Code 571015969
  • State name KARNATAKA
  • District name KODAGU
  • City name BALELE
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for CANARA BANK, BALELE branch is CNRB0000589, ensures that your transactions are directed to the correct branch.

How to Use CNRB0000589 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the BALELE branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.