Latest details of Ifsc: Cnrb0000537
CANARA BANK
Branch name : HOSPET
Contact Information
Address: JM BUILDING, 942, FIRST FLOOR, OPP.NEW BUS STAND, STATION RD, HOSPET PIN 583201
Contact number: 224443
IFSC code can be used for RTGS, IMPS and NEFT transactions
Last six characters of IFSC Code make a Branch code.
IFSC Code
Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:
- • First 4 characters: Bank identifier
- • 5th character: Reserved (0)
- • Last 6 characters: Branch code
MICR Code
MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.
These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.
