Latest details of Ifsc: Cnrb0001297
CANARA BANK
Branch name : BASARALU
Contact Information
Address: SRI SIDDALINGESWARA NILAYA , MUTHEGERE ROAD, , BASARALU, DIST MANDYA (KARNATAKA) - 571416
Contact number: 276622
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.
