Canara Bank, SOMANDEPALLI

Here is the IFSC & MICR Codes of Canara Bank, SOMANDEPALLI, SOMANDAPALLI, ANDHRA PRADESH. Also get the latest address, contact number of Canara Bank, SOMANDEPALLI.

IFSC Code: CNRB0001200
Branch: SOMANDEPALLI
Address: 1/98, PANCHAYAT ROAD,, SOMANDEPALLI , DIST ANANTPUR (A P ) - 515222
Bank Code: CNRB
MICR: 515015093

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Frequently asked questions

What's the IFSC Code of SOMANDEPALLI, Canara Bank?: The IFSC Code of SOMANDEPALLI, Canara Bank is CNRB0001200.
What's the Address of SOMANDEPALLI, Canara Bank?: The Address of SOMANDEPALLI, Canara Bank is 1/98, PANCHAYAT ROAD,, SOMANDEPALLI , DIST ANANTPUR (A P ) - 515222.
What's the MICR Code of SOMANDEPALLI, Canara Bank?: The MICR Code of SOMANDEPALLI, Canara Bank is 515015093.
What's the District SOMANDEPALLI, Canara Bank falls under?: The District SOMANDEPALLI, Canara Bank falls under is ANANTAPUR.

Definition

What is IFSC Code

IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.

The IFSC code is used to facilitate electronic money transfers between banks in India. It is used to identify the sender and receiver bank branches, ensuring that the money is credited to the correct account. The IFSC code is made up of three parts:

The first four characters represent the bank code, identifying the bank that the branch belongs to.
The fifth character is always a zero, reserved for future use.
The last six characters represent the branch code, identifying the specific branch of the bank.

For example, the IFSC code for the State Bank of India's Mumbai Fort branch is SBIN0000300. In this code, "SBIN" is the bank code for State Bank of India, "0" is a reserved character, and "000300" is the branch code for the Mumbai Fort branch.

IFSC codes are used in many types of electronic transactions, including NEFT, RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).