Canara Bank, VEMGAL
Here is the IFSC & MICR Codes of Canara Bank, VEMGAL, VEMGAL, KARNATAKA. Also get the latest address, contact number of Canara Bank, VEMGAL.
- IFSC Code
- CNRB0011502
- Branch
- VEMGAL
- Address
- SPUOD
- Bank Code
- CNRB
- MICR
- 563015105
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Frequently asked questions
- What's the IFSC Code of VEMGAL, Canara Bank?
The IFSC Code of VEMGAL, Canara Bank is CNRB0011502.
- What's the Address of VEMGAL, Canara Bank?
The Address of VEMGAL, Canara Bank is SPUOD.
- What's the MICR Code of VEMGAL, Canara Bank?
The MICR Code of VEMGAL, Canara Bank is 563015105.
- What's the District VEMGAL, Canara Bank falls under?
The District VEMGAL, Canara Bank falls under is KOLAR.
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).