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Canara Bank

PALLIPPURAM BRANCH

+914712755499

IFSC CODE
CNRB0005513
MICR Code 695015046
Branch Code 005513
City / District PALLIPPURAM
State KERALA
Office Address 5183 CD, OPP OFFICERS MESS,NEAR CRPF JUNCTION, PALLIPPURAM,TRIVANDRUM KERALA
Phone +914712755499
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Canara Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the PALLIPPURAM branch of Canara Bank, the code CNRB0005513 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the CNRB0005513 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"CNRB" represents Canara Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for PALLIPPURAM

Payment Systems Supported by CNRB0005513

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—695015046—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Canara Bank in PALLIPPURAM typically follows the RBI holiday calendar. Digital transfers via CNRB0005513 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While CNRB0005513 is the valid code for PALLIPPURAM at PALLIPPURAM, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Financial Tools

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Branch Context

  • • PALLIPPURAM Contact
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  • • MICR Code Finder
  • • KERALA Banking Circle

Platform Links

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  • • IFSC Finder v2.0

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