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Canara Bank

THOOTHUKKUDI SPIC NAGAR AREA BRANCH

+9102218001030

IFSC CODE
CNRB0008582
MICR Code
Branch Code 008582
City / District THOOTHUKKUDI
State TAMIL NADU
Office Address NO 349 1 A2B TIRUCHENDUR MAIN ROAD SPIC NAGAR DISTRICT THOOTHUKKUDI STATE TAMILNADU PIN 628005
Phone +9102218001030
📍 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 THOOTHUKKUDI SPIC NAGAR AREA branch of Canara Bank, the code CNRB0008582 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 CNRB0008582 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 THOOTHUKKUDI SPIC NAGAR AREA

Payment Systems Supported by CNRB0008582

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——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 THOOTHUKKUDI typically follows the RBI holiday calendar. Digital transfers via CNRB0008582 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 CNRB0008582 is the valid code for THOOTHUKKUDI SPIC NAGAR AREA at THOOTHUKKUDI, 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

  • • THOOTHUKKUDI SPIC NAGAR AREA Contact
  • • Address of Canara Bank
  • • MICR Code Finder
  • • TAMIL NADU Banking Circle

Platform Links

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  • • IFSC Finder v2.0

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