Canara Bank
DADAULI FI BRANCH BRANCH
+91123123
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 DADAULI FI BRANCH
branch of Canara Bank, the code CNRB0008702 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 CNRB0008702 Code
An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:
Bank Identity
"CNRB" represents Canara Bank
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for DADAULI FI BRANCH
Payment Systems Supported by CNRB0008702
| 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—110015344—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 PUNHANA typically follows the RBI holiday calendar. Digital transfers via CNRB0008702 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 CNRB0008702 is the valid code for DADAULI FI BRANCH at PUNHANA, ensure the beneficiary name matches perfectly in your mobile banking app.
Bank Search Indexing & Metadata
Related Searches
- • Canara Bank Branch List
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Financial Tools
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Branch Context
- • DADAULI FI BRANCH Contact
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Platform Links
- • Anand Design DevBox
- • SEO Performance Hub
- • Webmaster Tools
- • IFSC Finder v2.0
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