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Canara Bank

KALAGI BRANCH

IFSC CODE
CNRB0010872
MICR Code 586015040
Branch Code 010872
City / District MUDDEBIHAL
State KARNATAKA
Office Address NEAR MUDGAL SWAMY MATH KALAGI MUDDEBIHAL TQ BIJAPUR KARNATAKA 586213
Phone Not Available
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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 KALAGI branch of Canara Bank, the code CNRB0010872 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 CNRB0010872 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 KALAGI

Payment Systems Supported by CNRB0010872

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—586015040—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 MUDDEBIHAL typically follows the RBI holiday calendar. Digital transfers via CNRB0010872 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 CNRB0010872 is the valid code for KALAGI at MUDDEBIHAL, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

  • • Canara Bank Branch List
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  • • Swift Code for Canara Bank
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Financial Tools

  • • GST Calculator Online
  • • Personal Loan EMI Calc
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Branch Context

  • • KALAGI Contact
  • • Address of Canara Bank
  • • MICR Code Finder
  • • KARNATAKA Banking Circle

Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
  • • Webmaster Tools
  • • IFSC Finder v2.0

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