Canara Bank SAVALGI

Canara Bank – SAVALGI

IFSC Code: CNRB0010821

MICR Code: 587015305

Branch: SAVALGI

Bank: Canara Bank

Address: NO 726 BKT MAHESHWADGI BUILDING SAVALGI DT BAGALKOTE PIN 586126

District: BAGALKOTE

State: KARNATAKA

Contact:

Indian Financial System Code (IFSC): CNRB0010821

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 010821. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 587015305

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.