For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Canara Bank for its Satellite Savings Branch, Ahmedabad branch in Ahmadabad, Ahmedabad, Gujarat, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Canara Bank located in Ahmadabad or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code CNRB0002621. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Satellite Savings Branch, Ahmedabad, Ahmadabad
The table below shows the main details of the IFSC Code CNRB0002621 for the Canara Bank branch in Ahmadabad, which falls under the Ahmedabad district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0002621 |
| Branch | Satellite Savings Branch, Ahmedabad |
| City | Ahmadabad |
| District | Ahmedabad |
| State | Gujarat |
| Address | I Floor,Dhananjay Towers 100 Ft Main Road Satellite, Ahmedabad |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Ahmadabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0002621 for the Satellite Savings Branch, Ahmedabad branch of Canara Bank is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Satellite Savings Branch, Ahmedabad, Ahmadabad, Gujarat, is provided with a unique IFSC like CNRB0002621 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Ahmadabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Ahmadabad and Ahmedabad.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Satellite Savings Branch, Ahmedabad do not get mixed with another location.
Format of the IFSC Code CNRB0002621
The format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Canara Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Satellite Savings Branch, Ahmedabad in Ahmadabad.
For example, the IFSC Code CNRB0002621 of Canara Bank for the Satellite Savings Branch, Ahmedabad branch has these elements, identifying the bank and the branch location in Ahmadabad and Gujarat correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0002621 of Canara Bank for its Satellite Savings Branch, Ahmedabad branch located in Ahmadabad, the following methods can help:
Cheque Book
The cheque books that are issued by Canara Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Canara Bank branches in Ahmadabad and Ahmedabad, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Canara Bank and find the branch locator section. Search for Satellite Savings Branch, Ahmedabad or Ahmadabad to get the exact IFSC Code CNRB0002621.
Mobile Banking App
If you use Canara Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Canara Bank and Ahmadabad that will provide accurate information.
How to Use IFSC Code CNRB0002621 for Online Transfers?
Once you have the IFSC Code CNRB0002621 for the Satellite Savings Branch, Ahmedabad branch of Canara Bank in Ahmadabad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0002621. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Canara Bank IFSC Code CNRB0002621.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Canara Bank Satellite Savings Branch, Ahmedabad in Ahmadabad, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Canara Bank in Satellite Savings Branch, Ahmedabad, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Canara Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Ahmadabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0002621.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is I Floor,Dhananjay Towers 100 Ft Main Road Satellite, Ahmedabad located in Ahmadabad, Ahmedabad, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.