Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Canara Bank for its Erandgaon branch in Ahmadnagar, Ahmednagar Dist, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Canara Bank located in Ahmadnagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CNRB0015104. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Erandgaon, Ahmadnagar
Here are some of the key details that come with the IFSC Code CNRB0015104 of Canara Bank for its branch located in Ahmadnagar, within the district of Ahmednagar Dist in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0015104 |
| Branch | Erandgaon |
| City | Ahmadnagar |
| District | Ahmednagar Dist |
| State | Maharashtra |
| Address | At Post Erandgaon Shevgaon Taluk 414502 |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Ahmadnagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0015104 for the Erandgaon branch of Canara Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Erandgaon, Ahmadnagar, Maharashtra, is provided a unique IFSC like CNRB0015104 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Canara Bank branch in Ahmadnagar.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Ahmadnagar and Ahmednagar Dist.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Erandgaon do not get misguided to another person.
Format of the IFSC Code CNRB0015104
This is the format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Canara Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Erandgaon in Ahmadnagar.
For example, the IFSC Code CNRB0015104 of Canara Bank for the Erandgaon branch includes these elements, identifying the bank and the branch location in Ahmadnagar and Maharashtra accurately.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0015104 of Canara Bank for its Erandgaon branch located in Ahmadnagar, the following methods can help:
Cheque Book
The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Canara Bank branches in Ahmadnagar and Ahmednagar Dist, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Canara Bank and navigate to the branch locator section. Search for Erandgaon or Ahmadnagar to get the exact IFSC Code CNRB0015104.
Mobile Banking App
If you use Canara Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Canara Bank and Ahmadnagar, you'll get the correct details.
How to Use IFSC Code CNRB0015104 for Online Transfers?
Once you have the IFSC Code CNRB0015104 for the Erandgaon branch of Canara Bank in Ahmadnagar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0015104. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Canara Bank IFSC Code CNRB0015104.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Erandgaon in Ahmadnagar may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Canara Bank in Erandgaon, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Canara Bank website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Ahmadnagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0015104.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is At Post Erandgaon Shevgaon Taluk 414502 located in Ahmadnagar, Ahmednagar Dist, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.