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 Shrigonda branch in Ahmadnagar, Shrigonda, Maharashtra, 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 Ahmadnagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CNRB0002568. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Shrigonda, Ahmadnagar

Below in the table are the key details related to IFSC Code CNRB0002568 of Canara Bank for its branch located in Ahmadnagar, within the district of Shrigonda in the state of Maharashtra.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0002568
Branch Shrigonda
City Ahmadnagar
District Shrigonda
State Maharashtra
Address 976, Main Road, , Shrigonda , Dist Ahmednagar (Maharastra) - 413701

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 CNRB0002568 for the Shrigonda 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 Shrigonda, Ahmadnagar, Maharashtra, is provided a unique IFSC like CNRB0002568 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 Shrigonda.
  • 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 Shrigonda do not get misguided to another person.

Format of the IFSC Code CNRB0002568

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 Shrigonda in Ahmadnagar.

For example, the IFSC Code CNRB0002568 of Canara Bank for the Shrigonda branch has these elements, identifying the bank and the branch location in Ahmadnagar and Maharashtra correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0002568 of Canara Bank for its Shrigonda 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

You can easily find the IFSC and MICR codes because most banks, including Canara Bank branches in Ahmadnagar and Shrigonda, print them 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 Shrigonda or Ahmadnagar to get the exact IFSC Code CNRB0002568.

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 CNRB0002568 for Online Transfers?

Once you have the IFSC Code CNRB0002568 for the Shrigonda branch of Canara Bank in Ahmadnagar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0002568. 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 CNRB0002568.

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 Shrigonda in Ahmadnagar, it can 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 Shrigonda, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Ahmadnagar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Shrigonda, Ahmadnagar?

The IFSC Code is CNRB0002568.

Is the IFSC Code CNRB0002568 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Shrigonda?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Shrigonda branch?

The address of the branch is 976, Main Road, , Shrigonda , Dist Ahmednagar (Maharastra) - 413701 located in Ahmadnagar, Shrigonda, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.