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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Canara Bank for its Alwar Medalganj branch in Alwar, Alwar, or Rajasthan, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Canara Bank located in Alwar or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code CNRB0002135. 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, Alwar Medalganj, Alwar
Here are the key points that are associated with the IFSC Code CNRB0002135 of Canara Bank for its branch located in Alwar, within the district of Alwar in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0002135 |
| Branch | Alwar Medalganj |
| City | Alwar |
| District | Alwar |
| State | Rajasthan |
| Address | Gurumath Samagam Bldg,, Ist Floor,Road No.2,, Alwar 301001 |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Alwar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0002135 for the Alwar Medalganj 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, along with Canara Bank located in Alwar Medalganj, Alwar, Rajasthan, are given a unique IFSC like CNRB0002135 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Alwar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Alwar and Alwar.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Canara Bank in Alwar Medalganj goes to the correct branch. This is important because Canara Bank has thousands of branches in Rajasthan and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code CNRB0002135
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 Alwar Medalganj in Alwar.
For example, the IFSC Code CNRB0002135 of Canara Bank for the Alwar Medalganj branch includes these elements, identifying the bank and the branch location in Alwar and Rajasthan accurately.
How to Find IFSC Code for Canara Bank?
If you are looking for the IFSC Code CNRB0002135 of Canara Bank for its Alwar Medalganj branch located in Alwar, the following methods can help:
Cheque Book
The cheque book that is issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Canara Bank branches in Alwar and Alwar, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Canara Bank and look for the branch locator section, then search for Alwar Medalganj or Alwar to get the exact IFSC Code CNRB0002135.
Mobile Banking App
If you use Canara Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Canara Bank and Alwar, then it will provide you proper information.
How to Use IFSC Code CNRB0002135 for Online Transfers?
Once you have the IFSC Code CNRB0002135 for the Alwar Medalganj branch of Canara Bank in Alwar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0002135. The transfer is completed in batches instead of instantly. It is useful for both 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 CNRB0002135.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Alwar Medalganj in Alwar, your payment can get delayed or might not go through at all.
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 Alwar Medalganj, 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 Alwar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0002135.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Gurumath Samagam Bldg,, Ist Floor,Road No.2,, Alwar 301001 located in Alwar, Alwar, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.