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 Ashok Vihar Alwar branch in Alwar, Alwar, Rajasthan, 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 Alwar or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code CNRB0005436. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Ashok Vihar Alwar, Alwar

Here are the key points that are associated with the IFSC Code CNRB0005436 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 CNRB0005436
Branch Ashok Vihar Alwar
City Alwar
District Alwar
State Rajasthan
Address A16 17 Ashok Vihar, Alwar Rajasthan

These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Alwar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0005436 for the Ashok Vihar Alwar branch of Canara Bank has an important role.

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 Ashok Vihar Alwar, Alwar, Rajasthan, is provided with a unique IFSC like CNRB0005436 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Alwar.
  • 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 Alwar and Alwar.
  • 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 Rajasthan and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Ashok Vihar Alwar do not get mixed with another location.

Format of the IFSC Code CNRB0005436

The format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Canara Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Ashok Vihar Alwar in Alwar.

For example, the IFSC Code CNRB0005436 of Canara Bank for the Ashok Vihar Alwar branch includes these elements, identifying the bank and the branch location in Alwar and Rajasthan accurately.

How to Find IFSC Code for Canara Bank?

To find the IFSC Code CNRB0005436 of Canara Bank for its Ashok Vihar Alwar branch located in Alwar, the following methods can help you out:

Cheque Book

The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Canara Bank branches in Alwar and Alwar, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Canara Bank and go to the branch locator section. Then search for Ashok Vihar Alwar or Alwar to find the exact IFSC Code CNRB0005436.

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 maintains an updated database of all IFSC codes. Searching for Canara Bank and Alwar will provide accurate information.

How to Use IFSC Code CNRB0005436 for Online Transfers?

Once you have the IFSC Code CNRB0005436 for the Ashok Vihar Alwar branch of Canara Bank in Alwar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0005436. 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 CNRB0005436.

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 Ashok Vihar Alwar in Alwar, 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 Ashok Vihar Alwar, 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)

What is the IFSC Code of Canara Bank in Ashok Vihar Alwar, Alwar?

The IFSC Code is CNRB0005436.

Is the IFSC Code CNRB0005436 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Canara Bank Ashok Vihar Alwar?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Ashok Vihar Alwar branch?

The address of the branch is A16 17 Ashok Vihar, Alwar Rajasthan located in Alwar, Alwar, Rajasthan.

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.

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