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IFSC Code of Canara Bank, D S Market(Main), Amritsar, Amritsar, Punjab — CNRB0000166

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 D S Market(Main), Amritsar branch in Amritsar, Amritsar, Punjab, 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 Amritsar or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code CNRB0000166. 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, D S Market(Main), Amritsar, Amritsar

The table below shows the main details of the IFSC Code CNRB0000166 for the Canara Bank branch in Amritsar, which falls under the Amritsar district in Punjab.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0000166
Branch D S Market(Main), Amritsar
City Amritsar
District Amritsar
State Punjab
Address 18-20, Dharam Singh Market, Golden Temple Road Amritsar 143001

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Amritsar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0000166 for the D S Market(Main), Amritsar 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 D S Market(Main), Amritsar, Amritsar, Punjab, is provided with a unique IFSC like CNRB0000166 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Amritsar.
  • 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 Amritsar and Amritsar.
  • 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 Punjab and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in D S Market(Main), Amritsar do not get mixed with another location.

Format of the IFSC Code CNRB0000166

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 D S Market(Main), Amritsar in Amritsar.

For example, the IFSC Code CNRB0000166 of Canara Bank for the D S Market(Main), Amritsar branch includes these elements, identifying the bank and the branch location in Amritsar and Punjab accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0000166 of Canara Bank for its D S Market(Main), Amritsar branch located in Amritsar, 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 Amritsar and Amritsar, 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 D S Market(Main), Amritsar or Amritsar to get the exact IFSC Code CNRB0000166.

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 Amritsar that will provide accurate information.

How to Use IFSC Code CNRB0000166 for Online Transfers?

Once you have the IFSC Code CNRB0000166 for the D S Market(Main), Amritsar branch of Canara Bank in Amritsar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0000166. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 CNRB0000166.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank D S Market(Main), Amritsar in Amritsar, 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 D S Market(Main), Amritsar, 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 Amritsar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in D S Market(Main), Amritsar, Amritsar?

The IFSC Code is CNRB0000166.

Is the IFSC Code CNRB0000166 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank D S Market(Main), Amritsar?

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

What is the full address of the D S Market(Main), Amritsar branch?

The address of the branch is 18-20, Dharam Singh Market, Golden Temple Road Amritsar 143001 located in Amritsar, Amritsar, Punjab.

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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