There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Canara Bank for its Loomb branch in Baghpat, Loomb, Uttar Pradesh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Canara Bank situated in Baghpat or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code CNRB0018805. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Loomb, Baghpat

Here are the key points that are associated with the IFSC Code CNRB0018805 of Canara Bank for its branch located in Baghpat, within the district of Loomb in the state of Uttar Pradesh.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0018805
Branch Loomb
City Baghpat
District Loomb
State Uttar Pradesh
Address Loomb Baghpat

These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Baghpat for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018805 for the Loomb 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, along with Canara Bank located in Loomb, Baghpat, Uttar Pradesh, are given a unique IFSC like CNRB0018805 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Baghpat.
  • 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 Baghpat and Loomb.
  • 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 Loomb goes to the correct branch. This is important because Canara Bank has thousands of branches in Uttar Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CNRB0018805

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 Loomb in Baghpat.

For example, the IFSC Code CNRB0018805 of Canara Bank for the Loomb branch includes these elements, identifying the bank and the branch location in Baghpat and Uttar Pradesh accurately.

How to Find IFSC Code for Canara Bank?

To find the IFSC Code CNRB0018805 of Canara Bank for its Loomb branch located in Baghpat, 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 Baghpat and Loomb, 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 Loomb or Baghpat to find the exact IFSC Code CNRB0018805.

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 Baghpat will provide accurate information.

How to Use IFSC Code CNRB0018805 for Online Transfers?

Once you have the IFSC Code CNRB0018805 for the Loomb branch of Canara Bank in Baghpat, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0018805. 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 CNRB0018805.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Loomb in Baghpat, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Canara Bank in Loomb, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Baghpat manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Loomb, Baghpat?

The IFSC Code is CNRB0018805.

Is the IFSC Code CNRB0018805 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 Loomb?

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 Loomb branch?

The address of the branch is Loomb Baghpat located in Baghpat, Loomb, Uttar Pradesh.

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.