The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Canara Bank for its Kantabanji branch in Balangir, Kantabanji, Odisha, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Canara Bank located in Balangir or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CNRB0006128. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Kantabanji, Balangir

Here are the main details that are associated with the IFSC Code CNRB0006128 of Canara Bank for its branch located in Balangir, within the district of Kantabanji in the state of Odisha.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0006128
Branch Kantabanji
City Balangir
District Kantabanji
State Odisha
Address Canara Bank Om Prakash Jharwalla Chowk Near Bus Stand Bazar Para Kantabanji Orissa 767039

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Balangir for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0006128 for the Kantabanji 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 Kantabanji, Balangir, Odisha, are allotted a unique IFSC like CNRB0006128 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Balangir.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Balangir and Kantabanji.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Canara Bank in Kantabanji reaches the right place, even though there are thousands of branches in Odisha and across India.

Format of the IFSC Code CNRB0006128

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 Kantabanji in Balangir.

For example, the IFSC Code CNRB0006128 of Canara Bank for the Kantabanji branch has these elements, identifying the bank and the branch location in Balangir and Odisha correctly.

How to Find IFSC Code for Canara Bank?

If you are looking for the IFSC Code CNRB0006128 of Canara Bank for its Kantabanji branch located in Balangir, 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 Balangir and Kantabanji, 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 Kantabanji or Balangir to get the exact IFSC Code CNRB0006128.

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 Balangir, then it will provide you proper information.

How to Use IFSC Code CNRB0006128 for Online Transfers?

Once you have the IFSC Code CNRB0006128 for the Kantabanji branch of Canara Bank in Balangir, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0006128. 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 CNRB0006128.

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 Kantabanji in Balangir, 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 Kantabanji, 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 Balangir to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Kantabanji, Balangir?

The IFSC Code is CNRB0006128.

Is the IFSC Code CNRB0006128 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 Kantabanji?

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 Kantabanji branch?

The address of the branch is Canara Bank Om Prakash Jharwalla Chowk Near Bus Stand Bazar Para Kantabanji Orissa 767039 located in Balangir, Kantabanji, Odisha.

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.