IFSC Code of Canara Bank, Titlagarh, Titlagarh, Odisha- CNRB0018020

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 Titlagarh branch in Balangir, Titlagarh, or Odisha, 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 Balangir or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CNRB0018020. 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, Titlagarh, Balangir

Here are the main details that are associated with the IFSC Code CNRB0018020 of Canara Bank for its branch located in Balangir, within the district of Titlagarh in the state of Odisha.

These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Balangir for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018020 for the Titlagarh branch of Canara Bank plays 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 Titlagarh, Balangir, Odisha, is provided with a unique IFSC like CNRB0018020 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code CNRB0018020

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 Titlagarh in Balangir.

For example, the IFSC Code CNRB0018020 of Canara Bank for the Titlagarh 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 trying to find the IFSC Code CNRB0018020 of Canara Bank for its Titlagarh branch located in Balangir, the following methods can help:

Cheque Book

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

Passbook

You can easily find the IFSC and MICR codes because most banks, including Canara Bank branches in Balangir and Titlagarh, print them on the first page of your passbook.

Bank Website

Visit the official website of Canara Bank and navigate to the branch locator section. Search for Titlagarh or Balangir to get the exact IFSC Code CNRB0018020.

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 keeps an updated list of all IFSC codes. If you search for Canara Bank and Balangir, you'll get the correct details.

How to Use IFSC Code CNRB0018020 for Online Transfers?

Once you have the IFSC Code CNRB0018020 for the Titlagarh branch of Canara Bank in Balangir, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0018020. Transfers are processed in batches. This is suitable for 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 CNRB0018020.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Titlagarh in Balangir may result in delayed or failed transactions.

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 Titlagarh, 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 Balangir manage their online transfers and cheque clearances easily.