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 Balasore Sahadevkhunta Ii branch in Baleshwar, Balasore, 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 Baleshwar or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CNRB0017278. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Balasore Sahadevkhunta Ii, Baleshwar
Here are some of the key details that come with the IFSC Code CNRB0017278 of Canara Bank for its branch located in Baleshwar, within the district of Balasore in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0017278 |
| Branch | Balasore Sahadevkhunta Ii |
| City | Baleshwar |
| District | Balasore |
| State | Odisha |
| Address | Mauza Bhaskarganj Unit 10 Khata No 309 Plot No 11 Infront Of Utkal Balashram Balasore Odisha India 756001 |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Baleshwar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0017278 for the Balasore Sahadevkhunta Ii branch of Canara Bank is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Balasore Sahadevkhunta Ii, Baleshwar, Odisha, is provided a unique IFSC like CNRB0017278 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Canara Bank branch in Baleshwar.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Baleshwar and Balasore.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Odisha and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Balasore Sahadevkhunta Ii do not get misguided to another person.
Format of the IFSC Code CNRB0017278
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 Balasore Sahadevkhunta Ii in Baleshwar.
For example, the IFSC Code CNRB0017278 of Canara Bank for the Balasore Sahadevkhunta Ii branch has these elements, identifying the bank and the branch location in Baleshwar and Odisha correctly.
How to Find IFSC Code for Canara Bank?
If you are looking for the IFSC Code CNRB0017278 of Canara Bank for its Balasore Sahadevkhunta Ii branch located in Baleshwar, 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 Baleshwar and Balasore, 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 Balasore Sahadevkhunta Ii or Baleshwar to get the exact IFSC Code CNRB0017278.
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 Baleshwar, then it will provide you proper information.
How to Use IFSC Code CNRB0017278 for Online Transfers?
Once you have the IFSC Code CNRB0017278 for the Balasore Sahadevkhunta Ii branch of Canara Bank in Baleshwar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0017278. 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 CNRB0017278.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Balasore Sahadevkhunta Ii in Baleshwar, 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 Balasore Sahadevkhunta Ii, 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 Baleshwar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0017278.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Mauza Bhaskarganj Unit 10 Khata No 309 Plot No 11 Infront Of Utkal Balashram Balasore Odisha India 756001 located in Baleshwar, Balasore, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.