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 Kasaba 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 CNRB0004034. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Kasaba, Baleshwar
Here are the main details that are associated with the IFSC Code CNRB0004034 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 | CNRB0004034 |
| Branch | Kasaba |
| City | Baleshwar |
| District | Balasore |
| State | Odisha |
| Address | At/Po Phulwar Kasaba, Via Motiganj, Dist Balasore, Odisha, - 756003 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Baleshwar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0004034 for the Kasaba 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 that is provided by the Reserve Bank of India. A unique IFSC like CNRB0004034 is given to every bank branch, including Canara Bank located in Kasaba, Baleshwar, Odisha, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Baleshwar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Baleshwar and Balasore.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Kasaba doesn't end up at another location.
Format of the IFSC Code CNRB0004034
The format of the IFSC Code for banks, including Canara Bank, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Canara Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kasaba in Baleshwar.
For example, the IFSC Code CNRB0004034 of Canara Bank for the Kasaba branch includes 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 CNRB0004034 of Canara Bank for its Kasaba 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 Kasaba or Baleshwar to get the exact IFSC Code CNRB0004034.
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 CNRB0004034 for Online Transfers?
Once you have the IFSC Code CNRB0004034 for the Kasaba branch of Canara Bank in Baleshwar, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0004034. 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 CNRB0004034.
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 Kasaba in Baleshwar, it can 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 Kasaba, 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 Baleshwar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0004034.
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 At/Po Phulwar Kasaba, Via Motiganj, Dist Balasore, Odisha, - 756003 located in Baleshwar, Balasore, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.