IFSC Code of Canara Bank, Nilagiri, Nilagiri, Odisha- CNRB0017255

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 Nilagiri branch in Baleshwar, Nilagiri, Odisha, 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 Baleshwar or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code CNRB0017255. 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, Nilagiri, Baleshwar

The table below shows the main details of the IFSC Code CNRB0017255 for the Canara Bank branch in Baleshwar, which falls under the Nilagiri district in Odisha.

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 CNRB0017255 for the Nilagiri branch of Canara Bank has an important role.

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 Nilagiri, Baleshwar, Odisha, is provided a unique IFSC like CNRB0017255 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 Nilagiri.
• 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 Nilagiri do not get misguided to another person.

Format of the IFSC Code CNRB0017255

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 Nilagiri in Baleshwar.

For example, the IFSC Code CNRB0017255 of Canara Bank for the Nilagiri branch includes these elements, identifying the bank and the branch location in Baleshwar and Odisha accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0017255 of Canara Bank for its Nilagiri branch located in Baleshwar, 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 Baleshwar and Nilagiri, 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 Nilagiri or Baleshwar to get the exact IFSC Code CNRB0017255.

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 Baleshwar, you'll get the correct details.

How to Use IFSC Code CNRB0017255 for Online Transfers?

Once you have the IFSC Code CNRB0017255 for the Nilagiri branch of Canara Bank in Baleshwar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0017255. 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 CNRB0017255.

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

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Canara Bank in Nilagiri, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Canara Bank website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Baleshwar manage online transfers as well as cheque clearances with ease.