For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Canara Bank for its Remuna branch in Baleshwar, Balasore, Odisha, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly 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 CNRB0017997. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Remuna, Baleshwar

Below in the table are the key details related to IFSC Code CNRB0017997 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 CNRB0017997
Branch Remuna
City Baleshwar
District Balasore
State Odisha
Address Khata No 136 289 Plot No 620 158 At Madhipur Infront Of Remuna Hs Remuna Post Balasore Dist Odisha India 756019

These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Baleshwar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0017997 for the Remuna 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, along with Canara Bank located in Remuna, Baleshwar, Odisha, are given a unique IFSC like CNRB0017997 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It helps ensure that any money sent to Canara Bank in Remuna goes to the correct branch. This is important because Canara Bank has thousands of branches in Odisha and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CNRB0017997

This is the format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Canara Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Remuna in Baleshwar.

For example, the IFSC Code CNRB0017997 of Canara Bank for the Remuna branch includes these elements, identifying the bank and the branch location in Baleshwar and Odisha accurately.

How to Find IFSC Code for Canara Bank?

To find the IFSC Code CNRB0017997 of Canara Bank for its Remuna branch located in Baleshwar, the following methods can help you out:

Cheque Book

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

Passbook

Most banks, including Canara Bank branches in Baleshwar and Balasore, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Canara Bank and go to the branch locator section. Then search for Remuna or Baleshwar to find the exact IFSC Code CNRB0017997.

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 maintains an updated database of all IFSC codes. Searching for Canara Bank and Baleshwar will provide accurate information.

How to Use IFSC Code CNRB0017997 for Online Transfers?

Once you have the IFSC Code CNRB0017997 for the Remuna 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 CNRB0017997. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 CNRB0017997.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Remuna 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 are very different from IFSC codes. If you are looking for the MICR code of Canara Bank in Remuna, 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)

What is the IFSC Code of Canara Bank in Remuna, Baleshwar?

The IFSC Code is CNRB0017997.

Is the IFSC Code CNRB0017997 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 Remuna?

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 Remuna branch?

The address of the branch is Khata No 136 289 Plot No 620 158 At Madhipur Infront Of Remuna Hs Remuna Post Balasore Dist Odisha India 756019 located in Baleshwar, Balasore, 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.

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