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 Asansol Ii branch in Barddhaman, Asansol, West Bengal, 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 Barddhaman or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code CNRB0019520. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Asansol Ii, Barddhaman

Here are the main details that are associated with the IFSC Code CNRB0019520 of Canara Bank for its branch located in Barddhaman, within the district of Asansol in the state of West Bengal.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0019520
Branch Asansol Ii
City Barddhaman
District Asansol
State West Bengal
Address 16 Gc Mitra Road Hutton Road Asansol Barddhaman L 713 301

These details help users in online banking and for businesses and individuals who use Canara Bank in Barddhaman for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0019520 for the Asansol Ii branch of Canara Bank has a very 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 Asansol Ii, Barddhaman, West Bengal, are given a unique IFSC like CNRB0019520 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Barddhaman.
  • 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 Barddhaman and Asansol.
  • 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 Asansol Ii goes to the correct branch. This is important because Canara Bank has thousands of branches in West Bengal and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CNRB0019520

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 Asansol Ii in Barddhaman.

For example, the IFSC Code CNRB0019520 of Canara Bank for the Asansol Ii branch includes these elements, identifying the bank and the branch location in Barddhaman and West Bengal accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0019520 of Canara Bank for its Asansol Ii branch located in Barddhaman, 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 Barddhaman and Asansol, 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 Asansol Ii or Barddhaman to get the exact IFSC Code CNRB0019520.

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 Barddhaman, you'll get the correct details.

How to Use IFSC Code CNRB0019520 for Online Transfers?

If you have the IFSC Code CNRB0019520 for the Asansol Ii branch of Canara Bank in Barddhaman, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0019520. Transfers are processed in batches. 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. Asks for the recipient's account details and Canara Bank IFSC Code CNRB0019520.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Canara Bank Asansol Ii in Barddhaman, it may result in delayed or failed transactions.

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 Asansol Ii, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Barddhaman manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank Asansol Ii Barddhaman?

The IFSC Code of the Asansol Ii Barddhaman branch is CNRB0019520.

Is IFSC Code CNRB0019520 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Canara Bank Asansol Ii branch?

The branch is located at 16 Gc Mitra Road Hutton Road Asansol Barddhaman L 713 301.

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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