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 Satuiakhata Rajshree Medical Research Inst branch in Bareilly, Fatehganj West, Uttar Pradesh, 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 Bareilly or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code CNRB0005923. 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, Satuiakhata Rajshree Medical Research Inst, Bareilly

Below in the table are the key details related to IFSC Code CNRB0005923 of Canara Bank for its branch located in Bareilly, within the district of Fatehganj West in the state of Uttar Pradesh.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0005923
Branch Satuiakhata Rajshree Medical Research Inst
City Bareilly
District Fatehganj West
State Uttar Pradesh
Address Canara Bank Vill Satuiakhata Tehsil Meerganj Dist Bareilly Satuiakhata Uttar Pradesh 243501

These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Bareilly for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0005923 for the Satuiakhata Rajshree Medical Research Inst 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 provided by the Reserve Bank of India. Every bank branch, along with Canara Bank located in Satuiakhata Rajshree Medical Research Inst, Bareilly, Uttar Pradesh, are given a unique IFSC like CNRB0005923 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Bareilly.
  • 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 Bareilly and Fatehganj West.
  • 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 Satuiakhata Rajshree Medical Research Inst goes to the correct branch. This is important because Canara Bank has thousands of branches in Uttar Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CNRB0005923

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): 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 Satuiakhata Rajshree Medical Research Inst in Bareilly.

For example, the IFSC Code CNRB0005923 of Canara Bank for the Satuiakhata Rajshree Medical Research Inst branch includes these elements, identifying the bank and the branch location in Bareilly and Uttar Pradesh accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0005923 of Canara Bank for its Satuiakhata Rajshree Medical Research Inst branch located in Bareilly, 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

Most banks, including Canara Bank branches in Bareilly and Fatehganj West, print the IFSC and MICR codes 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 Satuiakhata Rajshree Medical Research Inst or Bareilly to get the exact IFSC Code CNRB0005923.

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 Bareilly, you'll get the correct details.

How to Use IFSC Code CNRB0005923 for Online Transfers?

Once you have the IFSC Code CNRB0005923 for the Satuiakhata Rajshree Medical Research Inst branch of Canara Bank in Bareilly, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0005923. 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 CNRB0005923.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Satuiakhata Rajshree Medical Research Inst in Bareilly, your payment can get delayed or might not go through at all.

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 Satuiakhata Rajshree Medical Research Inst, 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 Bareilly manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Satuiakhata Rajshree Medical Research Inst, Bareilly?

The IFSC Code is CNRB0005923.

Is the IFSC Code CNRB0005923 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Satuiakhata Rajshree Medical Research Inst?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Satuiakhata Rajshree Medical Research Inst branch?

The address of the branch is Canara Bank Vill Satuiakhata Tehsil Meerganj Dist Bareilly Satuiakhata Uttar Pradesh 243501 located in Bareilly, Fatehganj West, Uttar Pradesh.

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.