Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Canara Bank for its Deogaon branch in Bargarh Dist, Bargarh Dist, or Odisha, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Canara Bank located in Bargarh Dist or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CNRB0018089. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Deogaon, Bargarh Dist

The table below shows the main details of the IFSC Code CNRB0018089 for the Canara Bank branch in Bargarh Dist, which falls under the Bargarh Dist district in Odisha.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0018089
Branch Deogaon
City Bargarh Dist
District Bargarh Dist
State Odisha
Address At Po Deogaon Block Bargarh Bargarh Dist Bargarh Dist Odisha 768038

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Bargarh Dist for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0018089 for the Deogaon branch of Canara Bank is vital.

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 Deogaon, Bargarh Dist, Odisha, are given a unique IFSC like CNRB0018089 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Bargarh Dist.
  • 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 Bargarh Dist and Bargarh Dist.
  • 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 Deogaon 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 CNRB0018089

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 Deogaon in Bargarh Dist.

For example, the IFSC Code CNRB0018089 of Canara Bank for the Deogaon branch includes these elements, identifying the bank and the branch location in Bargarh Dist and Odisha accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0018089 of Canara Bank for its Deogaon branch located in Bargarh Dist, 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 Bargarh Dist and Bargarh Dist, 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 Deogaon or Bargarh Dist to get the exact IFSC Code CNRB0018089.

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 Bargarh Dist, you'll get the correct details.

How to Use IFSC Code CNRB0018089 for Online Transfers?

Once you have the IFSC Code CNRB0018089 for the Deogaon branch of Canara Bank in Bargarh Dist, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0018089. 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 CNRB0018089.

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 Deogaon in Bargarh Dist, it can 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 Deogaon, 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 Bargarh Dist manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Deogaon, Bargarh Dist?

The IFSC Code is CNRB0018089.

Is the IFSC Code CNRB0018089 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 Deogaon?

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 Deogaon branch?

The address of the branch is At Po Deogaon Block Bargarh Bargarh Dist Bargarh Dist Odisha 768038 located in Bargarh Dist, Bargarh Dist, 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.