The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Canara Bank for its Barandua branch in Bhadrak, Betada, Odisha, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Canara Bank located in Bhadrak or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CNRB0006261. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Barandua, Bhadrak
Here are the main details that are associated with the IFSC Code CNRB0006261 of Canara Bank for its branch located in Bhadrak, within the district of Betada in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0006261 |
| Branch | Barandua |
| City | Bhadrak |
| District | Betada |
| State | Odisha |
| Address | Canara Bank At Chandanpur,Po Betada,Dist Bhadrak Barandua Orissa 756168 |
These details helps users in online banking and for businesses and individuals who use Canara Bank in Bhadrak for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0006261 for the Barandua branch of Canara Bank plays a vital 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 Barandua, Bhadrak, Odisha, are allotted a unique IFSC like CNRB0006261 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bhadrak.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Bhadrak and Betada.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Canara Bank in Barandua reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code CNRB0006261
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): These represent the bank code. In Canara Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Barandua in Bhadrak.
For example, the IFSC Code CNRB0006261 of Canara Bank for the Barandua branch has these elements, identifying the bank and the branch location in Bhadrak and Odisha correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0006261 of Canara Bank for its Barandua branch located in Bhadrak, the following methods can help:
Cheque Book
The cheque books that are issued by Canara Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Canara Bank branches in Bhadrak and Betada, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Canara Bank and find the branch locator section. Search for Barandua or Bhadrak to get the exact IFSC Code CNRB0006261.
Mobile Banking App
If you use Canara Bank's mobile app, you can easily 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 to help you in searching for Canara Bank and Bhadrak that will provide accurate information.
How to Use IFSC Code CNRB0006261 for Online Transfers?
Once you have the IFSC Code CNRB0006261 for the Barandua branch of Canara Bank in Bhadrak, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0006261. 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 CNRB0006261.
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 Barandua in Bhadrak, it can result in delayed or failed transactions.
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 Barandua, 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 Bhadrak manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0006261.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Canara Bank At Chandanpur,Po Betada,Dist Bhadrak Barandua Orissa 756168 located in Bhadrak, Betada, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.