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 Bhadrak branch in Bhadrak, Bhadrak, 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 CNRB0003141. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Bhadrak, Bhadrak
The table below shows the main details of the IFSC Code CNRB0003141 for the Canara Bank branch in Bhadrak, which falls under the Bhadrak district in Odisha.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0003141 |
| Branch | Bhadrak |
| City | Bhadrak |
| District | Bhadrak |
| State | Odisha |
| Address | Canara Bank, By-Pass Road, Pin-756100 |
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 CNRB0003141 for the Bhadrak 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 Bhadrak, Bhadrak, Odisha, are given a unique IFSC like CNRB0003141 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 any kind of confusion between different branches of the same bank in places like Bhadrak and Bhadrak.
- 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 Bhadrak 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 CNRB0003141
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 Bhadrak in Bhadrak.
For example, the IFSC Code CNRB0003141 of Canara Bank for the Bhadrak 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 CNRB0003141 of Canara Bank for its Bhadrak branch located in Bhadrak, 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 Bhadrak and Bhadrak, 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 Bhadrak or Bhadrak to get the exact IFSC Code CNRB0003141.
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 Bhadrak, you'll get the correct details.
How to Use IFSC Code CNRB0003141 for Online Transfers?
If you have the IFSC Code CNRB0003141 for the Bhadrak branch of Canara Bank in Bhadrak, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0003141. 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 CNRB0003141.
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 Bhadrak in Bhadrak, it may 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 Bhadrak, 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 Bhadrak manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0003141.
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, By-Pass Road, Pin-756100 located in Bhadrak, Bhadrak, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.