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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Canara Bank for its Dakshin Dhamara branch in Bhadrak, Dhamara, Odisha, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Canara Bank located in Bhadrak or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CNRB0003389. 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, Dakshin Dhamara, Bhadrak

The table below shows the main details of the IFSC Code CNRB0003389 for the Canara Bank branch in Bhadrak, which falls under the Dhamara district in Odisha.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0003389
Branch Dakshin Dhamara
City Bhadrak
District Dhamara
State Odisha
Address Canara Bank, Dakshina Dhamra- At/Po- Kaithkhola, Dhamra Dist- Bhadrak-756171

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 CNRB0003389 for the Dakshin Dhamara 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 that is provided by the Reserve Bank of India. A unique IFSC like CNRB0003389 is given to every bank branch, including Canara Bank located in Dakshin Dhamara, Bhadrak, Odisha, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Bhadrak.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Bhadrak and Dhamara.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Dakshin Dhamara doesn't end up at another location.

Format of the IFSC Code CNRB0003389

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 Dakshin Dhamara in Bhadrak.

For example, the IFSC Code CNRB0003389 of Canara Bank for the Dakshin Dhamara 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 CNRB0003389 of Canara Bank for its Dakshin Dhamara 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 Dhamara, 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 Dakshin Dhamara or Bhadrak to get the exact IFSC Code CNRB0003389.

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 CNRB0003389 for Online Transfers?

Once you have the IFSC Code CNRB0003389 for the Dakshin Dhamara branch of Canara Bank in Bhadrak, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0003389. Transfers are processed in batches. This is 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. Requires the recipient's account details and Canara Bank IFSC Code CNRB0003389.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Dakshin Dhamara in Bhadrak 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 Dakshin Dhamara, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Bhadrak to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Dakshin Dhamara, Bhadrak?

The IFSC Code is CNRB0003389.

Is the IFSC Code CNRB0003389 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 Dakshin Dhamara?

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 Dakshin Dhamara branch?

The address of the branch is Canara Bank, Dakshina Dhamra- At/Po- Kaithkhola, Dhamra Dist- Bhadrak-756171 located in Bhadrak, Dhamara, 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.