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 Pala Sahi branch in Bhadrak, Dhusuri, 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 CNRB0005476. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Pala Sahi, Bhadrak

Here are the main details that are associated with the IFSC Code CNRB0005476 of Canara Bank for its branch located in Bhadrak, within the district of Dhusuri in the state of Odisha.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0005476
Branch Pala Sahi
City Bhadrak
District Dhusuri
State Odisha
Address Canara Bank Po Betali Gaon,Hara Parvati Market Complex,Via Dhusuri,Dist Bhadrak Pala Sahi Orissa 756119

These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Bhadrak for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0005476 for the Pala Sahi branch of Canara Bank plays 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 Pala Sahi, Bhadrak, Odisha, are given a unique IFSC like CNRB0005476 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 Dhusuri.
  • 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 Pala Sahi 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 CNRB0005476

The format of the IFSC Code for banks, including Canara Bank, has 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 Pala Sahi in Bhadrak.

For example, the IFSC Code CNRB0005476 of Canara Bank for the Pala Sahi branch includes these elements, identifying the bank and the branch location in Bhadrak and Odisha correctly.

How to Find IFSC Code for Canara Bank?

To find the IFSC Code CNRB0005476 of Canara Bank for its Pala Sahi branch located in Bhadrak, the following methods can help you out:

Cheque Book

The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Canara Bank branches in Bhadrak and Dhusuri, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Canara Bank and go to the branch locator section. Then search for Pala Sahi or Bhadrak to find the exact IFSC Code CNRB0005476.

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 maintains an updated database of all IFSC codes. Searching for Canara Bank and Bhadrak will provide accurate information.

How to Use IFSC Code CNRB0005476 for Online Transfers?

Once you have the IFSC Code CNRB0005476 for the Pala Sahi branch of Canara Bank in Bhadrak, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0005476. 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 CNRB0005476.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Pala Sahi in Bhadrak, your payment can get delayed or might not go through at all.

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 Pala Sahi, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Bhadrak manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Pala Sahi, Bhadrak?

The IFSC Code is CNRB0005476.

Is the IFSC Code CNRB0005476 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Canara Bank Pala Sahi?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Pala Sahi branch?

The address of the branch is Canara Bank Po Betali Gaon,Hara Parvati Market Complex,Via Dhusuri,Dist Bhadrak Pala Sahi Orissa 756119 located in Bhadrak, Dhusuri, 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.