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 Bhatapara branch in Bhatapara, Basna, Chhattisgarh, 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 Bhatapara or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code CNRB0005143. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Bhatapara, Bhatapara

Here are some of the key details that come with the IFSC Code CNRB0005143 of Canara Bank for its branch located in Bhatapara, within the district of Basna in the state of Chhattisgarh.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0005143
Branch Bhatapara
City Bhatapara
District Basna
State Chhattisgarh
Address Canara Bank , Mahabir Ward,Old Bus Stand,Bhatapara-493118,Chhattisgarh

These details helps users in online banking and for businesses and individuals who use Canara Bank in Bhatapara for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0005143 for the Bhatapara 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 CNRB0005143 is given to every bank branch, including Canara Bank located in Bhatapara, Bhatapara, Chhattisgarh, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Bhatapara.
  • 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 Bhatapara and Basna.
  • 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 Chhattisgarh and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Bhatapara doesn't end up at another location.

Format of the IFSC Code CNRB0005143

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 Bhatapara in Bhatapara.

For example, the IFSC Code CNRB0005143 of Canara Bank for the Bhatapara branch includes these elements, identifying the bank and the branch location in Bhatapara and Chhattisgarh accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0005143 of Canara Bank for its Bhatapara branch located in Bhatapara, 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 Bhatapara and Basna, 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 Bhatapara or Bhatapara to get the exact IFSC Code CNRB0005143.

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 Bhatapara, you'll get the correct details.

How to Use IFSC Code CNRB0005143 for Online Transfers?

Once you have the IFSC Code CNRB0005143 for the Bhatapara branch of Canara Bank in Bhatapara, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0005143. 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 CNRB0005143.

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 Bhatapara in Bhatapara, 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 Bhatapara, 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 Bhatapara manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Bhatapara, Bhatapara?

The IFSC Code is CNRB0005143.

Is the IFSC Code CNRB0005143 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 Bhatapara?

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 Bhatapara branch?

The address of the branch is Canara Bank , Mahabir Ward,Old Bus Stand,Bhatapara-493118,Chhattisgarh located in Bhatapara, Basna, Chhattisgarh.

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.