There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Canara Bank for its Spld Mid Corporate Br Bathinda branch in Bhatinda, Bathinda, Punjab, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Canara Bank situated in Bhatinda or anywhere in Punjab can easily transfer funds instantly by using the correct IFSC Code CNRB0006995. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Spld Mid Corporate Br Bathinda, Bhatinda
Below in the table are the key details related to IFSC Code CNRB0006995 of Canara Bank for its branch located in Bhatinda, within the district of Bathinda in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0006995 |
| Branch | Spld Mid Corporate Br Bathinda |
| City | Bhatinda |
| District | Bathinda |
| State | Punjab |
| Address | Commercial Site Sco No 43 And 44 Civil Station Near Power House 100Feet Rd Bathinda Punjab 151001 |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Bhatinda for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0006995 for the Spld Mid Corporate Br Bathinda 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, including Canara Bank located in Spld Mid Corporate Br Bathinda, Bhatinda, Punjab, is provided with a unique IFSC like CNRB0006995 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Bhatinda.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Bhatinda and Bathinda.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Punjab and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Spld Mid Corporate Br Bathinda do not get mixed with another location.
Format of the IFSC Code CNRB0006995
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 Spld Mid Corporate Br Bathinda in Bhatinda.
For example, the IFSC Code CNRB0006995 of Canara Bank for the Spld Mid Corporate Br Bathinda branch has these elements, identifying the bank and the branch location in Bhatinda and Punjab correctly.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0006995 of Canara Bank for its Spld Mid Corporate Br Bathinda branch located in Bhatinda, 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 Bhatinda and Bathinda, 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 Spld Mid Corporate Br Bathinda or Bhatinda to find the exact IFSC Code CNRB0006995.
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 Bhatinda will provide accurate information.
How to Use IFSC Code CNRB0006995 for Online Transfers?
Once you have the IFSC Code CNRB0006995 for the Spld Mid Corporate Br Bathinda branch of Canara Bank in Bhatinda, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0006995. 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 CNRB0006995.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Spld Mid Corporate Br Bathinda in Bhatinda, your payment can get delayed or might not go through at all.
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 Spld Mid Corporate Br Bathinda, 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 Bhatinda manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Spld Mid Corporate Br Bathinda Bhatinda branch is CNRB0006995.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Commercial Site Sco No 43 And 44 Civil Station Near Power House 100Feet Rd Bathinda Punjab 151001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.