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 Bhopal Bairagarh Ii branch in Bhopal, Bhopal, Madhya Pradesh, 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 Bhopal or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CNRB0017703. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Bhopal Bairagarh Ii, Bhopal
Here are the main details that are associated with the IFSC Code CNRB0017703 of Canara Bank for its branch located in Bhopal, within the district of Bhopal in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0017703 |
| Branch | Bhopal Bairagarh Ii |
| City | Bhopal |
| District | Bhopal |
| State | Madhya Pradesh |
| Address | Plot No 57 Opp Sant Hirdaram Ji Kutia Near Hardeo Hospital Main Rd Bairagarh Mp 462 030 |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Bhopal for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0017703 for the Bhopal Bairagarh Ii branch of Canara Bank is vital.
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 Bhopal Bairagarh Ii, Bhopal, Madhya Pradesh, is provided with a unique IFSC like CNRB0017703 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Bhopal.
- 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 Bhopal and Bhopal.
- 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 Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Bhopal Bairagarh Ii do not get mixed with another location.
Format of the IFSC Code CNRB0017703
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): 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 Bhopal Bairagarh Ii in Bhopal.
For example, the IFSC Code CNRB0017703 of Canara Bank for the Bhopal Bairagarh Ii branch includes these elements, identifying the bank and the branch location in Bhopal and Madhya Pradesh accurately.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0017703 of Canara Bank for its Bhopal Bairagarh Ii branch located in Bhopal, 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 Bhopal and Bhopal, 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 Bhopal Bairagarh Ii or Bhopal to find the exact IFSC Code CNRB0017703.
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 Bhopal will provide accurate information.
How to Use IFSC Code CNRB0017703 for Online Transfers?
If you have the IFSC Code CNRB0017703 for the Bhopal Bairagarh Ii branch of Canara Bank in Bhopal, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0017703. 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 CNRB0017703.
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 Bhopal Bairagarh Ii in Bhopal, it may 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 Bhopal Bairagarh Ii, 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 Bhopal manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0017703.
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 Plot No 57 Opp Sant Hirdaram Ji Kutia Near Hardeo Hospital Main Rd Bairagarh Mp 462 030 located in Bhopal, Bhopal, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.