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IFSC Code of Canara Bank, Bhopal Hoshangabad Road, Bhopal, Madhya Pradesh — CNRB0017706

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 Hoshangabad Road 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 CNRB0017706. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Bhopal Hoshangabad Road, Bhopal

Here are some of the key details that come with the IFSC Code CNRB0017706 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 CNRB0017706
Branch Bhopal Hoshangabad Road
City Bhopal
District Bhopal
State Madhya Pradesh
Address Shikarvarta Complex Hoshangabad Road Bhopal Bhopal 462 011

These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Bhopal for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0017706 for the Bhopal Hoshangabad Road 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 that is provided by the Reserve Bank of India. A unique IFSC like CNRB0017706 is given to every bank branch, including Canara Bank located in Bhopal Hoshangabad Road, Bhopal, Madhya Pradesh, to make sure that online payments reach the right place.

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 kind of confusion between multiple branches of the same bank across different places like Bhopal and Bhopal.
  • 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 Madhya Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Bhopal Hoshangabad Road doesn't end up at another location.

Format of the IFSC Code CNRB0017706

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 Bhopal Hoshangabad Road in Bhopal.

For example, the IFSC Code CNRB0017706 of Canara Bank for the Bhopal Hoshangabad Road branch includes these elements, identifying the bank and the branch location in Bhopal and Madhya Pradesh correctly.

How to Find IFSC Code for Canara Bank?

If you are looking for the IFSC Code CNRB0017706 of Canara Bank for its Bhopal Hoshangabad Road branch located in Bhopal, the following methods can help:

Cheque Book

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

Passbook

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

Bank Website

You can visit the official website of Canara Bank and look for the branch locator section, then search for Bhopal Hoshangabad Road or Bhopal to get the exact IFSC Code CNRB0017706.

Mobile Banking App

If you use Canara Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Canara Bank and Bhopal, then it will provide you proper information.

How to Use IFSC Code CNRB0017706 for Online Transfers?

Once you have the IFSC Code CNRB0017706 for the Bhopal Hoshangabad Road branch of Canara Bank in Bhopal, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0017706. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 CNRB0017706.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Bhopal Hoshangabad Road in Bhopal, 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 Bhopal Hoshangabad Road, 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 Bhopal manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Bhopal Hoshangabad Road, Bhopal?

The IFSC Code is CNRB0017706.

Is the IFSC Code CNRB0017706 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 Bhopal Hoshangabad Road?

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 Bhopal Hoshangabad Road branch?

The address of the branch is Shikarvarta Complex Hoshangabad Road Bhopal Bhopal 462 011 located in Bhopal, Bhopal, Madhya Pradesh.

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.

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