Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Canara Bank for its Kunjan Nagar, Bhopal branch in Bhopal, Bhopal, or Madhya Pradesh, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Canara Bank located in Bhopal or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CNRB0004772. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Kunjan Nagar, Bhopal, Bhopal
Here are the key points that are associated with the IFSC Code CNRB0004772 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 | CNRB0004772 |
| Branch | Kunjan Nagar, Bhopal |
| City | Bhopal |
| District | Bhopal |
| State | Madhya Pradesh |
| Address | H N 83-84,Kunjan Nagar Phase-Ii Hoshangabad Road Bhopal-462026 |
These details helps users in online banking and for businesses and individuals who use Canara Bank in Bhopal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0004772 for the Kunjan Nagar, Bhopal 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 provided by the Reserve Bank of India. Every bank branch, along with Canara Bank located in Kunjan Nagar, Bhopal, Bhopal, Madhya Pradesh, are given a unique IFSC like CNRB0004772 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bhopal.
- 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 Bhopal and Bhopal.
- 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 Kunjan Nagar, Bhopal goes to the correct branch. This is important because Canara Bank has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code CNRB0004772
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 Kunjan Nagar, Bhopal in Bhopal.
For example, the IFSC Code CNRB0004772 of Canara Bank for the Kunjan Nagar, Bhopal 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?
If you are looking for the IFSC Code CNRB0004772 of Canara Bank for its Kunjan Nagar, Bhopal 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 Kunjan Nagar, Bhopal or Bhopal to get the exact IFSC Code CNRB0004772.
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 CNRB0004772 for Online Transfers?
Once you have the IFSC Code CNRB0004772 for the Kunjan Nagar, Bhopal 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 CNRB0004772. 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 CNRB0004772.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Kunjan Nagar, Bhopal in Bhopal, 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 Kunjan Nagar, Bhopal, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Bhopal to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kunjan Nagar, Bhopal Bhopal branch is CNRB0004772.
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 H N 83-84,Kunjan Nagar Phase-Ii Hoshangabad Road Bhopal-462026.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.