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 Micro Finance , Bhopal 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 CNRB0003372. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Micro Finance , Bhopal, Bhopal

Here are the key points that are associated with the IFSC Code CNRB0003372 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 CNRB0003372
Branch Micro Finance , Bhopal
City Bhopal
District Bhopal
State Madhya Pradesh
Address Canara Bank, H.No. 83-84, Kunjan Nagar, Phase-Ii, Hoshangabad Road, Bhopal - 462 026

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 CNRB0003372 for the Micro Finance , 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 that is provided by the Reserve Bank of India. A unique IFSC like CNRB0003372 is given to every bank branch, including Canara Bank located in Micro Finance , Bhopal, 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 Micro Finance , Bhopal doesn't end up at another location.

Format of the IFSC Code CNRB0003372

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 Micro Finance , Bhopal in Bhopal.

For example, the IFSC Code CNRB0003372 of Canara Bank for the Micro Finance , Bhopal branch has 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 trying to find the IFSC Code CNRB0003372 of Canara Bank for its Micro Finance , Bhopal branch located in Bhopal, 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

Most banks, including Canara Bank branches in Bhopal and Bhopal, print the IFSC and MICR codes 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 Micro Finance , Bhopal or Bhopal to get the exact IFSC Code CNRB0003372.

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 Bhopal, you'll get the correct details.

How to Use IFSC Code CNRB0003372 for Online Transfers?

Once you have the IFSC Code CNRB0003372 for the Micro Finance , Bhopal branch of Canara Bank in Bhopal, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0003372. Transfers are processed in batches. This is 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. Requires the recipient's account details and Canara Bank IFSC Code CNRB0003372.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Micro Finance , Bhopal in Bhopal may result in delayed or failed transactions.

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 Micro Finance , Bhopal, 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 Micro Finance , Bhopal, Bhopal?

The IFSC Code is CNRB0003372.

Is the IFSC Code CNRB0003372 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Micro Finance , Bhopal?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Micro Finance , Bhopal branch?

The address of the branch is Canara Bank, H.No. 83-84, Kunjan Nagar, Phase-Ii, Hoshangabad Road, Bhopal - 462 026 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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