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 Msme Sulabh Bhopal I branch in Bhopal, Bhopal, Madhya Pradesh, 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 Bhopal or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code CNRB0007095. 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, Msme Sulabh Bhopal I, Bhopal
Here are the key points that are associated with the IFSC Code CNRB0007095 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 | CNRB0007095 |
| Branch | Msme Sulabh Bhopal I |
| City | Bhopal |
| District | Bhopal |
| State | Madhya Pradesh |
| Address | H No 120 Ashoka Garden 80 Feet Road Sikandri Saraichandbad Bhopal Madhya Pradesh 462010 |
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 CNRB0007095 for the Msme Sulabh Bhopal I branch of Canara Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Msme Sulabh Bhopal I, Bhopal, Madhya Pradesh, is provided a unique IFSC like CNRB0007095 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Canara Bank branch in Bhopal.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Bhopal and Bhopal.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Msme Sulabh Bhopal I do not get misguided to another person.
Format of the IFSC Code CNRB0007095
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 Msme Sulabh Bhopal I in Bhopal.
For example, the IFSC Code CNRB0007095 of Canara Bank for the Msme Sulabh Bhopal I 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 CNRB0007095 of Canara Bank for its Msme Sulabh Bhopal I 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
You can easily find the IFSC and MICR codes because most banks, including Canara Bank branches in Bhopal and Bhopal, print them 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 Msme Sulabh Bhopal I or Bhopal to get the exact IFSC Code CNRB0007095.
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 CNRB0007095 for Online Transfers?
Once you have the IFSC Code CNRB0007095 for the Msme Sulabh Bhopal I 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 CNRB0007095. 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 CNRB0007095.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Msme Sulabh Bhopal I 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 Msme Sulabh Bhopal I, 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 Msme Sulabh Bhopal I Bhopal branch is CNRB0007095.
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 No 120 Ashoka Garden 80 Feet Road Sikandri Saraichandbad Bhopal Madhya Pradesh 462010.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.