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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Canara Bank for its Khamgaon Ii branch in Buldhana, Khamgaon, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Canara Bank located in Buldhana or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CNRB0015170. 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, Khamgaon Ii, Buldhana
The table below shows the main details of the IFSC Code CNRB0015170 for the Canara Bank branch in Buldhana, which falls under the Khamgaon district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0015170 |
| Branch | Khamgaon Ii |
| City | Buldhana |
| District | Khamgaon |
| State | Maharashtra |
| Address | Gaurav Anand Arcade Ward No 2 Nandura Road Khamgaon Dist Buldana Maharashtra |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Buldhana for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0015170 for the Khamgaon Ii 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 CNRB0015170 is given to every bank branch, including Canara Bank located in Khamgaon Ii, Buldhana, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Buldhana.
- 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 Buldhana and Khamgaon.
- 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Khamgaon Ii doesn't end up at another location.
Format of the IFSC Code CNRB0015170
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 Khamgaon Ii in Buldhana.
For example, the IFSC Code CNRB0015170 of Canara Bank for the Khamgaon Ii branch includes these elements, identifying the bank and the branch location in Buldhana and Maharashtra correctly.
How to Find IFSC Code for Canara Bank?
If you are looking for the IFSC Code CNRB0015170 of Canara Bank for its Khamgaon Ii branch located in Buldhana, 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 Buldhana and Khamgaon, 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 Khamgaon Ii or Buldhana to get the exact IFSC Code CNRB0015170.
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 Buldhana, then it will provide you proper information.
How to Use IFSC Code CNRB0015170 for Online Transfers?
Once you have the IFSC Code CNRB0015170 for the Khamgaon Ii branch of Canara Bank in Buldhana, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0015170. 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 CNRB0015170.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Khamgaon Ii in Buldhana, 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 Khamgaon Ii, 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 Buldhana to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0015170.
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 Gaurav Anand Arcade Ward No 2 Nandura Road Khamgaon Dist Buldana Maharashtra located in Buldhana, Khamgaon, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.