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 Gillpatti branch in Chandigarh, Gillpatti, Punjab, 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 Chandigarh or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code CNRB0018107. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Gillpatti, Chandigarh
Here are the key points that are associated with the IFSC Code CNRB0018107 of Canara Bank for its branch located in Chandigarh, within the district of Gillpatti in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0018107 |
| Branch | Gillpatti |
| City | Chandigarh |
| District | Gillpatti |
| State | Punjab |
| Address | Vpo Gillpatti Goniana Road Tehsil Goniana Dist Bathinda Gillpatti Punjab 151201 India |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Chandigarh for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018107 for the Gillpatti 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 provided by the Reserve Bank of India. Every bank branch, along with Canara Bank located in Gillpatti, Chandigarh, Punjab, are allotted a unique IFSC like CNRB0018107 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Chandigarh.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Chandigarh and Gillpatti.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Canara Bank in Gillpatti reaches the right place, even though there are thousands of branches in Punjab and across India.
Format of the IFSC Code CNRB0018107
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 Gillpatti in Chandigarh.
For example, the IFSC Code CNRB0018107 of Canara Bank for the Gillpatti branch has these elements, identifying the bank and the branch location in Chandigarh and Punjab correctly.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0018107 of Canara Bank for its Gillpatti branch located in Chandigarh, the following methods can help you out:
Cheque Book
The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Canara Bank branches in Chandigarh and Gillpatti, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Canara Bank and go to the branch locator section. Then search for Gillpatti or Chandigarh to find the exact IFSC Code CNRB0018107.
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 maintains an updated database of all IFSC codes. Searching for Canara Bank and Chandigarh will provide accurate information.
How to Use IFSC Code CNRB0018107 for Online Transfers?
Once you have the IFSC Code CNRB0018107 for the Gillpatti branch of Canara Bank in Chandigarh, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0018107. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Canara Bank IFSC Code CNRB0018107.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Canara Bank Gillpatti in Chandigarh, it can result in delayed or failed transactions.
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 Gillpatti, 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 Chandigarh to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0018107.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Vpo Gillpatti Goniana Road Tehsil Goniana Dist Bathinda Gillpatti Punjab 151201 India located in Chandigarh, Gillpatti, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.