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 Banki branch in Cuttack, Banki, Odisha, 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 Cuttack or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CNRB0004128. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Banki, Cuttack

Here are some of the key details that come with the IFSC Code CNRB0004128 of Canara Bank for its branch located in Cuttack, within the district of Banki in the state of Odisha.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0004128
Branch Banki
City Cuttack
District Banki
State Odisha
Address Banki College Campus At/Po- Banki Dist- Cuttack Pin 754008

These details help users in online banking and for businesses and individuals who use Canara Bank in Cuttack for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0004128 for the Banki branch of Canara Bank has a very 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 Banki, Cuttack, Odisha, is provided a unique IFSC like CNRB0004128 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Canara Bank branch in Cuttack.
  • 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 Cuttack and Banki.
  • 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 Odisha and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Banki do not get misguided to another person.

Format of the IFSC Code CNRB0004128

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 Banki in Cuttack.

For example, the IFSC Code CNRB0004128 of Canara Bank for the Banki branch includes these elements, identifying the bank and the branch location in Cuttack and Odisha accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0004128 of Canara Bank for its Banki branch located in Cuttack, 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 Cuttack and Banki, 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 Banki or Cuttack to get the exact IFSC Code CNRB0004128.

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 Cuttack, you'll get the correct details.

How to Use IFSC Code CNRB0004128 for Online Transfers?

If you have the IFSC Code CNRB0004128 for the Banki branch of Canara Bank in Cuttack, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0004128. Transfers are processed in batches. 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. Asks for the recipient's account details and Canara Bank IFSC Code CNRB0004128.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Canara Bank Banki in Cuttack, it may 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 Banki, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Cuttack manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Banki, Cuttack?

The IFSC Code is CNRB0004128.

Is the IFSC Code CNRB0004128 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Banki?

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

What is the full address of the Banki branch?

The address of the branch is Banki College Campus At/Po- Banki Dist- Cuttack Pin 754008 located in Cuttack, Banki, Odisha.

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.