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 Sukarpada branch in Cuttack, Sukarpada, 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 CNRB0018024. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Sukarpada, Cuttack

Here are some of the key details that come with the IFSC Code CNRB0018024 of Canara Bank for its branch located in Cuttack, within the district of Sukarpada in the state of Odisha.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0018024
Branch Sukarpada
City Cuttack
District Sukarpada
State Odisha
Address Vill And Post Sukarpada Dist Cuttack Pin 754283

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Cuttack for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0018024 for the Sukarpada branch of Canara Bank is vital.

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 CNRB0018024 is given to every bank branch, including Canara Bank located in Sukarpada, Cuttack, Odisha, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Cuttack.
  • 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 Cuttack and Sukarpada.
  • 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 Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Sukarpada doesn't end up at another location.

Format of the IFSC Code CNRB0018024

The format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Canara Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sukarpada in Cuttack.

For example, the IFSC Code CNRB0018024 of Canara Bank for the Sukarpada 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 CNRB0018024 of Canara Bank for its Sukarpada branch located in Cuttack, the following methods can help:

Cheque Book

The cheque books that are issued by Canara Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Canara Bank branches in Cuttack and Sukarpada, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Canara Bank and find the branch locator section. Search for Sukarpada or Cuttack to get the exact IFSC Code CNRB0018024.

Mobile Banking App

If you use Canara Bank's mobile app, you can easily 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 to help you in searching for Canara Bank and Cuttack that will provide accurate information.

How to Use IFSC Code CNRB0018024 for Online Transfers?

Once you have the IFSC Code CNRB0018024 for the Sukarpada branch of Canara Bank in Cuttack, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0018024. 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 CNRB0018024.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Sukarpada in Cuttack, your payment can get delayed or might not go through at all.

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 Sukarpada, 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 Cuttack manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

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

The IFSC Code is CNRB0018024.

Is the IFSC Code CNRB0018024 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 Sukarpada?

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 Sukarpada branch?

The address of the branch is Vill And Post Sukarpada Dist Cuttack Pin 754283 located in Cuttack, Sukarpada, 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.