For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Canara Bank for its Silvassa branch in Dadra&Nagar Haveli, Silvasa, Dadra And Nagar Haveli, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Canara Bank located in Dadra&Nagar Haveli or anywhere in Dadra And Nagar Haveli can transfer funds instantly by using the correct IFSC Code CNRB0002565. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Silvassa, Dadra&Nagar Haveli

Here are the key points that are associated with the IFSC Code CNRB0002565 of Canara Bank for its branch located in Dadra&Nagar Haveli, within the district of Silvasa in the state of Dadra And Nagar Haveli.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0002565
Branch Silvassa
City Dadra&Nagar Haveli
District Silvasa
State Dadra And Nagar Haveli
Address Prathmesh Apartments,, Tirupati Nagar,Tokar Khada, Silvassa 396230

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Dadra&Nagar Haveli for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0002565 for the Silvassa 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 provided by the Reserve Bank of India. Every bank branch, along with Canara Bank located in Silvassa, Dadra&Nagar Haveli, Dadra And Nagar Haveli, are allotted a unique IFSC like CNRB0002565 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Dadra&Nagar Haveli.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Dadra&Nagar Haveli and Silvasa.
  • 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 Silvassa reaches the right place, even though there are thousands of branches in Dadra And Nagar Haveli and across India.

Format of the IFSC Code CNRB0002565

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 Silvassa in Dadra&Nagar Haveli.

For example, the IFSC Code CNRB0002565 of Canara Bank for the Silvassa branch includes these elements, identifying the bank and the branch location in Dadra&Nagar Haveli and Dadra And Nagar Haveli accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0002565 of Canara Bank for its Silvassa branch located in Dadra&Nagar Haveli, 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 Dadra&Nagar Haveli and Silvasa, 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 Silvassa or Dadra&Nagar Haveli to get the exact IFSC Code CNRB0002565.

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 Dadra&Nagar Haveli, you'll get the correct details.

How to Use IFSC Code CNRB0002565 for Online Transfers?

Once you have the IFSC Code CNRB0002565 for the Silvassa branch of Canara Bank in Dadra&Nagar Haveli, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0002565. Transfers are processed in batches. This is 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. Requires the recipient's account details and Canara Bank IFSC Code CNRB0002565.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Silvassa in Dadra&Nagar Haveli 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 Silvassa, 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 Dadra&Nagar Haveli to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Silvassa, Dadra&Nagar Haveli?

The IFSC Code is CNRB0002565.

Is the IFSC Code CNRB0002565 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

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

What is the full address of the Silvassa branch?

The address of the branch is Prathmesh Apartments,, Tirupati Nagar,Tokar Khada, Silvassa 396230 located in Dadra&Nagar Haveli, Silvasa, Dadra And Nagar Haveli.

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.

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