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 Nalcha branch in Dhar, Nalcha, Madhya Pradesh, 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 Dhar or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CNRB0017761. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Nalcha, Dhar
Here are the main details that are associated with the IFSC Code CNRB0017761 of Canara Bank for its branch located in Dhar, within the district of Nalcha in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0017761 |
| Branch | Nalcha |
| City | Dhar |
| District | Nalcha |
| State | Madhya Pradesh |
| Address | Nalchaopp Police Thanenalchadist Dharstate Madhya Pradeshpin 454 010 |
These details helps users in online banking and for businesses and individuals who use Canara Bank in Dhar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0017761 for the Nalcha branch of Canara Bank plays a vital 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 Nalcha, Dhar, Madhya Pradesh, are allotted a unique IFSC like CNRB0017761 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dhar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Dhar and Nalcha.
- 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 Nalcha reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code CNRB0017761
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 Nalcha in Dhar.
For example, the IFSC Code CNRB0017761 of Canara Bank for the Nalcha branch includes these elements, identifying the bank and the branch location in Dhar and Madhya Pradesh correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0017761 of Canara Bank for its Nalcha branch located in Dhar, 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 Dhar and Nalcha, 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 Nalcha or Dhar to get the exact IFSC Code CNRB0017761.
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 Dhar, you'll get the correct details.
How to Use IFSC Code CNRB0017761 for Online Transfers?
If you have the IFSC Code CNRB0017761 for the Nalcha branch of Canara Bank in Dhar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0017761. 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 CNRB0017761.
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 Nalcha in Dhar, 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 Nalcha, 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 Dhar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0017761.
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 Nalchaopp Police Thanenalchadist Dharstate Madhya Pradeshpin 454 010 located in Dhar, Nalcha, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
