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 Faridabad Mcb branch in Faridabad, Faridabad, Haryana, 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 Faridabad or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code CNRB0005059. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Faridabad Mcb, Faridabad
Here are some of the key details that come with the IFSC Code CNRB0005059 of Canara Bank for its branch located in Faridabad, within the district of Faridabad in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0005059 |
| Branch | Faridabad Mcb |
| City | Faridabad |
| District | Faridabad |
| State | Haryana |
| Address | Pbno 12 8-A, Nehru Ground New Industrial Town Faridabad Harayana 121 001 |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Faridabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0005059 for the Faridabad Mcb 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, including Canara Bank located in Faridabad Mcb, Faridabad, Haryana, is provided with a unique IFSC like CNRB0005059 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Faridabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Faridabad and Faridabad.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Haryana and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Faridabad Mcb do not get mixed with another location.
Format of the IFSC Code CNRB0005059
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 Faridabad Mcb in Faridabad.
For example, the IFSC Code CNRB0005059 of Canara Bank for the Faridabad Mcb branch includes these elements, identifying the bank and the branch location in Faridabad and Haryana correctly.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0005059 of Canara Bank for its Faridabad Mcb branch located in Faridabad, 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 Faridabad and Faridabad, 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 Faridabad Mcb or Faridabad to find the exact IFSC Code CNRB0005059.
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 Faridabad will provide accurate information.
How to Use IFSC Code CNRB0005059 for Online Transfers?
Once you have the IFSC Code CNRB0005059 for the Faridabad Mcb branch of Canara Bank in Faridabad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0005059. 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 CNRB0005059.
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 Faridabad Mcb in Faridabad, 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 Faridabad Mcb, 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 Faridabad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0005059.
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 Pbno 12 8-A, Nehru Ground New Industrial Town Faridabad Harayana 121 001 located in Faridabad, Faridabad, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.