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 Hassanpur (Faidabad Dist.) branch in Faridabad, Hassanpur, 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 CNRB0002042. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Hassanpur (Faidabad Dist.), Faridabad

Here are the key points that are associated with the IFSC Code CNRB0002042 of Canara Bank for its branch located in Faridabad, within the district of Hassanpur in the state of Haryana.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0002042
Branch Hassanpur (Faidabad Dist.)
City Faridabad
District Hassanpur
State Haryana
Address V.P.O Hassanpur, Dist Faridabad (Haryana) - 121 007

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 CNRB0002042 for the Hassanpur (Faidabad Dist.) 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 Hassanpur (Faidabad Dist.), Faridabad, Haryana, is provided with a unique IFSC like CNRB0002042 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 Hassanpur.
  • 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 Hassanpur (Faidabad Dist.) do not get mixed with another location.

Format of the IFSC Code CNRB0002042

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Canara Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Hassanpur (Faidabad Dist.) in Faridabad.

For example, the IFSC Code CNRB0002042 of Canara Bank for the Hassanpur (Faidabad Dist.) branch includes these elements, identifying the bank and the branch location in Faridabad and Haryana accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0002042 of Canara Bank for its Hassanpur (Faidabad Dist.) branch located in Faridabad, 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 Faridabad and Hassanpur, 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 Hassanpur (Faidabad Dist.) or Faridabad to get the exact IFSC Code CNRB0002042.

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 Faridabad that will provide accurate information.

How to Use IFSC Code CNRB0002042 for Online Transfers?

Once you have the IFSC Code CNRB0002042 for the Hassanpur (Faidabad Dist.) branch of Canara Bank in Faridabad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0002042. 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 CNRB0002042.

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

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Canara Bank in Hassanpur (Faidabad Dist.), here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Faridabad manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank Hassanpur (Faidabad Dist.) Faridabad?

The IFSC Code of the Hassanpur (Faidabad Dist.) Faridabad branch is CNRB0002042.

Is IFSC Code CNRB0002042 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Canara Bank Hassanpur (Faidabad Dist.) branch?

The branch is located at V.P.O Hassanpur, Dist Faridabad (Haryana) - 121 007.

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.