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 Piyala branch in Faridabad, Piyala, Haryana, 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 Faridabad or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code CNRB0018297. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Piyala, Faridabad
Here are some of the key details that come with the IFSC Code CNRB0018297 of Canara Bank for its branch located in Faridabad, within the district of Piyala in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0018297 |
| Branch | Piyala |
| City | Faridabad |
| District | Piyala |
| State | Haryana |
| Address | House No Piyala Chowk Po Asaoti Ballabgarh Tehsil Faridabad Dist Piyala 121102 |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Faridabad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018297 for the Piyala branch of Canara Bank plays an important 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, including Canara Bank located in Piyala, Faridabad, Haryana, is provided with a unique IFSC like CNRB0018297 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 Piyala.
- 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 Piyala do not get mixed with another location.
Format of the IFSC Code CNRB0018297
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 Piyala in Faridabad.
For example, the IFSC Code CNRB0018297 of Canara Bank for the Piyala 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 looking for the IFSC Code CNRB0018297 of Canara Bank for its Piyala branch located in Faridabad, the following methods can help:
Cheque Book
The cheque book that is issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Canara Bank branches in Faridabad and Piyala, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Canara Bank and look for the branch locator section, then search for Piyala or Faridabad to get the exact IFSC Code CNRB0018297.
Mobile Banking App
If you use Canara Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Canara Bank and Faridabad, then it will provide you proper information.
How to Use IFSC Code CNRB0018297 for Online Transfers?
Once you have the IFSC Code CNRB0018297 for the Piyala 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 CNRB0018297. The transfer is completed in batches instead of instantly. It is useful for both 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 CNRB0018297.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Piyala 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 Piyala, 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)
The IFSC Code of the Piyala Faridabad branch is CNRB0018297.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at House No Piyala Chowk Po Asaoti Ballabgarh Tehsil Faridabad Dist Piyala 121102.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.