Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Canara Bank for its Abohar Ii branch in Ferozpur, Fazilka, Punjab, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Canara Bank located in Ferozpur or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code CNRB0018127. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Abohar Ii, Ferozpur
Here are the main details that are associated with the IFSC Code CNRB0018127 of Canara Bank for its branch located in Ferozpur, within the district of Fazilka in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0018127 |
| Branch | Abohar Ii |
| City | Ferozpur |
| District | Fazilka |
| State | Punjab |
| Address | Sco 24 25 Lajpat Rai Market Main Circular Road Ward No 26 Abohar Distt Fazilka Punjab India 152116 |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Ferozpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018127 for the Abohar Ii 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, along with Canara Bank located in Abohar Ii, Ferozpur, Punjab, are given a unique IFSC like CNRB0018127 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Ferozpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Ferozpur and Fazilka.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Canara Bank in Abohar Ii goes to the correct branch. This is important because Canara Bank has thousands of branches in Punjab and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code CNRB0018127
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 Abohar Ii in Ferozpur.
For example, the IFSC Code CNRB0018127 of Canara Bank for the Abohar Ii branch includes these elements, identifying the bank and the branch location in Ferozpur and Punjab accurately.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0018127 of Canara Bank for its Abohar Ii branch located in Ferozpur, 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 Ferozpur and Fazilka, 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 Abohar Ii or Ferozpur to find the exact IFSC Code CNRB0018127.
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 Ferozpur will provide accurate information.
How to Use IFSC Code CNRB0018127 for Online Transfers?
Once you have the IFSC Code CNRB0018127 for the Abohar Ii branch of Canara Bank in Ferozpur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0018127. 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 CNRB0018127.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Abohar Ii in Ferozpur, 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 Abohar Ii, 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 Ferozpur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0018127.
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 Sco 24 25 Lajpat Rai Market Main Circular Road Ward No 26 Abohar Distt Fazilka Punjab India 152116 located in Ferozpur, Fazilka, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.