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 Mallanwalla Khas branch in Ferozpur, Mallawana Khas, 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 CNRB0002113. 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, Mallanwalla Khas, Ferozpur
Here are the main details that are associated with the IFSC Code CNRB0002113 of Canara Bank for its branch located in Ferozpur, within the district of Mallawana Khas in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0002113 |
| Branch | Mallanwalla Khas |
| City | Ferozpur |
| District | Mallawana Khas |
| State | Punjab |
| Address | Mallanwala Khas,Dist Ferozepur (Punjab) - 152 021 |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Ferozpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0002113 for the Mallanwalla Khas 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 that is provided by the Reserve Bank of India. A unique IFSC like CNRB0002113 is given to every bank branch, including Canara Bank located in Mallanwalla Khas, Ferozpur, Punjab, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Ferozpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Ferozpur and Mallawana Khas.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Punjab and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Mallanwalla Khas doesn't end up at another location.
Format of the IFSC Code CNRB0002113
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 Mallanwalla Khas in Ferozpur.
For example, the IFSC Code CNRB0002113 of Canara Bank for the Mallanwalla Khas branch includes these elements, identifying the bank and the branch location in Ferozpur and Punjab correctly.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0002113 of Canara Bank for its Mallanwalla Khas 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 Mallawana Khas, 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 Mallanwalla Khas or Ferozpur to find the exact IFSC Code CNRB0002113.
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 CNRB0002113 for Online Transfers?
Once you have the IFSC Code CNRB0002113 for the Mallanwalla Khas branch of Canara Bank in Ferozpur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0002113. 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 CNRB0002113.
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 Mallanwalla Khas in Ferozpur, 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 Mallanwalla Khas, 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 Ferozpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0002113.
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 Mallanwala Khas,Dist Ferozepur (Punjab) - 152 021 located in Ferozpur, Mallawana Khas, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.