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 Basti Ii branch in Gandhi Nagar, Basti, Uttar Pradesh, 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 Gandhi Nagar or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code CNRB0018637. 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, Basti Ii, Gandhi Nagar
Here are the main details that are associated with the IFSC Code CNRB0018637 of Canara Bank for its branch located in Gandhi Nagar, within the district of Basti in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0018637 |
| Branch | Basti Ii |
| City | Gandhi Nagar |
| District | Basti |
| State | Uttar Pradesh |
| Address | Mohalla Pikaura Shiv Gulam Near Kanteswar Park Gandhi Nagar Basti Uttar Pradesh 272 001 |
These details help users in online banking and for businesses and individuals who use Canara Bank in Gandhi Nagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018637 for the Basti Ii branch of Canara Bank has a very 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 Basti Ii, Gandhi Nagar, Uttar Pradesh, is provided with a unique IFSC like CNRB0018637 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Gandhi Nagar.
- 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 Gandhi Nagar and Basti.
- 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 Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Basti Ii do not get mixed with another location.
Format of the IFSC Code CNRB0018637
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 Basti Ii in Gandhi Nagar.
For example, the IFSC Code CNRB0018637 of Canara Bank for the Basti Ii branch includes these elements, identifying the bank and the branch location in Gandhi Nagar and Uttar Pradesh accurately.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0018637 of Canara Bank for its Basti Ii branch located in Gandhi Nagar, 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 Gandhi Nagar and Basti, 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 Basti Ii or Gandhi Nagar to find the exact IFSC Code CNRB0018637.
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 Gandhi Nagar will provide accurate information.
How to Use IFSC Code CNRB0018637 for Online Transfers?
If you have the IFSC Code CNRB0018637 for the Basti Ii branch of Canara Bank in Gandhi Nagar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0018637. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Canara Bank IFSC Code CNRB0018637.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Canara Bank Basti Ii in Gandhi Nagar, it may 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 Basti Ii, 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 Gandhi Nagar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0018637.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Mohalla Pikaura Shiv Gulam Near Kanteswar Park Gandhi Nagar Basti Uttar Pradesh 272 001 located in Gandhi Nagar, Basti, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.