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 Goraganamudi branch in Goraganamudi, Goraganamudi, Andhra Pradesh, 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 Goraganamudi or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code CNRB0013818. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Goraganamudi, Goraganamudi

Here are some of the key details that come with the IFSC Code CNRB0013818 of Canara Bank for its branch located in Goraganamudi, within the district of Goraganamudi in the state of Andhra Pradesh.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0013818
Branch Goraganamudi
City Goraganamudi
District Goraganamudi
State Andhra Pradesh
Address 3123Enggcollegeroadgoraganamudiap534244

These details helps users in online banking and for businesses and individuals who use Canara Bank in Goraganamudi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0013818 for the Goraganamudi branch of Canara Bank plays a vital role.

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 CNRB0013818 is given to every bank branch, including Canara Bank located in Goraganamudi, Goraganamudi, Andhra Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Goraganamudi.
  • 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 Goraganamudi and Goraganamudi.
  • 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 Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Goraganamudi doesn't end up at another location.

Format of the IFSC Code CNRB0013818

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 Goraganamudi in Goraganamudi.

For example, the IFSC Code CNRB0013818 of Canara Bank for the Goraganamudi branch includes these elements, identifying the bank and the branch location in Goraganamudi and Andhra Pradesh correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0013818 of Canara Bank for its Goraganamudi branch located in Goraganamudi, 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 Goraganamudi and Goraganamudi, 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 Goraganamudi or Goraganamudi to get the exact IFSC Code CNRB0013818.

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 Goraganamudi that will provide accurate information.

How to Use IFSC Code CNRB0013818 for Online Transfers?

Once you have the IFSC Code CNRB0013818 for the Goraganamudi branch of Canara Bank in Goraganamudi, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0013818. Transfers are processed in batches. This is 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. Requires the recipient's account details and Canara Bank IFSC Code CNRB0013818.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Goraganamudi in Goraganamudi 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 Goraganamudi, 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 Goraganamudi to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Goraganamudi, Goraganamudi?

The IFSC Code is CNRB0013818.

Is the IFSC Code CNRB0013818 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Goraganamudi?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Goraganamudi branch?

The address of the branch is 3123Enggcollegeroadgoraganamudiap534244 located in Goraganamudi, Goraganamudi, Andhra Pradesh.

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.