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 Gorakhpur Maya Bazar branch in Gorakhpur, Gorakhpur, 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 Gorakhpur or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code CNRB0019864. 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, Gorakhpur Maya Bazar, Gorakhpur
The table below shows the main details of the IFSC Code CNRB0019864 for the Canara Bank branch in Gorakhpur, which falls under the Gorakhpur district in Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0019864 |
| Branch | Gorakhpur Maya Bazar |
| City | Gorakhpur |
| District | Gorakhpur |
| State | Uttar Pradesh |
| Address | Canara Bank Shop No Ff 1 4 And F12 15 1St Floor Maya Complex Urdu Bazar Maya Bazar Gorakhpur Uttar Pradesh India 273001 |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Gorakhpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0019864 for the Gorakhpur Maya Bazar 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 Gorakhpur Maya Bazar, Gorakhpur, Uttar Pradesh, are given a unique IFSC like CNRB0019864 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Gorakhpur.
- 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 Gorakhpur and Gorakhpur.
- 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 Gorakhpur Maya Bazar goes to the correct branch. This is important because Canara Bank has thousands of branches in Uttar Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code CNRB0019864
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 Gorakhpur Maya Bazar in Gorakhpur.
For example, the IFSC Code CNRB0019864 of Canara Bank for the Gorakhpur Maya Bazar branch includes these elements, identifying the bank and the branch location in Gorakhpur and Uttar Pradesh accurately.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0019864 of Canara Bank for its Gorakhpur Maya Bazar branch located in Gorakhpur, the following methods can help:
Cheque Book
The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Canara Bank branches in Gorakhpur and Gorakhpur, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Canara Bank and navigate to the branch locator section. Search for Gorakhpur Maya Bazar or Gorakhpur to get the exact IFSC Code CNRB0019864.
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 keeps an updated list of all IFSC codes. If you search for Canara Bank and Gorakhpur, you'll get the correct details.
How to Use IFSC Code CNRB0019864 for Online Transfers?
Once you have the IFSC Code CNRB0019864 for the Gorakhpur Maya Bazar branch of Canara Bank in Gorakhpur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0019864. 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 CNRB0019864.
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 Gorakhpur Maya Bazar in Gorakhpur, 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 Gorakhpur Maya Bazar, 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 Gorakhpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0019864.
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 Canara Bank Shop No Ff 1 4 And F12 15 1St Floor Maya Complex Urdu Bazar Maya Bazar Gorakhpur Uttar Pradesh India 273001 located in Gorakhpur, Gorakhpur, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.