The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Canara Bank for its Mahavirnagar,Mumbai branch in Greater Bombay, Mumbai, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Canara Bank located in Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CNRB0002899. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Mahavirnagar,Mumbai, Greater Bombay
Here are the main details that are associated with the IFSC Code CNRB0002899 of Canara Bank for its branch located in Greater Bombay, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0002899 |
| Branch | Mahavirnagar,Mumbai |
| City | Greater Bombay |
| District | Mumbai |
| State | Maharashtra |
| Address | Panchsheel Arcade,90Ft Road,Mahavirmagr, Kandivili West, Mumbai - 400067 |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Greater Bombay for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0002899 for the Mahavirnagar,Mumbai 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 provided by the Reserve Bank of India. Every bank branch, along with Canara Bank located in Mahavirnagar,Mumbai, Greater Bombay, Maharashtra, are allotted a unique IFSC like CNRB0002899 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Greater Bombay.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Greater Bombay and Mumbai.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Canara Bank in Mahavirnagar,Mumbai reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code CNRB0002899
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 Mahavirnagar,Mumbai in Greater Bombay.
For example, the IFSC Code CNRB0002899 of Canara Bank for the Mahavirnagar,Mumbai branch includes these elements, identifying the bank and the branch location in Greater Bombay and Maharashtra correctly.
How to Find IFSC Code for Canara Bank?
If you are looking for the IFSC Code CNRB0002899 of Canara Bank for its Mahavirnagar,Mumbai branch located in Greater Bombay, the following methods can help:
Cheque Book
The cheque book that is issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Canara Bank branches in Greater Bombay and Mumbai, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Canara Bank and look for the branch locator section, then search for Mahavirnagar,Mumbai or Greater Bombay to get the exact IFSC Code CNRB0002899.
Mobile Banking App
If you use Canara Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Canara Bank and Greater Bombay, then it will provide you proper information.
How to Use IFSC Code CNRB0002899 for Online Transfers?
Once you have the IFSC Code CNRB0002899 for the Mahavirnagar,Mumbai branch of Canara Bank in Greater Bombay, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0002899. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 CNRB0002899.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Mahavirnagar,Mumbai in Greater Bombay, 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 Mahavirnagar,Mumbai, 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 Greater Bombay manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0002899.
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 Panchsheel Arcade,90Ft Road,Mahavirmagr, Kandivili West, Mumbai - 400067 located in Greater Bombay, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.