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 Sadashivpeth branch in Greater Bombay, Mumbai, Maharashtra, 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 Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CNRB0000260. 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, Sadashivpeth, Greater Bombay
Below in the table are the key details related to IFSC Code CNRB0000260 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 | CNRB0000260 |
| Branch | Sadashivpeth |
| City | Greater Bombay |
| District | Mumbai |
| State | Maharashtra |
| Address | 1183, Sadashivpeth, Shedgewadi Pune 411030 |
These details helps users in online banking and for businesses and individuals who use Canara Bank in Greater Bombay for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0000260 for the Sadashivpeth branch of Canara Bank plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Sadashivpeth, Greater Bombay, Maharashtra, is provided a unique IFSC like CNRB0000260 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Canara Bank branch in Greater Bombay.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Greater Bombay and Mumbai.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Sadashivpeth do not get misguided to another person.
Format of the IFSC Code CNRB0000260
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 Sadashivpeth in Greater Bombay.
For example, the IFSC Code CNRB0000260 of Canara Bank for the Sadashivpeth 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 trying to find the IFSC Code CNRB0000260 of Canara Bank for its Sadashivpeth branch located in Greater Bombay, 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 Greater Bombay and Mumbai, 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 Sadashivpeth or Greater Bombay to get the exact IFSC Code CNRB0000260.
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 Greater Bombay, you'll get the correct details.
How to Use IFSC Code CNRB0000260 for Online Transfers?
Once you have the IFSC Code CNRB0000260 for the Sadashivpeth 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 CNRB0000260. 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 CNRB0000260.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Sadashivpeth in Greater Bombay, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Canara Bank in Sadashivpeth, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Canara Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Greater Bombay manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0000260.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 1183, Sadashivpeth, Shedgewadi Pune 411030 located in Greater Bombay, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.