IFSC Code of Canara Bank, Retail Assets Hub Gurdaspur, Gurdaspur, Punjab- CNRB0007048

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 Retail Assets Hub Gurdaspur branch in Gurdaspur, Gurdaspur, Punjab, 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 Gurdaspur or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code CNRB0007048. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Retail Assets Hub Gurdaspur, Gurdaspur

Here are the main details that are associated with the IFSC Code CNRB0007048 of Canara Bank for its branch located in Gurdaspur, within the district of Gurdaspur in the state of Punjab.

These details helps users in online banking and for businesses and individuals who use Canara Bank in Gurdaspur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0007048 for the Retail Assets Hub Gurdaspur 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 Retail Assets Hub Gurdaspur, Gurdaspur, Punjab, is provided a unique IFSC like CNRB0007048 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Canara Bank branch in Gurdaspur.
• 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 Gurdaspur and Gurdaspur.
• 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 Punjab and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Retail Assets Hub Gurdaspur do not get misguided to another person.

Format of the IFSC Code CNRB0007048

This is the format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Canara Bank, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Retail Assets Hub Gurdaspur in Gurdaspur.

For example, the IFSC Code CNRB0007048 of Canara Bank for the Retail Assets Hub Gurdaspur branch includes these elements, identifying the bank and the branch location in Gurdaspur and Punjab accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0007048 of Canara Bank for its Retail Assets Hub Gurdaspur branch located in Gurdaspur, 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 Gurdaspur and Gurdaspur, 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 Retail Assets Hub Gurdaspur or Gurdaspur to get the exact IFSC Code CNRB0007048.

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 Gurdaspur that will provide accurate information.

How to Use IFSC Code CNRB0007048 for Online Transfers?

Once you have the IFSC Code CNRB0007048 for the Retail Assets Hub Gurdaspur branch of Canara Bank in Gurdaspur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0007048. 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 CNRB0007048.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Retail Assets Hub Gurdaspur in Gurdaspur may result in delayed or failed transactions.

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 Retail Assets Hub Gurdaspur, 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 Gurdaspur manage online transfers as well as cheque clearances with ease.