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 Itarsi Ii branch in Hoshangabad, Hoshangabad, Madhya 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 Hoshangabad or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CNRB0017791. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Itarsi Ii, Hoshangabad
The table below shows the main details of the IFSC Code CNRB0017791 for the Canara Bank branch in Hoshangabad, which falls under the Hoshangabad district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0017791 |
| Branch | Itarsi Ii |
| City | Hoshangabad |
| District | Hoshangabad |
| State | Madhya Pradesh |
| Address | 23 Meenakshi Chowk Anand Nagar Hoshangabad Piparia Road Hoshangabad M P 461 001 |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Hoshangabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0017791 for the Itarsi Ii 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, including Canara Bank located in Itarsi Ii, Hoshangabad, Madhya Pradesh, is provided with a unique IFSC like CNRB0017791 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Hoshangabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Hoshangabad and Hoshangabad.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Itarsi Ii do not get mixed with another location.
Format of the IFSC Code CNRB0017791
The format of the IFSC Code for banks, including Canara Bank, follows 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 Itarsi Ii in Hoshangabad.
For example, the IFSC Code CNRB0017791 of Canara Bank for the Itarsi Ii branch includes these elements, identifying the bank and the branch location in Hoshangabad and Madhya Pradesh accurately.
How to Find IFSC Code for Canara Bank?
If you are looking for the IFSC Code CNRB0017791 of Canara Bank for its Itarsi Ii branch located in Hoshangabad, 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 Hoshangabad and Hoshangabad, 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 Itarsi Ii or Hoshangabad to get the exact IFSC Code CNRB0017791.
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 Hoshangabad, then it will provide you proper information.
How to Use IFSC Code CNRB0017791 for Online Transfers?
Once you have the IFSC Code CNRB0017791 for the Itarsi Ii branch of Canara Bank in Hoshangabad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0017791. 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 CNRB0017791.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Itarsi Ii in Hoshangabad, 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 Itarsi Ii, 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 Hoshangabad manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0017791.
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 23 Meenakshi Chowk Anand Nagar Hoshangabad Piparia Road Hoshangabad M P 461 001 located in Hoshangabad, Hoshangabad, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.