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 Hoshiarpur Main Ii branch in Hosiarpur, Hoshiarpur, Punjab, 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 Hosiarpur or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code CNRB0018120. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Hoshiarpur Main Ii, Hosiarpur
The table below shows the main details of the IFSC Code CNRB0018120 for the Canara Bank branch in Hosiarpur, which falls under the Hoshiarpur district in Punjab.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0018120 |
| Branch | Hoshiarpur Main Ii |
| City | Hosiarpur |
| District | Hoshiarpur |
| State | Punjab |
| Address | Anoop Building Railway Road Hoshiarpur Punjab 146 001 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Hosiarpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018120 for the Hoshiarpur Main Ii branch of Canara Bank has 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 Hoshiarpur Main Ii, Hosiarpur, Punjab, are allotted a unique IFSC like CNRB0018120 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Hosiarpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Hosiarpur and Hoshiarpur.
- 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 Hoshiarpur Main Ii reaches the right place, even though there are thousands of branches in Punjab and across India.
Format of the IFSC Code CNRB0018120
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 Hoshiarpur Main Ii in Hosiarpur.
For example, the IFSC Code CNRB0018120 of Canara Bank for the Hoshiarpur Main Ii branch includes these elements, identifying the bank and the branch location in Hosiarpur and Punjab accurately.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0018120 of Canara Bank for its Hoshiarpur Main Ii branch located in Hosiarpur, 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 Hosiarpur and Hoshiarpur, 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 Hoshiarpur Main Ii or Hosiarpur to get the exact IFSC Code CNRB0018120.
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 Hosiarpur, you'll get the correct details.
How to Use IFSC Code CNRB0018120 for Online Transfers?
Once you have the IFSC Code CNRB0018120 for the Hoshiarpur Main Ii branch of Canara Bank in Hosiarpur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0018120. 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 CNRB0018120.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Hoshiarpur Main Ii in Hosiarpur may 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 Hoshiarpur Main Ii, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Hosiarpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0018120.
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 Anoop Building Railway Road Hoshiarpur Punjab 146 001 located in Hosiarpur, Hoshiarpur, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.