IFSC Code of Canara Bank, Indore Dewas Naka, Indore, Madhya Pradesh- CNRB0006058

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 Indore Dewas Naka branch in Indore, Indore, Madhya Pradesh, 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 Indore or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CNRB0006058. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Indore Dewas Naka, Indore

Here are the key points that are associated with the IFSC Code CNRB0006058 of Canara Bank for its branch located in Indore, within the district of Indore in the state of Madhya Pradesh.

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Indore for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0006058 for the Indore Dewas Naka branch of Canara Bank is vital.

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 Indore Dewas Naka, Indore, Madhya Pradesh, is provided a unique IFSC like CNRB0006058 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Canara Bank branch in Indore.
• 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 Indore and Indore.
• 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 Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Indore Dewas Naka do not get misguided to another person.

Format of the IFSC Code CNRB0006058

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 Indore Dewas Naka in Indore.

For example, the IFSC Code CNRB0006058 of Canara Bank for the Indore Dewas Naka branch includes these elements, identifying the bank and the branch location in Indore and Madhya Pradesh correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0006058 of Canara Bank for its Indore Dewas Naka branch located in Indore, 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 Indore and Indore, 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 Indore Dewas Naka or Indore to get the exact IFSC Code CNRB0006058.

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 Indore, you'll get the correct details.

How to Use IFSC Code CNRB0006058 for Online Transfers?

Once you have the IFSC Code CNRB0006058 for the Indore Dewas Naka branch of Canara Bank in Indore, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0006058. The transfer is completed in batches instead of instantly. It is useful for both 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 CNRB0006058.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Indore Dewas Naka in Indore, your payment can get delayed or might not go through at all.

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 Indore Dewas Naka, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Indore to handle online money transfers and get their cheques cleared smoothly.