IFSC Code of Canara Bank, Radhika Palace Colony,Indore, Indore, Madhya Pradesh- CNRB0003199

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 Radhika Palace Colony,Indore branch in Indore, Indore, 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 Indore or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CNRB0003199. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Radhika Palace Colony,Indore, Indore

Here are the main details that are associated with the IFSC Code CNRB0003199 of Canara Bank for its branch located in Indore, within the district of Indore in the state of Madhya Pradesh.

These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Indore for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0003199 for the Radhika Palace Colony,Indore branch of Canara Bank has an important 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 Radhika Palace Colony,Indore, Indore, Madhya Pradesh, is provided a unique IFSC like CNRB0003199 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 Radhika Palace Colony,Indore do not get misguided to another person.

Format of the IFSC Code CNRB0003199

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 Radhika Palace Colony,Indore in Indore.

For example, the IFSC Code CNRB0003199 of Canara Bank for the Radhika Palace Colony,Indore branch includes these elements, identifying the bank and the branch location in Indore and Madhya Pradesh accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0003199 of Canara Bank for its Radhika Palace Colony,Indore 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

You can easily find the IFSC and MICR codes because most banks, including Canara Bank branches in Indore and Indore, print them 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 Radhika Palace Colony,Indore or Indore to get the exact IFSC Code CNRB0003199.

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 CNRB0003199 for Online Transfers?

If you have the IFSC Code CNRB0003199 for the Radhika Palace Colony,Indore branch of Canara Bank in Indore, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0003199. Transfers are processed in batches. 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. Asks for the recipient's account details and Canara Bank IFSC Code CNRB0003199.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Canara Bank Radhika Palace Colony,Indore in Indore, it may result in delayed or failed transactions.

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 Radhika Palace Colony,Indore, 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 Indore manage their online transfers and cheque clearances easily.