Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Canara Bank for its Siyaganj Indore branch in Indore, Indore, Madhya Pradesh, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Canara Bank located in Indore or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CNRB0000359. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Siyaganj Indore, Indore
Below in the table are the key details related to IFSC Code CNRB0000359 of Canara Bank for its branch located in Indore, within the district of Indore in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0000359 |
| Branch | Siyaganj Indore |
| City | Indore |
| District | Indore |
| State | Madhya Pradesh |
| Address | 11, Rnt Marg, Indore 452001 |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Indore for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0000359 for the Siyaganj Indore branch of Canara Bank plays 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 Siyaganj Indore, Indore, Madhya Pradesh, are allotted a unique IFSC like CNRB0000359 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Indore.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Indore and Indore.
- 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 Siyaganj Indore reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code CNRB0000359
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 Siyaganj Indore in Indore.
For example, the IFSC Code CNRB0000359 of Canara Bank for the Siyaganj 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 CNRB0000359 of Canara Bank for its Siyaganj Indore branch located in Indore, 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 Indore and Indore, 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 Siyaganj Indore or Indore to get the exact IFSC Code CNRB0000359.
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 Indore that will provide accurate information.
How to Use IFSC Code CNRB0000359 for Online Transfers?
Once you have the IFSC Code CNRB0000359 for the Siyaganj Indore 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 CNRB0000359. 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 CNRB0000359.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Siyaganj Indore in Indore, your payment can get delayed or might not go through at all.
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 Siyaganj Indore, 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 Indore manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Siyaganj Indore Indore branch is CNRB0000359.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at 11, Rnt Marg, Indore 452001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
