There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Canara Bank for its Sihora Main Market branch in Jabalpur, Sihora, Madhya Pradesh, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Canara Bank situated in Jabalpur or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code CNRB0017898. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Sihora Main Market, Jabalpur
Here are the key points that are associated with the IFSC Code CNRB0017898 of Canara Bank for its branch located in Jabalpur, within the district of Sihora in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0017898 |
| Branch | Sihora Main Market |
| City | Jabalpur |
| District | Sihora |
| State | Madhya Pradesh |
| Address | No 325 Khitola Bazar Ward No 13 Malviya Ward Dist Jabalpur Sihora Madhya Pradesh India 483225 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Jabalpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0017898 for the Sihora Main Market 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 Sihora Main Market, Jabalpur, Madhya Pradesh, are allotted a unique IFSC like CNRB0017898 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jabalpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Jabalpur and Sihora.
- 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 Sihora Main Market reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code CNRB0017898
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 Sihora Main Market in Jabalpur.
For example, the IFSC Code CNRB0017898 of Canara Bank for the Sihora Main Market branch includes these elements, identifying the bank and the branch location in Jabalpur and Madhya Pradesh correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0017898 of Canara Bank for its Sihora Main Market branch located in Jabalpur, 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 Jabalpur and Sihora, 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 Sihora Main Market or Jabalpur to get the exact IFSC Code CNRB0017898.
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 Jabalpur, you'll get the correct details.
How to Use IFSC Code CNRB0017898 for Online Transfers?
Once you have the IFSC Code CNRB0017898 for the Sihora Main Market branch of Canara Bank in Jabalpur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0017898. 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 CNRB0017898.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Sihora Main Market in Jabalpur 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 Sihora Main Market, 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 Jabalpur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Sihora Main Market Jabalpur branch is CNRB0017898.
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 No 325 Khitola Bazar Ward No 13 Malviya Ward Dist Jabalpur Sihora Madhya Pradesh India 483225.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.