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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Canara Bank for its Jagatsinghpur Ii branch in Jagatsinghpur, Jagatsinghpur, or Odisha, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Canara Bank located in Jagatsinghpur or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CNRB0018027. 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, Jagatsinghpur Ii, Jagatsinghpur
Below in the table are the key details related to IFSC Code CNRB0018027 of Canara Bank for its branch located in Jagatsinghpur, within the district of Jagatsinghpur in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0018027 |
| Branch | Jagatsinghpur Ii |
| City | Jagatsinghpur |
| District | Jagatsinghpur |
| State | Odisha |
| Address | Sana Bazar Jagatsingpur Jagatsinghpur Orissa 754 103 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Jagatsinghpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018027 for the Jagatsinghpur 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, including Canara Bank located in Jagatsinghpur Ii, Jagatsinghpur, Odisha, is provided with a unique IFSC like CNRB0018027 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Jagatsinghpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Jagatsinghpur and Jagatsinghpur.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Odisha and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Jagatsinghpur Ii do not get mixed with another location.
Format of the IFSC Code CNRB0018027
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): These represent the bank code. In Canara Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Jagatsinghpur Ii in Jagatsinghpur.
For example, the IFSC Code CNRB0018027 of Canara Bank for the Jagatsinghpur Ii branch has these elements, identifying the bank and the branch location in Jagatsinghpur and Odisha correctly.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0018027 of Canara Bank for its Jagatsinghpur Ii branch located in Jagatsinghpur, the following methods can help you out:
Cheque Book
The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Canara Bank branches in Jagatsinghpur and Jagatsinghpur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Canara Bank and go to the branch locator section. Then search for Jagatsinghpur Ii or Jagatsinghpur to find the exact IFSC Code CNRB0018027.
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 maintains an updated database of all IFSC codes. Searching for Canara Bank and Jagatsinghpur will provide accurate information.
How to Use IFSC Code CNRB0018027 for Online Transfers?
Once you have the IFSC Code CNRB0018027 for the Jagatsinghpur Ii branch of Canara Bank in Jagatsinghpur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0018027. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Canara Bank IFSC Code CNRB0018027.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Canara Bank Jagatsinghpur Ii in Jagatsinghpur, it can result in delayed or failed transactions.
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 Jagatsinghpur Ii, 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 Jagatsinghpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0018027.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Sana Bazar Jagatsingpur Jagatsinghpur Orissa 754 103 located in Jagatsinghpur, Jagatsinghpur, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.