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 Kothi branch in Jagatsinghpur, Kothi, Odisha, 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 Jagatsinghpur or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CNRB0018034. 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, Kothi, Jagatsinghpur
The table below shows the main details of the IFSC Code CNRB0018034 for the Canara Bank branch in Jagatsinghpur, which falls under the Kothi district in Odisha.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0018034 |
| Branch | Kothi |
| City | Jagatsinghpur |
| District | Kothi |
| State | Odisha |
| Address | Kothiat Po Baharanavia Balikundapin 754 108 |
These details help users in online banking and for businesses and individuals who use Canara Bank in Jagatsinghpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018034 for the Kothi branch of Canara Bank has a very 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 Kothi, Jagatsinghpur, Odisha, are allotted a unique IFSC like CNRB0018034 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jagatsinghpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Jagatsinghpur and Kothi.
- 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 Kothi reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code CNRB0018034
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 Kothi in Jagatsinghpur.
For example, the IFSC Code CNRB0018034 of Canara Bank for the Kothi branch includes these elements, identifying the bank and the branch location in Jagatsinghpur and Odisha accurately.
How to Find IFSC Code for Canara Bank?
If you are looking for the IFSC Code CNRB0018034 of Canara Bank for its Kothi branch located in Jagatsinghpur, the following methods can help:
Cheque Book
The cheque book that is issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Canara Bank branches in Jagatsinghpur and Kothi, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Canara Bank and look for the branch locator section, then search for Kothi or Jagatsinghpur to get the exact IFSC Code CNRB0018034.
Mobile Banking App
If you use Canara Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Canara Bank and Jagatsinghpur, then it will provide you proper information.
How to Use IFSC Code CNRB0018034 for Online Transfers?
Once you have the IFSC Code CNRB0018034 for the Kothi branch of Canara Bank in Jagatsinghpur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0018034. 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 CNRB0018034.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Kothi in Jagatsinghpur, 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 Kothi, 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 Jagatsinghpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kothi Jagatsinghpur branch is CNRB0018034.
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 Kothiat Po Baharanavia Balikundapin 754 108.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
