IFSC Code of Canara Bank, Paradeep Ii, Paradeep, Odisha- CNRB0018030

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 Paradeep Ii branch in Jagatsinghpur, Paradeep, Odisha, 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 Jagatsinghpur or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code CNRB0018030. 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, Paradeep Ii, Jagatsinghpur

Here are the main details that are associated with the IFSC Code CNRB0018030 of Canara Bank for its branch located in Jagatsinghpur, within the district of Paradeep in the state of Odisha.

These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Jagatsinghpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018030 for the Paradeep Ii 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 that is provided by the Reserve Bank of India. A unique IFSC like CNRB0018030 is given to every bank branch, including Canara Bank located in Paradeep Ii, Jagatsinghpur, Odisha, to make sure that online payments reach the right place.

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 kind of confusion between multiple branches of the same bank across different places like Jagatsinghpur and Paradeep.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Paradeep Ii doesn't end up at another location.

Format of the IFSC Code CNRB0018030

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 Paradeep Ii in Jagatsinghpur.

For example, the IFSC Code CNRB0018030 of Canara Bank for the Paradeep Ii branch includes these elements, identifying the bank and the branch location in Jagatsinghpur and Odisha accurately.

How to Find IFSC Code for Canara Bank?

To find the IFSC Code CNRB0018030 of Canara Bank for its Paradeep 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 Paradeep, 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 Paradeep Ii or Jagatsinghpur to find the exact IFSC Code CNRB0018030.

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 CNRB0018030 for Online Transfers?

Once you have the IFSC Code CNRB0018030 for the Paradeep Ii 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 CNRB0018030. The transfer is completed in batches instead of instantly. It is useful for both 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 CNRB0018030.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Paradeep Ii 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 Paradeep Ii, 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.