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 Basti Danishmanda branch in Jalandhar, Jalandhar, Punjab, 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 Jalandhar or anywhere in Punjab can easily transfer funds instantly by using the correct IFSC Code CNRB0018166. 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, Basti Danishmanda, Jalandhar

The table below shows the main details of the IFSC Code CNRB0018166 for the Canara Bank branch in Jalandhar, which falls under the Jalandhar district in Punjab.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0018166
Branch Basti Danishmanda
City Jalandhar
District Jalandhar
State Punjab
Address 2 Ekta Vihar Basti Danishmanda Jalandhar Punjab 144002 Jalandhar Punjab India 144002

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Jalandhar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0018166 for the Basti Danishmanda branch of Canara Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Basti Danishmanda, Jalandhar, Punjab, is provided a unique IFSC like CNRB0018166 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Canara Bank branch in Jalandhar.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Jalandhar and Jalandhar.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Punjab and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Basti Danishmanda do not get misguided to another person.

Format of the IFSC Code CNRB0018166

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 Basti Danishmanda in Jalandhar.

For example, the IFSC Code CNRB0018166 of Canara Bank for the Basti Danishmanda branch includes these elements, identifying the bank and the branch location in Jalandhar and Punjab accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0018166 of Canara Bank for its Basti Danishmanda branch located in Jalandhar, 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 Jalandhar and Jalandhar, 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 Basti Danishmanda or Jalandhar to get the exact IFSC Code CNRB0018166.

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 Jalandhar that will provide accurate information.

How to Use IFSC Code CNRB0018166 for Online Transfers?

Once you have the IFSC Code CNRB0018166 for the Basti Danishmanda branch of Canara Bank in Jalandhar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0018166. 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 CNRB0018166.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Basti Danishmanda in Jalandhar, 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 Basti Danishmanda, 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 Jalandhar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Basti Danishmanda, Jalandhar?

The IFSC Code is CNRB0018166.

Is the IFSC Code CNRB0018166 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Basti Danishmanda?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Basti Danishmanda branch?

The address of the branch is 2 Ekta Vihar Basti Danishmanda Jalandhar Punjab 144002 Jalandhar Punjab India 144002 located in Jalandhar, Jalandhar, Punjab.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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