For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Canara Bank for its Veraval Ii branch in Junagadh, Junagadh, Gujarat, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Canara Bank located in Junagadh or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code CNRB0017102. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Veraval Ii, Junagadh
The table below shows the main details of the IFSC Code CNRB0017102 for the Canara Bank branch in Junagadh, which falls under the Junagadh district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0017102 |
| Branch | Veraval Ii |
| City | Junagadh |
| District | Junagadh |
| State | Gujarat |
| Address | Plot No 1 Rajmahal Road Opp Municipality Office Veraval 362266 Junagadh Gujarat |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Junagadh for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0017102 for the Veraval 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Veraval Ii, Junagadh, Gujarat, is provided a unique IFSC like CNRB0017102 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Canara Bank branch in Junagadh.
- 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 Junagadh and Junagadh.
- 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 Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Veraval Ii do not get misguided to another person.
Format of the IFSC Code CNRB0017102
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 Veraval Ii in Junagadh.
For example, the IFSC Code CNRB0017102 of Canara Bank for the Veraval Ii branch includes these elements, identifying the bank and the branch location in Junagadh and Gujarat correctly.
How to Find IFSC Code for Canara Bank?
If you are looking for the IFSC Code CNRB0017102 of Canara Bank for its Veraval Ii branch located in Junagadh, 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 Junagadh and Junagadh, 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 Veraval Ii or Junagadh to get the exact IFSC Code CNRB0017102.
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 Junagadh, then it will provide you proper information.
How to Use IFSC Code CNRB0017102 for Online Transfers?
Once you have the IFSC Code CNRB0017102 for the Veraval Ii branch of Canara Bank in Junagadh, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0017102. 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 CNRB0017102.
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 Veraval Ii in Junagadh, 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 Veraval 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 Junagadh manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Veraval Ii Junagadh branch is CNRB0017102.
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 Plot No 1 Rajmahal Road Opp Municipality Office Veraval 362266 Junagadh Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.