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 Baragaon branch in Karnal, Baragaon, Haryana, 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 Karnal or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code CNRB0002034. 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, Baragaon, Karnal

Here are the key points that are associated with the IFSC Code CNRB0002034 of Canara Bank for its branch located in Karnal, within the district of Baragaon in the state of Haryana.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0002034
Branch Baragaon
City Karnal
District Baragaon
State Haryana
Address Opp.Bus Stand,, Baragaon Village P.O.,, Karnal Dist (Haryana) - 132101

These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Karnal for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0002034 for the Baragaon 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 that is provided by the Reserve Bank of India. A unique IFSC like CNRB0002034 is given to every bank branch, including Canara Bank located in Baragaon, Karnal, Haryana, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Karnal.
  • 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 Karnal and Baragaon.
  • 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 Haryana and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Baragaon doesn't end up at another location.

Format of the IFSC Code CNRB0002034

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 Baragaon in Karnal.

For example, the IFSC Code CNRB0002034 of Canara Bank for the Baragaon branch includes these elements, identifying the bank and the branch location in Karnal and Haryana correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0002034 of Canara Bank for its Baragaon branch located in Karnal, the following methods can help:

Cheque Book

The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Canara Bank branches in Karnal and Baragaon, print them on the first page of your passbook.

Bank Website

Visit the official website of Canara Bank and navigate to the branch locator section. Search for Baragaon or Karnal to get the exact IFSC Code CNRB0002034.

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 keeps an updated list of all IFSC codes. If you search for Canara Bank and Karnal, you'll get the correct details.

How to Use IFSC Code CNRB0002034 for Online Transfers?

Once you have the IFSC Code CNRB0002034 for the Baragaon branch of Canara Bank in Karnal, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0002034. 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 CNRB0002034.

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

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Baragaon, Karnal?

The IFSC Code is CNRB0002034.

Is the IFSC Code CNRB0002034 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Baragaon?

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

What is the full address of the Baragaon branch?

The address of the branch is Opp.Bus Stand,, Baragaon Village P.O.,, Karnal Dist (Haryana) - 132101 located in Karnal, Baragaon, Haryana.

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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