The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Canara Bank for its Madhuban branch in Karnal, Madhuban, Haryana, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Canara Bank located in Karnal or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code CNRB0018254. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Madhuban, Karnal

Here are the main details that are associated with the IFSC Code CNRB0018254 of Canara Bank for its branch located in Karnal, within the district of Madhuban in the state of Haryana.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0018254
Branch Madhuban
City Karnal
District Madhuban
State Haryana
Address Haryana Armed Police Complex Gt Road Madhuban Karnal Haryana 132 037

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Karnal for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0018254 for the Madhuban branch of Canara Bank is vital.

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 Madhuban, Karnal, Haryana, are given a unique IFSC like CNRB0018254 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Karnal.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Karnal and Madhuban.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Canara Bank in Madhuban goes to the correct branch. This is important because Canara Bank has thousands of branches in Haryana and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CNRB0018254

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 Madhuban in Karnal.

For example, the IFSC Code CNRB0018254 of Canara Bank for the Madhuban branch includes these elements, identifying the bank and the branch location in Karnal and Haryana accurately.

How to Find IFSC Code for Canara Bank?

To find the IFSC Code CNRB0018254 of Canara Bank for its Madhuban branch located in Karnal, 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 Karnal and Madhuban, 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 Madhuban or Karnal to find the exact IFSC Code CNRB0018254.

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 Karnal will provide accurate information.

How to Use IFSC Code CNRB0018254 for Online Transfers?

If you have the IFSC Code CNRB0018254 for the Madhuban branch of Canara Bank in Karnal, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0018254. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Canara Bank IFSC Code CNRB0018254.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Canara Bank Madhuban in Karnal, it may result in delayed or failed transactions.

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 Madhuban, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Karnal manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

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

The IFSC Code is CNRB0018254.

Is the IFSC Code CNRB0018254 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Madhuban branch?

The address of the branch is Haryana Armed Police Complex Gt Road Madhuban Karnal Haryana 132 037 located in Karnal, Madhuban, 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.