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 Katni Iii branch in Katni, Katni Murwara, Madhya Pradesh, 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 Katni or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CNRB0017820. 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, Katni Iii, Katni
Below in the table are the key details related to IFSC Code CNRB0017820 of Canara Bank for its branch located in Katni, within the district of Katni Murwara in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0017820 |
| Branch | Katni Iii |
| City | Katni |
| District | Katni Murwara |
| State | Madhya Pradesh |
| Address | Canarabank Station Rd Katni Dist Katni Mp 483501 |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Katni for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0017820 for the Katni Iii 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 Katni Iii, Katni, Madhya Pradesh, are allotted a unique IFSC like CNRB0017820 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Katni.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Katni and Katni Murwara.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Canara Bank in Katni Iii reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code CNRB0017820
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 Katni Iii in Katni.
For example, the IFSC Code CNRB0017820 of Canara Bank for the Katni Iii branch includes these elements, identifying the bank and the branch location in Katni and Madhya Pradesh accurately.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0017820 of Canara Bank for its Katni Iii branch located in Katni, 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 Katni and Katni Murwara, 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 Katni Iii or Katni to find the exact IFSC Code CNRB0017820.
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 Katni will provide accurate information.
How to Use IFSC Code CNRB0017820 for Online Transfers?
Once you have the IFSC Code CNRB0017820 for the Katni Iii branch of Canara Bank in Katni, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0017820. 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 CNRB0017820.
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 Katni Iii in Katni, 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 Katni Iii, 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 Katni manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0017820.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Canarabank Station Rd Katni Dist Katni Mp 483501 located in Katni, Katni Murwara, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.