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 Kendrapada branch in Kendrapara, Kendrapara, Odisha, 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 Kendrapara or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CNRB0003523. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Kendrapada, Kendrapara
Here are the main details that are associated with the IFSC Code CNRB0003523 of Canara Bank for its branch located in Kendrapara, within the district of Kendrapara in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0003523 |
| Branch | Kendrapada |
| City | Kendrapara |
| District | Kendrapara |
| State | Odisha |
| Address | Kakat Chhak ,Main Road ,Kendrapada- 758021-Odisha |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Kendrapara for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0003523 for the Kendrapada 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 Kendrapada, Kendrapara, Odisha, are given a unique IFSC like CNRB0003523 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kendrapara.
- 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 Kendrapara and Kendrapara.
- 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 Kendrapada goes to the correct branch. This is important because Canara Bank has thousands of branches in Odisha and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code CNRB0003523
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 Kendrapada in Kendrapara.
For example, the IFSC Code CNRB0003523 of Canara Bank for the Kendrapada branch includes these elements, identifying the bank and the branch location in Kendrapara and Odisha correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0003523 of Canara Bank for its Kendrapada branch located in Kendrapara, 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 Kendrapara and Kendrapara, 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 Kendrapada or Kendrapara to get the exact IFSC Code CNRB0003523.
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 Kendrapara, you'll get the correct details.
How to Use IFSC Code CNRB0003523 for Online Transfers?
Once you have the IFSC Code CNRB0003523 for the Kendrapada branch of Canara Bank in Kendrapara, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0003523. 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 CNRB0003523.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Kendrapada in Kendrapara, 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 Kendrapada, 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 Kendrapara to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0003523.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Kakat Chhak ,Main Road ,Kendrapada- 758021-Odisha located in Kendrapara, Kendrapara, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.