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 Retail Assets Hub Kharghar branch in Kharghar, Kharghar, Maharashtra, 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 Kharghar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CNRB0007063. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Retail Assets Hub Kharghar, Kharghar
Below in the table are the key details related to IFSC Code CNRB0007063 of Canara Bank for its branch located in Kharghar, within the district of Kharghar in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0007063 |
| Branch | Retail Assets Hub Kharghar |
| City | Kharghar |
| District | Kharghar |
| State | Maharashtra |
| Address | 5 5 Neel Siddhi Arcade Plot E 1A Sect 12 Kharghar Navi Mumbai Maharashtra 410210 |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Kharghar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0007063 for the Retail Assets Hub Kharghar branch of Canara Bank plays an important role.
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 Retail Assets Hub Kharghar, Kharghar, Maharashtra, are allotted a unique IFSC like CNRB0007063 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kharghar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Kharghar and Kharghar.
- 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 Retail Assets Hub Kharghar reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code CNRB0007063
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): These represent the bank code. In Canara Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Retail Assets Hub Kharghar in Kharghar.
For example, the IFSC Code CNRB0007063 of Canara Bank for the Retail Assets Hub Kharghar branch has these elements, identifying the bank and the branch location in Kharghar and Maharashtra correctly.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0007063 of Canara Bank for its Retail Assets Hub Kharghar branch located in Kharghar, 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 Kharghar and Kharghar, 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 Retail Assets Hub Kharghar or Kharghar to find the exact IFSC Code CNRB0007063.
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 Kharghar will provide accurate information.
How to Use IFSC Code CNRB0007063 for Online Transfers?
Once you have the IFSC Code CNRB0007063 for the Retail Assets Hub Kharghar branch of Canara Bank in Kharghar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0007063. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 CNRB0007063.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Retail Assets Hub Kharghar in Kharghar, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Canara Bank in Retail Assets Hub Kharghar, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Kharghar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0007063.
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 5 5 Neel Siddhi Arcade Plot E 1A Sect 12 Kharghar Navi Mumbai Maharashtra 410210 located in Kharghar, Kharghar, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.