There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Canara Bank for its Accounts Section Bhubaneshwar branch in Khurda, Bhubaneswar, Odisha, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Canara Bank situated in Khurda or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code CNRB0018018. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Accounts Section Bhubaneshwar, Khurda

Here are the key points that are associated with the IFSC Code CNRB0018018 of Canara Bank for its branch located in Khurda, within the district of Bhubaneswar in the state of Odisha.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0018018
Branch Accounts Section Bhubaneshwar
City Khurda
District Bhubaneswar
State Odisha
Address Central Accouts Office Bhubaneswar,Orissa

These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Khurda for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018018 for the Accounts Section Bhubaneshwar 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 Accounts Section Bhubaneshwar, Khurda, Odisha, are given a unique IFSC like CNRB0018018 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Khurda.
  • 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 Khurda and Bhubaneswar.
  • 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 Accounts Section Bhubaneshwar 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 CNRB0018018

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 Accounts Section Bhubaneshwar in Khurda.

For example, the IFSC Code CNRB0018018 of Canara Bank for the Accounts Section Bhubaneshwar branch includes these elements, identifying the bank and the branch location in Khurda and Odisha correctly.

How to Find IFSC Code for Canara Bank?

To find the IFSC Code CNRB0018018 of Canara Bank for its Accounts Section Bhubaneshwar branch located in Khurda, 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 Khurda and Bhubaneswar, 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 Accounts Section Bhubaneshwar or Khurda to find the exact IFSC Code CNRB0018018.

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 Khurda will provide accurate information.

How to Use IFSC Code CNRB0018018 for Online Transfers?

Once you have the IFSC Code CNRB0018018 for the Accounts Section Bhubaneshwar branch of Canara Bank in Khurda, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0018018. 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 CNRB0018018.

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 Accounts Section Bhubaneshwar in Khurda, it can 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 Accounts Section Bhubaneshwar, 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 Khurda manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Accounts Section Bhubaneshwar, Khurda?

The IFSC Code is CNRB0018018.

Is the IFSC Code CNRB0018018 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Canara Bank Accounts Section Bhubaneshwar?

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

What is the full address of the Accounts Section Bhubaneshwar branch?

The address of the branch is Central Accouts Office Bhubaneswar,Orissa located in Khurda, Bhubaneswar, Odisha.

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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