IFSC Code of Canara Bank, Bhubaneshwar Nayapalli, Bhubaneswar, Odisha- CNRB0018007

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Canara Bank for its Bhubaneshwar Nayapalli branch in Khurda, Bhubaneswar, or Odisha, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Canara Bank located in Khurda or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CNRB0018007. 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, Bhubaneshwar Nayapalli, Khurda

Here are the key points that are associated with the IFSC Code CNRB0018007 of Canara Bank for its branch located in Khurda, within the district of Bhubaneswar in the state of Odisha.

These details help users in online banking and for businesses and individuals who use Canara Bank in Khurda for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018007 for the Bhubaneshwar Nayapalli branch of Canara Bank has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like CNRB0018007 is given to every bank branch, including Canara Bank located in Bhubaneshwar Nayapalli, Khurda, Odisha, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Canara Bank branch in Khurda.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Khurda and Bhubaneswar.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Bhubaneshwar Nayapalli doesn't end up at another location.

Format of the IFSC Code CNRB0018007

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 Bhubaneshwar Nayapalli in Khurda.

For example, the IFSC Code CNRB0018007 of Canara Bank for the Bhubaneshwar Nayapalli branch includes these elements, identifying the bank and the branch location in Khurda and Odisha accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0018007 of Canara Bank for its Bhubaneshwar Nayapalli branch located in Khurda, 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

Most banks, including Canara Bank branches in Khurda and Bhubaneswar, print the IFSC and MICR codes 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 Bhubaneshwar Nayapalli or Khurda to get the exact IFSC Code CNRB0018007.

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 Khurda, you'll get the correct details.

How to Use IFSC Code CNRB0018007 for Online Transfers?

Once you have the IFSC Code CNRB0018007 for the Bhubaneshwar Nayapalli branch of Canara Bank in Khurda, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0018007. 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 CNRB0018007.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Bhubaneshwar Nayapalli in Khurda, 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 Bhubaneshwar Nayapalli, 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 Khurda manage their online transfers and cheque clearances easily.