For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Canara Bank for its I C M R , Bhubaneshwar branch in Khurda, Bhubaneswar, Odisha, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Canara Bank located in Khurda or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CNRB0002957. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, I C M R , Bhubaneshwar, Khurda
Below in the table are the key details related to IFSC Code CNRB0002957 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 | CNRB0002957 |
| Branch | I C M R , Bhubaneshwar |
| City | Khurda |
| District | Bhubaneswar |
| State | Odisha |
| Address | Indian Council For Medical Res, Bhubaneshwar, Dist Khurda ( Orissa) |
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 CNRB0002957 for the I C M R , Bhubaneshwar 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 provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in I C M R , Bhubaneshwar, Khurda, Odisha, is provided with a unique IFSC like CNRB0002957 to ensure that online payments reach the right destination.
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 errors or confusions between multiple branches of the same bank across different places like Khurda and Bhubaneswar.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Odisha and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in I C M R , Bhubaneshwar do not get mixed with another location.
Format of the IFSC Code CNRB0002957
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 I C M R , Bhubaneshwar in Khurda.
For example, the IFSC Code CNRB0002957 of Canara Bank for the I C M R , 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 CNRB0002957 of Canara Bank for its I C M R , 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 I C M R , Bhubaneshwar or Khurda to find the exact IFSC Code CNRB0002957.
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 CNRB0002957 for Online Transfers?
Once you have the IFSC Code CNRB0002957 for the I C M R , 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 CNRB0002957. 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 CNRB0002957.
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 I C M R , Bhubaneshwar in Khurda, it can result in delayed or failed transactions.
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 I C M R , Bhubaneshwar, 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.
Frequently Asked Questions (FAQs)
The IFSC Code of the I C M R , Bhubaneshwar Khurda branch is CNRB0002957.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Indian Council For Medical Res, Bhubaneshwar, Dist Khurda ( Orissa).
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.