IFSC Code of Canara Bank, Shaheednagar, Khurda, Odisha — CNRB0002487

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 Shaheednagar branch in Khurda, Khurda, 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 CNRB0002487. 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, Shaheednagar, Khurda

Here are some of the key details that come with the IFSC Code CNRB0002487 of Canara Bank for its branch located in Khurda, within the district of Khurda in the state of Odisha.

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Khurda for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0002487 for the Shaheednagar branch of Canara Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Shaheednagar, Khurda, Odisha, is provided a unique IFSC like CNRB0002487 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Canara Bank branch in Khurda.
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Khurda and Khurda.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Odisha and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Shaheednagar do not get misguided to another person.

Format of the IFSC Code CNRB0002487

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 Shaheednagar in Khurda.

For example, the IFSC Code CNRB0002487 of Canara Bank for the Shaheednagar 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 looking for the IFSC Code CNRB0002487 of Canara Bank for its Shaheednagar branch located in Khurda, the following methods can help:

Cheque Book

The cheque book that is issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Canara Bank branches in Khurda and Khurda, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Canara Bank and look for the branch locator section, then search for Shaheednagar or Khurda to get the exact IFSC Code CNRB0002487.

Mobile Banking App

If you use Canara Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Canara Bank and Khurda, then it will provide you proper information.

How to Use IFSC Code CNRB0002487 for Online Transfers?

Once you have the IFSC Code CNRB0002487 for the Shaheednagar 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 CNRB0002487. 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 CNRB0002487.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Shaheednagar in Khurda, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Canara Bank in Shaheednagar, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Canara Bank website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Khurda manage online transfers as well as cheque clearances with ease.