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 Specialised Mid Corporate Branch Bhubaneshwar Vani Vihar 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 CNRB0018004. 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, Specialised Mid Corporate Branch Bhubaneshwar Vani Vihar, Khurda
Here are the key points that are associated with the IFSC Code CNRB0018004 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 | CNRB0018004 |
| Branch | Specialised Mid Corporate Branch Bhubaneshwar Vani Vihar |
| City | Khurda |
| District | Bhubaneswar |
| State | Odisha |
| Address | B 61 Shaheed Nagar Bhubaneswar Orissa 751 007 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Khurda for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018004 for the Specialised Mid Corporate Branch Bhubaneshwar Vani Vihar branch of Canara Bank has an 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 CNRB0018004 is given to every bank branch, including Canara Bank located in Specialised Mid Corporate Branch Bhubaneshwar Vani Vihar, 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 Specialised Mid Corporate Branch Bhubaneshwar Vani Vihar doesn't end up at another location.
Format of the IFSC Code CNRB0018004
This is the format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Canara Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Specialised Mid Corporate Branch Bhubaneshwar Vani Vihar in Khurda.
For example, the IFSC Code CNRB0018004 of Canara Bank for the Specialised Mid Corporate Branch Bhubaneshwar Vani Vihar 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 CNRB0018004 of Canara Bank for its Specialised Mid Corporate Branch Bhubaneshwar Vani Vihar 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
You can easily find the IFSC and MICR codes because most banks, including Canara Bank branches in Khurda and Bhubaneswar, print them 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 Specialised Mid Corporate Branch Bhubaneshwar Vani Vihar or Khurda to get the exact IFSC Code CNRB0018004.
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 CNRB0018004 for Online Transfers?
Once you have the IFSC Code CNRB0018004 for the Specialised Mid Corporate Branch Bhubaneshwar Vani Vihar branch of Canara Bank in Khurda, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0018004. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹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 CNRB0018004.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Specialised Mid Corporate Branch Bhubaneshwar Vani Vihar in Khurda may 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 Specialised Mid Corporate Branch Bhubaneshwar Vani Vihar, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Khurda to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0018004.
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 B 61 Shaheed Nagar Bhubaneswar Orissa 751 007 located in Khurda, Bhubaneswar, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.