The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Canara Bank for its Kolkata Shyam Bazaar branch in Kolkata, Kolkata, West Bengal, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Canara Bank located in Kolkata or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code CNRB0019506. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Kolkata Shyam Bazaar, Kolkata

Here are the key points that are associated with the IFSC Code CNRB0019506 of Canara Bank for its branch located in Kolkata, within the district of Kolkata in the state of West Bengal.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0019506
Branch Kolkata Shyam Bazaar
City Kolkata
District Kolkata
State West Bengal
Address 48 Canal West Road Ist Floor Shyambazar Kolkata Kolkata L 700 004

These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Kolkata for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0019506 for the Kolkata Shyam Bazaar branch of Canara Bank has an important role.

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 Kolkata Shyam Bazaar, Kolkata, West Bengal, is provided a unique IFSC like CNRB0019506 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Canara Bank branch in Kolkata.
  • 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 Kolkata and Kolkata.
  • 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 West Bengal and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Kolkata Shyam Bazaar do not get misguided to another person.

Format of the IFSC Code CNRB0019506

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 Kolkata Shyam Bazaar in Kolkata.

For example, the IFSC Code CNRB0019506 of Canara Bank for the Kolkata Shyam Bazaar branch includes these elements, identifying the bank and the branch location in Kolkata and West Bengal accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0019506 of Canara Bank for its Kolkata Shyam Bazaar branch located in Kolkata, 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 Kolkata and Kolkata, 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 Kolkata Shyam Bazaar or Kolkata to get the exact IFSC Code CNRB0019506.

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 Kolkata, you'll get the correct details.

How to Use IFSC Code CNRB0019506 for Online Transfers?

If you have the IFSC Code CNRB0019506 for the Kolkata Shyam Bazaar branch of Canara Bank in Kolkata, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0019506. Transfers are processed in batches. 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. Asks for the recipient's account details and Canara Bank IFSC Code CNRB0019506.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Canara Bank Kolkata Shyam Bazaar in Kolkata, it may result in delayed or failed transactions.

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 Kolkata Shyam Bazaar, 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 Kolkata manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Kolkata Shyam Bazaar, Kolkata?

The IFSC Code is CNRB0019506.

Is the IFSC Code CNRB0019506 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Kolkata Shyam Bazaar?

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

What is the full address of the Kolkata Shyam Bazaar branch?

The address of the branch is 48 Canal West Road Ist Floor Shyambazar Kolkata Kolkata L 700 004 located in Kolkata, Kolkata, West Bengal.

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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