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 Jeypore Ii branch in Koraput, Jeypore, 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 Koraput or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CNRB0018053. 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, Jeypore Ii, Koraput

Here are the key points that are associated with the IFSC Code CNRB0018053 of Canara Bank for its branch located in Koraput, within the district of Jeypore in the state of Odisha.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0018053
Branch Jeypore Ii
City Koraput
District Jeypore
State Odisha
Address Padampur Bank Street Jaipur 75501

These details helps users in online banking and for businesses and individuals who use Canara Bank in Koraput for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018053 for the Jeypore Ii branch of Canara Bank plays a vital 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, along with Canara Bank located in Jeypore Ii, Koraput, Odisha, are given a unique IFSC like CNRB0018053 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Koraput.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Koraput and Jeypore.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Canara Bank in Jeypore Ii goes to the correct branch. This is important because Canara Bank has thousands of branches in Odisha and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CNRB0018053

The format of the IFSC Code for banks, including Canara Bank, follows 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 Jeypore Ii in Koraput.

For example, the IFSC Code CNRB0018053 of Canara Bank for the Jeypore Ii branch includes these elements, identifying the bank and the branch location in Koraput and Odisha accurately.

How to Find IFSC Code for Canara Bank?

If you are looking for the IFSC Code CNRB0018053 of Canara Bank for its Jeypore Ii branch located in Koraput, 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 Koraput and Jeypore, 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 Jeypore Ii or Koraput to get the exact IFSC Code CNRB0018053.

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 Koraput, then it will provide you proper information.

How to Use IFSC Code CNRB0018053 for Online Transfers?

Once you have the IFSC Code CNRB0018053 for the Jeypore Ii branch of Canara Bank in Koraput, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0018053. 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 CNRB0018053.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Jeypore Ii in Koraput 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 Jeypore Ii, 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 Koraput to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Jeypore Ii, Koraput?

The IFSC Code is CNRB0018053.

Is the IFSC Code CNRB0018053 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 Jeypore Ii?

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 Jeypore Ii branch?

The address of the branch is Padampur Bank Street Jaipur 75501 located in Koraput, Jeypore, Odisha.

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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