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 Lunglei Ii branch in Lunglei, Lunglei, Mizoram, 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 Lunglei or anywhere in Mizoram can transfer funds instantly by using the correct IFSC Code CNRB0017961. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Lunglei Ii, Lunglei
Here are the main details that are associated with the IFSC Code CNRB0017961 of Canara Bank for its branch located in Lunglei, within the district of Lunglei in the state of Mizoram.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0017961 |
| Branch | Lunglei Ii |
| City | Lunglei |
| District | Lunglei |
| State | Mizoram |
| Address | C50 Super Market Sabjee Market Chanmari Lunglei Lunglei Lunglei Mizoram 796701 |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Lunglei for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0017961 for the Lunglei Ii branch of Canara Bank is vital.
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 Lunglei Ii, Lunglei, Mizoram, is provided with a unique IFSC like CNRB0017961 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Lunglei.
- 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 Lunglei and Lunglei.
- 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 Mizoram and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Lunglei Ii do not get mixed with another location.
Format of the IFSC Code CNRB0017961
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 Lunglei Ii in Lunglei.
For example, the IFSC Code CNRB0017961 of Canara Bank for the Lunglei Ii branch includes these elements, identifying the bank and the branch location in Lunglei and Mizoram correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0017961 of Canara Bank for its Lunglei Ii branch located in Lunglei, the following methods can help:
Cheque Book
The cheque books that are issued by Canara Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Canara Bank branches in Lunglei and Lunglei, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Canara Bank and find the branch locator section. Search for Lunglei Ii or Lunglei to get the exact IFSC Code CNRB0017961.
Mobile Banking App
If you use Canara Bank's mobile app, you can easily 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 to help you in searching for Canara Bank and Lunglei that will provide accurate information.
How to Use IFSC Code CNRB0017961 for Online Transfers?
Once you have the IFSC Code CNRB0017961 for the Lunglei Ii branch of Canara Bank in Lunglei, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0017961. The transfer is completed in batches instead of instantly. It is useful for both 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 CNRB0017961.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Lunglei Ii in Lunglei, your payment can get delayed or might not go through at all.
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 Lunglei Ii, 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 Lunglei manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Lunglei Ii Lunglei branch is CNRB0017961.
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 C50 Super Market Sabjee Market Chanmari Lunglei Lunglei Lunglei Mizoram 796701.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.