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 Petewa branch in Mahasamund, Patewa, or Chhattisgarh, 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 Mahasamund or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code CNRB0015265. 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, Petewa, Mahasamund
Here are the main details that are associated with the IFSC Code CNRB0015265 of Canara Bank for its branch located in Mahasamund, within the district of Patewa in the state of Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0015265 |
| Branch | Petewa |
| City | Mahasamund |
| District | Patewa |
| State | Chhattisgarh |
| Address | Rajnandgaon Br Old Bus Stand Opp United Hospital Rajnandgaon Patewa Chattisgarh 491441 |
These details helps users in online banking and for businesses and individuals who use Canara Bank in Mahasamund for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0015265 for the Petewa 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, including Canara Bank located in Petewa, Mahasamund, Chhattisgarh, is provided with a unique IFSC like CNRB0015265 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Mahasamund.
- 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 Mahasamund and Patewa.
- 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 Chhattisgarh and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Petewa do not get mixed with another location.
Format of the IFSC Code CNRB0015265
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): These represent the bank code. In Canara Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Petewa in Mahasamund.
For example, the IFSC Code CNRB0015265 of Canara Bank for the Petewa branch has these elements, identifying the bank and the branch location in Mahasamund and Chhattisgarh correctly.
How to Find IFSC Code for Canara Bank?
If you are looking for the IFSC Code CNRB0015265 of Canara Bank for its Petewa branch located in Mahasamund, 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 Mahasamund and Patewa, 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 Petewa or Mahasamund to get the exact IFSC Code CNRB0015265.
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 Mahasamund, then it will provide you proper information.
How to Use IFSC Code CNRB0015265 for Online Transfers?
Once you have the IFSC Code CNRB0015265 for the Petewa branch of Canara Bank in Mahasamund, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0015265. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Canara Bank IFSC Code CNRB0015265.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Canara Bank Petewa in Mahasamund, it can 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 Petewa, 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 Mahasamund manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0015265.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Rajnandgaon Br Old Bus Stand Opp United Hospital Rajnandgaon Patewa Chattisgarh 491441 located in Mahasamund, Patewa, Chhattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.