IFSC Code of Canara Bank, Baripada Ii, Baripada, Odisha- CNRB0018055

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Canara Bank for its Baripada Ii branch in Mayurbhanj, Baripada, Odisha, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Canara Bank located in Mayurbhanj or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CNRB0018055. 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, Baripada Ii, Mayurbhanj

Here are some of the key details that come with the IFSC Code CNRB0018055 of Canara Bank for its branch located in Mayurbhanj, within the district of Baripada in the state of Odisha.

These details help users in online banking and for businesses and individuals who use Canara Bank in Mayurbhanj for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018055 for the Baripada Ii branch of Canara Bank has a very important 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 Baripada Ii, Mayurbhanj, Odisha, is provided with a unique IFSC like CNRB0018055 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Canara Bank branch in Mayurbhanj.
• 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 Mayurbhanj and Baripada.
• 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 Odisha and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Baripada Ii do not get mixed with another location.

Format of the IFSC Code CNRB0018055

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 Baripada Ii in Mayurbhanj.

For example, the IFSC Code CNRB0018055 of Canara Bank for the Baripada Ii branch has these elements, identifying the bank and the branch location in Mayurbhanj and Odisha correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0018055 of Canara Bank for its Baripada Ii branch located in Mayurbhanj, 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 Mayurbhanj and Baripada, 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 Baripada Ii or Mayurbhanj to get the exact IFSC Code CNRB0018055.

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 Mayurbhanj that will provide accurate information.

How to Use IFSC Code CNRB0018055 for Online Transfers?

If you have the IFSC Code CNRB0018055 for the Baripada Ii branch of Canara Bank in Mayurbhanj, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0018055. 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 CNRB0018055.

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 Baripada Ii in Mayurbhanj, it 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 Baripada Ii, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Mayurbhanj manage online transfers as well as cheque clearances with ease.