For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Canara Bank for its Karanjia Ii branch in Mayurbhanj, Karanjia, Odisha, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Canara Bank located in Mayurbhanj or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CNRB0017277. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Karanjia Ii, Mayurbhanj
Here are some of the key details that come with the IFSC Code CNRB0017277 of Canara Bank for its branch located in Mayurbhanj, within the district of Karanjia in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0017277 |
| Branch | Karanjia Ii |
| City | Mayurbhanj |
| District | Karanjia |
| State | Odisha |
| Address | Plot No 182 1866 Suruchi Bhawan Infront Of Electric Office W No 04 Post Karanjia Dist Mayurbhanj Odisha India 757037 |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Mayurbhanj for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0017277 for the Karanjia Ii branch of Canara Bank plays an 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, along with Canara Bank located in Karanjia Ii, Mayurbhanj, Odisha, are allotted a unique IFSC like CNRB0017277 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Mayurbhanj.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Mayurbhanj and Karanjia.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Canara Bank in Karanjia Ii reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code CNRB0017277
The format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Canara Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Karanjia Ii in Mayurbhanj.
For example, the IFSC Code CNRB0017277 of Canara Bank for the Karanjia Ii branch includes these elements, identifying the bank and the branch location in Mayurbhanj and Odisha accurately.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0017277 of Canara Bank for its Karanjia Ii branch located in Mayurbhanj, 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 Mayurbhanj and Karanjia, 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 Karanjia Ii or Mayurbhanj to get the exact IFSC Code CNRB0017277.
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 Mayurbhanj, you'll get the correct details.
How to Use IFSC Code CNRB0017277 for Online Transfers?
Once you have the IFSC Code CNRB0017277 for the Karanjia Ii branch of Canara Bank in Mayurbhanj, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0017277. 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 CNRB0017277.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Karanjia Ii in Mayurbhanj, your payment can get delayed or might not go through at all.
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 Karanjia Ii, 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 Mayurbhanj manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Karanjia Ii Mayurbhanj branch is CNRB0017277.
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 Plot No 182 1866 Suruchi Bhawan Infront Of Electric Office W No 04 Post Karanjia Dist Mayurbhanj Odisha India 757037.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.