IFSC Code of Canara Bank, Podadiha, Podadiha, Odisha- CNRB0018056

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 Podadiha branch in Mayurbhanj, Podadiha, 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 CNRB0018056. 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, Podadiha, Mayurbhanj

Here are some of the key details that come with the IFSC Code CNRB0018056 of Canara Bank for its branch located in Mayurbhanj, within the district of Podadiha in the state of Odisha.

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 CNRB0018056 for the Podadiha 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 that is provided by the Reserve Bank of India. A unique IFSC like CNRB0018056 is given to every bank branch, including Canara Bank located in Podadiha, Mayurbhanj, Odisha, to make sure that online payments reach the right place.

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 kind of confusion between multiple branches of the same bank across different places like Mayurbhanj and Podadiha.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Podadiha doesn't end up at another location.

Format of the IFSC Code CNRB0018056

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 Podadiha in Mayurbhanj.

For example, the IFSC Code CNRB0018056 of Canara Bank for the Podadiha 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 CNRB0018056 of Canara Bank for its Podadiha 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

You can easily find the IFSC and MICR codes because most banks, including Canara Bank branches in Mayurbhanj and Podadiha, print them 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 Podadiha or Mayurbhanj to get the exact IFSC Code CNRB0018056.

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 CNRB0018056 for Online Transfers?

If you have the IFSC Code CNRB0018056 for the Podadiha 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 CNRB0018056. 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 CNRB0018056.

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 Podadiha 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 Podadiha, 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.