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 Suleipat branch in Mayurbhanj, Sulaipet, Odisha, 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 Mayurbhanj or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CNRB0001732. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Suleipat, Mayurbhanj
Here are some of the key details that come with the IFSC Code CNRB0001732 of Canara Bank for its branch located in Mayurbhanj, within the district of Sulaipet in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0001732 |
| Branch | Suleipat |
| City | Mayurbhanj |
| District | Sulaipet |
| State | Odisha |
| Address | At/ Po - Sulaipet , Via Rairangpur, Dist Mayubhanj (Orissa) - 757043 |
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 CNRB0001732 for the Suleipat branch of Canara Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Suleipat, Mayurbhanj, Odisha, is provided a unique IFSC like CNRB0001732 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Canara Bank branch in Mayurbhanj.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Mayurbhanj and Sulaipet.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Odisha and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Suleipat do not get misguided to another person.
Format of the IFSC Code CNRB0001732
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 Suleipat in Mayurbhanj.
For example, the IFSC Code CNRB0001732 of Canara Bank for the Suleipat 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 CNRB0001732 of Canara Bank for its Suleipat 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 Sulaipet, 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 Suleipat or Mayurbhanj to get the exact IFSC Code CNRB0001732.
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 CNRB0001732 for Online Transfers?
Once you have the IFSC Code CNRB0001732 for the Suleipat branch of Canara Bank in Mayurbhanj, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0001732. 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 CNRB0001732.
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 Suleipat in Mayurbhanj, it can 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 Suleipat, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Mayurbhanj to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Suleipat Mayurbhanj branch is CNRB0001732.
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 At/ Po - Sulaipet , Via Rairangpur, Dist Mayubhanj (Orissa) - 757043.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.