There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Canara Bank for its Ghatal branch in Medinipur, Ghatal, West Bengal, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Canara Bank situated in Medinipur or anywhere in West Bengal can easily transfer funds instantly by using the correct IFSC Code CNRB0019724. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Ghatal, Medinipur

Below in the table are the key details related to IFSC Code CNRB0019724 of Canara Bank for its branch located in Medinipur, within the district of Ghatal in the state of West Bengal.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0019724
Branch Ghatal
City Medinipur
District Ghatal
State West Bengal
Address Ward No 17 Vill Kushpota Po Ghatal Paschim Medinipur Ghatal West Bengal India 721212

These details helps users in online banking and for businesses and individuals who use Canara Bank in Medinipur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0019724 for the Ghatal branch of Canara Bank plays a vital 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 Ghatal, Medinipur, West Bengal, is provided a unique IFSC like CNRB0019724 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Canara Bank branch in Medinipur.
  • 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 Medinipur and Ghatal.
  • 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 West Bengal and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Ghatal do not get misguided to another person.

Format of the IFSC Code CNRB0019724

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 Ghatal in Medinipur.

For example, the IFSC Code CNRB0019724 of Canara Bank for the Ghatal branch includes these elements, identifying the bank and the branch location in Medinipur and West Bengal accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0019724 of Canara Bank for its Ghatal branch located in Medinipur, 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 Medinipur and Ghatal, 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 Ghatal or Medinipur to get the exact IFSC Code CNRB0019724.

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 Medinipur, you'll get the correct details.

How to Use IFSC Code CNRB0019724 for Online Transfers?

Once you have the IFSC Code CNRB0019724 for the Ghatal branch of Canara Bank in Medinipur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0019724. 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 CNRB0019724.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Ghatal in Medinipur, your payment can get delayed or might not go through at all.

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 Ghatal, 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 Medinipur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Ghatal, Medinipur?

The IFSC Code is CNRB0019724.

Is the IFSC Code CNRB0019724 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Ghatal?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Ghatal branch?

The address of the branch is Ward No 17 Vill Kushpota Po Ghatal Paschim Medinipur Ghatal West Bengal India 721212 located in Medinipur, Ghatal, West Bengal.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.