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 Meerut Sastri Nagar Iii branch in Meerut, Meerut, Uttar Pradesh, 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 Meerut or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code CNRB0018871. 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, Meerut Sastri Nagar Iii, Meerut
Below in the table are the key details related to IFSC Code CNRB0018871 of Canara Bank for its branch located in Meerut, within the district of Meerut in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0018871 |
| Branch | Meerut Sastri Nagar Iii |
| City | Meerut |
| District | Meerut |
| State | Uttar Pradesh |
| Address | E12 Shastri Nagar Meerut |
These details helps users in online banking and for businesses and individuals who use Canara Bank in Meerut for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018871 for the Meerut Sastri Nagar Iii branch of Canara Bank plays a vital 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 Meerut Sastri Nagar Iii, Meerut, Uttar Pradesh, are given a unique IFSC like CNRB0018871 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Meerut.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Meerut and Meerut.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Canara Bank in Meerut Sastri Nagar Iii goes to the correct branch. This is important because Canara Bank has thousands of branches in Uttar Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code CNRB0018871
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 Meerut Sastri Nagar Iii in Meerut.
For example, the IFSC Code CNRB0018871 of Canara Bank for the Meerut Sastri Nagar Iii branch includes these elements, identifying the bank and the branch location in Meerut and Uttar Pradesh accurately.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0018871 of Canara Bank for its Meerut Sastri Nagar Iii branch located in Meerut, the following methods can help you out:
Cheque Book
The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Canara Bank branches in Meerut and Meerut, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Canara Bank and go to the branch locator section. Then search for Meerut Sastri Nagar Iii or Meerut to find the exact IFSC Code CNRB0018871.
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 maintains an updated database of all IFSC codes. Searching for Canara Bank and Meerut will provide accurate information.
How to Use IFSC Code CNRB0018871 for Online Transfers?
Once you have the IFSC Code CNRB0018871 for the Meerut Sastri Nagar Iii branch of Canara Bank in Meerut, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0018871. Transfers are processed in batches. This is 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. Requires the recipient's account details and Canara Bank IFSC Code CNRB0018871.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Meerut Sastri Nagar Iii in Meerut 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 Meerut Sastri Nagar Iii, 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 Meerut to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0018871.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is E12 Shastri Nagar Meerut located in Meerut, Meerut, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.