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 Moga Ii branch in Moga, Moga, Punjab, 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 Moga or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code CNRB0018143. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Moga Ii, Moga
Here are some of the key details that come with the IFSC Code CNRB0018143 of Canara Bank for its branch located in Moga, within the district of Moga in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0018143 |
| Branch | Moga Ii |
| City | Moga |
| District | Moga |
| State | Punjab |
| Address | 1273 73 Kalsi Furniture Mart Opp S P Batteries Akalsar Road Moga 142001 |
These details help users in online banking and for businesses and individuals who use Canara Bank in Moga for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018143 for the Moga Ii branch of Canara Bank has a very 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 Moga Ii, Moga, Punjab, is provided a unique IFSC like CNRB0018143 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Canara Bank branch in Moga.
- 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 Moga and Moga.
- 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 Punjab and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Moga Ii do not get misguided to another person.
Format of the IFSC Code CNRB0018143
The format of the IFSC Code for banks, including Canara Bank, has 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 Moga Ii in Moga.
For example, the IFSC Code CNRB0018143 of Canara Bank for the Moga Ii branch includes these elements, identifying the bank and the branch location in Moga and Punjab correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0018143 of Canara Bank for its Moga Ii branch located in Moga, 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 Moga and Moga, 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 Moga Ii or Moga to get the exact IFSC Code CNRB0018143.
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 Moga, you'll get the correct details.
How to Use IFSC Code CNRB0018143 for Online Transfers?
Once you have the IFSC Code CNRB0018143 for the Moga Ii branch of Canara Bank in Moga, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0018143. 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 CNRB0018143.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Moga Ii in Moga, 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 Moga 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 Moga manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0018143.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 1273 73 Kalsi Furniture Mart Opp S P Batteries Akalsar Road Moga 142001 located in Moga, Moga, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.