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 Overseas Branch,Moradabad branch in Moradabad, Moradabad, Uttar Pradesh, 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 Moradabad or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code CNRB0002708. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Overseas Branch,Moradabad, Moradabad
Here are the key points that are associated with the IFSC Code CNRB0002708 of Canara Bank for its branch located in Moradabad, within the district of Moradabad in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0002708 |
| Branch | Overseas Branch,Moradabad |
| City | Moradabad |
| District | Moradabad |
| State | Uttar Pradesh |
| Address | Near Majhola Police Chowk, 588/1, Majhola Delhi Road, Moradabad |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Moradabad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0002708 for the Overseas Branch,Moradabad 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 provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Overseas Branch,Moradabad, Moradabad, Uttar Pradesh, is provided with a unique IFSC like CNRB0002708 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Moradabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Moradabad and Moradabad.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Overseas Branch,Moradabad do not get mixed with another location.
Format of the IFSC Code CNRB0002708
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 Overseas Branch,Moradabad in Moradabad.
For example, the IFSC Code CNRB0002708 of Canara Bank for the Overseas Branch,Moradabad branch includes these elements, identifying the bank and the branch location in Moradabad and Uttar Pradesh accurately.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0002708 of Canara Bank for its Overseas Branch,Moradabad branch located in Moradabad, 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 Moradabad and Moradabad, 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 Overseas Branch,Moradabad or Moradabad to find the exact IFSC Code CNRB0002708.
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 Moradabad will provide accurate information.
How to Use IFSC Code CNRB0002708 for Online Transfers?
Once you have the IFSC Code CNRB0002708 for the Overseas Branch,Moradabad branch of Canara Bank in Moradabad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0002708. 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 CNRB0002708.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Overseas Branch,Moradabad in Moradabad, 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 Overseas Branch,Moradabad, 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 Moradabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Overseas Branch,Moradabad Moradabad branch is CNRB0002708.
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 Near Majhola Police Chowk, 588/1, Majhola Delhi Road, Moradabad.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.