IFSC Code of Canara Bank, Latur Ii, Latur, Maharashtra- CNRB0015247

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 Latur Ii branch in Nagpur, Latur, Maharashtra, 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 Nagpur or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code CNRB0015247. 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, Latur Ii, Nagpur

Here are some of the key details that come with the IFSC Code CNRB0015247 of Canara Bank for its branch located in Nagpur, within the district of Latur in the state of Maharashtra.

These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Nagpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0015247 for the Latur Ii branch of Canara Bank has 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, along with Canara Bank located in Latur Ii, Nagpur, Maharashtra, are allotted a unique IFSC like CNRB0015247 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Nagpur.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Nagpur and Latur.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Canara Bank in Latur Ii reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code CNRB0015247

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): These represent the bank code. In Canara Bank, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Latur Ii in Nagpur.

For example, the IFSC Code CNRB0015247 of Canara Bank for the Latur Ii branch has these elements, identifying the bank and the branch location in Nagpur and Maharashtra correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0015247 of Canara Bank for its Latur Ii branch located in Nagpur, the following methods can help:

Cheque Book

The cheque books that are issued by Canara Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Canara Bank branches in Nagpur and Latur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Canara Bank and find the branch locator section. Search for Latur Ii or Nagpur to get the exact IFSC Code CNRB0015247.

Mobile Banking App

If you use Canara Bank's mobile app, you can easily 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 to help you in searching for Canara Bank and Nagpur that will provide accurate information.

How to Use IFSC Code CNRB0015247 for Online Transfers?

Once you have the IFSC Code CNRB0015247 for the Latur Ii branch of Canara Bank in Nagpur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0015247. 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 CNRB0015247.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Latur Ii in Nagpur 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 Latur Ii, 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 Nagpur to handle online money transfers and get their cheques cleared smoothly.