The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Canara Bank for its Nagpur Kingsway branch in Nagpur, Nagpur Kingsway, Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Canara Bank located in Nagpur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CNRB0015257. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Nagpur Kingsway, Nagpur

The table below shows the main details of the IFSC Code CNRB0015257 for the Canara Bank branch in Nagpur, which falls under the Nagpur Kingsway district in Maharashtra.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0015257
Branch Nagpur Kingsway
City Nagpur
District Nagpur Kingsway
State Maharashtra
Address 327 Kamptee Road Near Bharat Talkies Kingsway Nagpur Nagpur 440 001

These details helps users in online banking and for businesses and individuals who use Canara Bank in Nagpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0015257 for the Nagpur Kingsway 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 Nagpur Kingsway, Nagpur, Maharashtra, are allotted a unique IFSC like CNRB0015257 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 Nagpur Kingsway.
  • 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 Nagpur Kingsway reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code CNRB0015257

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 Nagpur Kingsway in Nagpur.

For example, the IFSC Code CNRB0015257 of Canara Bank for the Nagpur Kingsway branch includes these elements, identifying the bank and the branch location in Nagpur and Maharashtra accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0015257 of Canara Bank for its Nagpur Kingsway 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 Nagpur Kingsway, 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 Nagpur Kingsway or Nagpur to get the exact IFSC Code CNRB0015257.

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 CNRB0015257 for Online Transfers?

Once you have the IFSC Code CNRB0015257 for the Nagpur Kingsway branch of Canara Bank in Nagpur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0015257. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Canara Bank IFSC Code CNRB0015257.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Canara Bank Nagpur Kingsway in Nagpur, it can 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 Nagpur Kingsway, 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.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank Nagpur Kingsway Nagpur?

The IFSC Code of the Nagpur Kingsway Nagpur branch is CNRB0015257.

Is IFSC Code CNRB0015257 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Canara Bank Nagpur Kingsway branch?

The branch is located at 327 Kamptee Road Near Bharat Talkies Kingsway Nagpur Nagpur 440 001.

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.