Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Canara Bank for its Nagpur Pardi branch in Nagpur, Nagpur, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Canara Bank located in Nagpur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CNRB0007640. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Nagpur Pardi, Nagpur
Here are the main details that are associated with the IFSC Code CNRB0007640 of Canara Bank for its branch located in Nagpur, within the district of Nagpur in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0007640 |
| Branch | Nagpur Pardi |
| City | Nagpur |
| District | Nagpur |
| State | Maharashtra |
| Address | Plot No 185 Opposite Naivedhyam Eastoria Bharat Nagar Chowk Near Honda Showroom Pardi Nagpur Maharastra 440035 |
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 CNRB0007640 for the Nagpur Pardi 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 Pardi, Nagpur, Maharashtra, are allotted a unique IFSC like CNRB0007640 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.
- 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 Pardi reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code CNRB0007640
The format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Canara Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Nagpur Pardi in Nagpur.
For example, the IFSC Code CNRB0007640 of Canara Bank for the Nagpur Pardi 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 looking for the IFSC Code CNRB0007640 of Canara Bank for its Nagpur Pardi branch located in Nagpur, the following methods can help:
Cheque Book
The cheque book that is issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Canara Bank branches in Nagpur and Nagpur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Canara Bank and look for the branch locator section, then search for Nagpur Pardi or Nagpur to get the exact IFSC Code CNRB0007640.
Mobile Banking App
If you use Canara Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Canara Bank and Nagpur, then it will provide you proper information.
How to Use IFSC Code CNRB0007640 for Online Transfers?
Once you have the IFSC Code CNRB0007640 for the Nagpur Pardi branch of Canara Bank in Nagpur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0007640. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 CNRB0007640.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Nagpur Pardi in Nagpur, your payment can get delayed or might not go through at all.
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 Pardi, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Nagpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0007640.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Plot No 185 Opposite Naivedhyam Eastoria Bharat Nagar Chowk Near Honda Showroom Pardi Nagpur Maharastra 440035 located in Nagpur, Nagpur, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.