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IFSC Code of Canara Bank, Ramdaspet,Nagpur, Nagpur, Maharashtra — CNRB0001404

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 Ramdaspet,Nagpur branch in Nagpur, Nagpur, 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 CNRB0001404. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

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

Here are some of the key details that come with the IFSC Code CNRB0001404 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 CNRB0001404
Branch Ramdaspet,Nagpur
City Nagpur
District Nagpur
State Maharashtra
Address 28, Farm Land (Ground Floor) , Central Bazar Rd, Ramdaspeth , Nagpur 440010

These details help 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 CNRB0001404 for the Ramdaspet,Nagpur 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like CNRB0001404 is given to every bank branch, including Canara Bank located in Ramdaspet,Nagpur, Nagpur, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Nagpur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Nagpur and Nagpur.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Ramdaspet,Nagpur doesn't end up at another location.

Format of the IFSC Code CNRB0001404

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 Ramdaspet,Nagpur in Nagpur.

For example, the IFSC Code CNRB0001404 of Canara Bank for the Ramdaspet,Nagpur 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 CNRB0001404 of Canara Bank for its Ramdaspet,Nagpur branch located in Nagpur, 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

Most banks, including Canara Bank branches in Nagpur and Nagpur, print the IFSC and MICR codes 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 Ramdaspet,Nagpur or Nagpur to get the exact IFSC Code CNRB0001404.

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 Nagpur, you'll get the correct details.

How to Use IFSC Code CNRB0001404 for Online Transfers?

Once you have the IFSC Code CNRB0001404 for the Ramdaspet,Nagpur 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 CNRB0001404. 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 CNRB0001404.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Ramdaspet,Nagpur in Nagpur, 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 Ramdaspet,Nagpur, 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 Nagpur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Ramdaspet,Nagpur, Nagpur?

The IFSC Code is CNRB0001404.

Is the IFSC Code CNRB0001404 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Ramdaspet,Nagpur?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Ramdaspet,Nagpur branch?

The address of the branch is 28, Farm Land (Ground Floor) , Central Bazar Rd, Ramdaspeth , Nagpur 440010 located in Nagpur, Nagpur, Maharashtra.

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.

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