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 Pirumadara branch in Nainital, Nainital, Uttarakhand, 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 Nainital or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code CNRB0018999. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Pirumadara, Nainital
Below in the table are the key details related to IFSC Code CNRB0018999 of Canara Bank for its branch located in Nainital, within the district of Nainital in the state of Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0018999 |
| Branch | Pirumadara |
| City | Nainital |
| District | Nainital |
| State | Uttarakhand |
| Address | Canara Bank Aam Pokhra Peeru Madara Distt Nainital Nainital Uttarakhand India 244715 |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Nainital for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018999 for the Pirumadara 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 Pirumadara, Nainital, Uttarakhand, is provided with a unique IFSC like CNRB0018999 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Nainital.
- 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 Nainital and Nainital.
- 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 Uttarakhand and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Pirumadara do not get mixed with another location.
Format of the IFSC Code CNRB0018999
The format of the IFSC Code for banks, including Canara Bank, has 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 Pirumadara in Nainital.
For example, the IFSC Code CNRB0018999 of Canara Bank for the Pirumadara branch includes these elements, identifying the bank and the branch location in Nainital and Uttarakhand correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0018999 of Canara Bank for its Pirumadara branch located in Nainital, 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
You can easily find the IFSC and MICR codes because most banks, including Canara Bank branches in Nainital and Nainital, print them 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 Pirumadara or Nainital to get the exact IFSC Code CNRB0018999.
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 Nainital, you'll get the correct details.
How to Use IFSC Code CNRB0018999 for Online Transfers?
Once you have the IFSC Code CNRB0018999 for the Pirumadara branch of Canara Bank in Nainital, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0018999. 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 CNRB0018999.
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 Pirumadara in Nainital, 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 Pirumadara, 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 Nainital to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0018999.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Canara Bank Aam Pokhra Peeru Madara Distt Nainital Nainital Uttarakhand India 244715 located in Nainital, Nainital, Uttarakhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.