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 Ramnagar Ii branch in Nainital, Ramnagar, Uttarakhand, 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 Nainital or anywhere in Uttarakhand can easily transfer funds instantly by using the correct IFSC Code CNRB0018984. 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, Ramnagar Ii, Nainital

Here are some of the key details that come with the IFSC Code CNRB0018984 of Canara Bank for its branch located in Nainital, within the district of Ramnagar in the state of Uttarakhand.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0018984
Branch Ramnagar Ii
City Nainital
District Ramnagar
State Uttarakhand
Address Canara Bank Ramnagar Jwalaline Distt 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 CNRB0018984 for the Ramnagar Ii 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 that is provided by the Reserve Bank of India. A unique IFSC like CNRB0018984 is given to every bank branch, including Canara Bank located in Ramnagar Ii, Nainital, Uttarakhand, to make sure that online payments reach the right place.

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 kind of confusion between multiple branches of the same bank across different places like Nainital and Ramnagar.
  • 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 Uttarakhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Ramnagar Ii doesn't end up at another location.

Format of the IFSC Code CNRB0018984

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 Ramnagar Ii in Nainital.

For example, the IFSC Code CNRB0018984 of Canara Bank for the Ramnagar Ii branch includes these elements, identifying the bank and the branch location in Nainital and Uttarakhand accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0018984 of Canara Bank for its Ramnagar Ii branch located in Nainital, 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 Nainital and Ramnagar, 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 Ramnagar Ii or Nainital to get the exact IFSC Code CNRB0018984.

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 Nainital that will provide accurate information.

How to Use IFSC Code CNRB0018984 for Online Transfers?

If you have the IFSC Code CNRB0018984 for the Ramnagar Ii branch of Canara Bank in Nainital, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0018984. Transfers are processed in batches. 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. Asks for the recipient's account details and Canara Bank IFSC Code CNRB0018984.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Canara Bank Ramnagar Ii in Nainital, it may result in delayed or failed transactions.

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 Ramnagar Ii, 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 Nainital manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank Ramnagar Ii Nainital?

The IFSC Code of the Ramnagar Ii Nainital branch is CNRB0018984.

Is IFSC Code CNRB0018984 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 Ramnagar Ii branch?

The branch is located at Canara Bank Ramnagar Jwalaline Distt Nainital Uttarakhand India 244715.

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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