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 Tikonia branch in Nainital, Tikonia, 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 CNRB0007532. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Tikonia, Nainital

Here are the main details that are associated with the IFSC Code CNRB0007532 of Canara Bank for its branch located in Nainital, within the district of Tikonia in the state of Uttarakhand.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0007532
Branch Tikonia
City Nainital
District Tikonia
State Uttarakhand
Address Durga City Centre,Tikonia,Haldwani,Nainital Dist,Uttarakhand-263139

These details helps users in online banking and for businesses and individuals who use Canara Bank in Nainital for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0007532 for the Tikonia 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, including Canara Bank located in Tikonia, Nainital, Uttarakhand, is provided with a unique IFSC like CNRB0007532 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 Tikonia.
  • 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 Tikonia do not get mixed with another location.

Format of the IFSC Code CNRB0007532

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): These represent the bank code. In Canara Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Tikonia in Nainital.

For example, the IFSC Code CNRB0007532 of Canara Bank for the Tikonia branch has 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 looking for the IFSC Code CNRB0007532 of Canara Bank for its Tikonia branch located in Nainital, 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 Nainital and Tikonia, 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 Tikonia or Nainital to get the exact IFSC Code CNRB0007532.

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 Nainital, then it will provide you proper information.

How to Use IFSC Code CNRB0007532 for Online Transfers?

Once you have the IFSC Code CNRB0007532 for the Tikonia branch of Canara Bank in Nainital, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0007532. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Canara Bank IFSC Code CNRB0007532.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Tikonia in Nainital, 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 Tikonia, 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)

What is the IFSC Code of Canara Bank in Tikonia, Nainital?

The IFSC Code is CNRB0007532.

Is the IFSC Code CNRB0007532 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 Tikonia?

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 Tikonia branch?

The address of the branch is Durga City Centre,Tikonia,Haldwani,Nainital Dist,Uttarakhand-263139 located in Nainital, Tikonia, Uttarakhand.

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.