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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Canara Bank for its Parra Goa branch in North Goa, Parra, Goa, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Canara Bank located in North Goa or anywhere in Goa can transfer funds instantly by using the correct IFSC Code CNRB0004688. 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, Parra Goa, North Goa

The table below shows the main details of the IFSC Code CNRB0004688 for the Canara Bank branch in North Goa, which falls under the Parra district in Goa.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0004688
Branch Parra Goa
City North Goa
District Parra
State Goa
Address H No 639/2 Britto Wado , Parro 403510, Bardez Goa

These details help users in online banking and for businesses and individuals who use Canara Bank in North Goa for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0004688 for the Parra Goa 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 CNRB0004688 is given to every bank branch, including Canara Bank located in Parra Goa, North Goa, Goa, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in North Goa.
  • 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 North Goa and Parra.
  • 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 Goa and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Parra Goa doesn't end up at another location.

Format of the IFSC Code CNRB0004688

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 Parra Goa in North Goa.

For example, the IFSC Code CNRB0004688 of Canara Bank for the Parra Goa branch includes these elements, identifying the bank and the branch location in North Goa and Goa correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0004688 of Canara Bank for its Parra Goa branch located in North Goa, 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 North Goa and Parra, 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 Parra Goa or North Goa to get the exact IFSC Code CNRB0004688.

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 North Goa, you'll get the correct details.

How to Use IFSC Code CNRB0004688 for Online Transfers?

Once you have the IFSC Code CNRB0004688 for the Parra Goa branch of Canara Bank in North Goa, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0004688. 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 CNRB0004688.

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 Parra Goa in North Goa, 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 Parra Goa, 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 North Goa to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Parra Goa, North Goa?

The IFSC Code is CNRB0004688.

Is the IFSC Code CNRB0004688 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 Parra Goa?

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 Parra Goa branch?

The address of the branch is H No 639/2 Britto Wado , Parro 403510, Bardez Goa located in North Goa, Parra, Goa.

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.