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 Gangakhed branch in Parbhani, Gangakhed, Maharashtra, 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 Parbhani or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CNRB0015311. 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, Gangakhed, Parbhani

Here are some of the key details that come with the IFSC Code CNRB0015311 of Canara Bank for its branch located in Parbhani, within the district of Gangakhed in the state of Maharashtra.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0015311
Branch Gangakhed
City Parbhani
District Gangakhed
State Maharashtra
Address M C House No 11 3 2 Near Hdfc Bank Doctor Lane Bank Lane Gangakhed Dist Parbhani Maharastra India 431514

These details help users in online banking and for businesses and individuals who use Canara Bank in Parbhani for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0015311 for the Gangakhed 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 provided by the Reserve Bank of India. Every bank branch, along with Canara Bank located in Gangakhed, Parbhani, Maharashtra, are allotted a unique IFSC like CNRB0015311 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Parbhani.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Parbhani and Gangakhed.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Canara Bank in Gangakhed reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code CNRB0015311

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 Gangakhed in Parbhani.

For example, the IFSC Code CNRB0015311 of Canara Bank for the Gangakhed branch includes these elements, identifying the bank and the branch location in Parbhani and Maharashtra accurately.

How to Find IFSC Code for Canara Bank?

If you are looking for the IFSC Code CNRB0015311 of Canara Bank for its Gangakhed branch located in Parbhani, 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 Parbhani and Gangakhed, 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 Gangakhed or Parbhani to get the exact IFSC Code CNRB0015311.

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 Parbhani, then it will provide you proper information.

How to Use IFSC Code CNRB0015311 for Online Transfers?

Once you have the IFSC Code CNRB0015311 for the Gangakhed branch of Canara Bank in Parbhani, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0015311. 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 CNRB0015311.

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 Gangakhed in Parbhani, it can 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 Gangakhed, 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 Parbhani manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Gangakhed, Parbhani?

The IFSC Code is CNRB0015311.

Is the IFSC Code CNRB0015311 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 Gangakhed?

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 Gangakhed branch?

The address of the branch is M C House No 11 3 2 Near Hdfc Bank Doctor Lane Bank Lane Gangakhed Dist Parbhani Maharastra India 431514 located in Parbhani, Gangakhed, 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.