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IFSC Code of Canara Bank, Parbhani, Parbhani, Maharashtra — CNRB0005939

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 Parbhani branch in Parbhani, Parbhani, 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 CNRB0005939. 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, Parbhani, Parbhani

The table below shows the main details of the IFSC Code CNRB0005939 for the Canara Bank branch in Parbhani, which falls under the Parbhani district in Maharashtra.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0005939
Branch Parbhani
City Parbhani
District Parbhani
State Maharashtra
Address Canara Bank Durgeshwari Complex Opp Surya Hosp Maharani Laxmibai Road Gawhane Chow Parbhani Maharashtra 431401

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Parbhani for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0005939 for the Parbhani branch of Canara Bank is vital.

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 Parbhani, Parbhani, Maharashtra, are given a unique IFSC like CNRB0005939 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 any kind of confusion between different branches of the same bank in places like Parbhani and Parbhani.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Canara Bank in Parbhani goes to the correct branch. This is important because Canara Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CNRB0005939

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 Parbhani in Parbhani.

For example, the IFSC Code CNRB0005939 of Canara Bank for the Parbhani 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 CNRB0005939 of Canara Bank for its Parbhani 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 Parbhani, 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 Parbhani or Parbhani to get the exact IFSC Code CNRB0005939.

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 CNRB0005939 for Online Transfers?

If you have the IFSC Code CNRB0005939 for the Parbhani branch of Canara Bank in Parbhani, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0005939. 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 CNRB0005939.

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 Parbhani in Parbhani, it may 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 Parbhani, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help 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 Parbhani, Parbhani?

The IFSC Code is CNRB0005939.

Is the IFSC Code CNRB0005939 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Parbhani?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Parbhani branch?

The address of the branch is Canara Bank Durgeshwari Complex Opp Surya Hosp Maharani Laxmibai Road Gawhane Chow Parbhani Maharashtra 431401 located in Parbhani, Parbhani, 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.

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