For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Canara Bank for its Sidhhpur branch in Patan, Sidhpur, Gujarat, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Canara Bank located in Patan or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code CNRB0005690. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Sidhhpur, Patan
Here are the main details that are associated with the IFSC Code CNRB0005690 of Canara Bank for its branch located in Patan, within the district of Sidhpur in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0005690 |
| Branch | Sidhhpur |
| City | Patan |
| District | Sidhpur |
| State | Gujarat |
| Address | Canara Bank Tirupati Plaza Gd Floor No 120 124 Siddhpur Gidc Road Dist Patan Sidhhpur Gujarat 384151 |
These details helps users in online banking and for businesses and individuals who use Canara Bank in Patan for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0005690 for the Sidhhpur 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 Sidhhpur, Patan, Gujarat, is provided with a unique IFSC like CNRB0005690 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Patan.
- 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 Patan and Sidhpur.
- 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 Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Sidhhpur do not get mixed with another location.
Format of the IFSC Code CNRB0005690
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 Sidhhpur in Patan.
For example, the IFSC Code CNRB0005690 of Canara Bank for the Sidhhpur branch has these elements, identifying the bank and the branch location in Patan and Gujarat correctly.
How to Find IFSC Code for Canara Bank?
If you are looking for the IFSC Code CNRB0005690 of Canara Bank for its Sidhhpur branch located in Patan, 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 Patan and Sidhpur, 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 Sidhhpur or Patan to get the exact IFSC Code CNRB0005690.
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 Patan, then it will provide you proper information.
How to Use IFSC Code CNRB0005690 for Online Transfers?
Once you have the IFSC Code CNRB0005690 for the Sidhhpur branch of Canara Bank in Patan, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0005690. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 CNRB0005690.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Sidhhpur in Patan, your payment can get delayed or might not go through at all.
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 Sidhhpur, 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 Patan manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0005690.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Canara Bank Tirupati Plaza Gd Floor No 120 124 Siddhpur Gidc Road Dist Patan Sidhhpur Gujarat 384151 located in Patan, Sidhpur, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.