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 Pune Gultekadi New Market branch in Pune, Pune, Maharashtra, 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 Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CNRB0015327. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Pune Gultekadi New Market, Pune
Here are the main details that are associated with the IFSC Code CNRB0015327 of Canara Bank for its branch located in Pune, within the district of Pune in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0015327 |
| Branch | Pune Gultekadi New Market |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| Address | New Market Road Plot No 473 By 474 Gultekdi Pune |
These details helps users in online banking and for businesses and individuals who use Canara Bank in Pune for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0015327 for the Pune Gultekadi New Market 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, along with Canara Bank located in Pune Gultekadi New Market, Pune, Maharashtra, are allotted a unique IFSC like CNRB0015327 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Pune.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Pune and Pune.
- 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 Pune Gultekadi New Market reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code CNRB0015327
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): 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 Pune Gultekadi New Market in Pune.
For example, the IFSC Code CNRB0015327 of Canara Bank for the Pune Gultekadi New Market branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra accurately.
How to Find IFSC Code for Canara Bank?
If you are looking for the IFSC Code CNRB0015327 of Canara Bank for its Pune Gultekadi New Market branch located in Pune, 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 Pune and Pune, 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 Pune Gultekadi New Market or Pune to get the exact IFSC Code CNRB0015327.
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 Pune, then it will provide you proper information.
How to Use IFSC Code CNRB0015327 for Online Transfers?
If you have the IFSC Code CNRB0015327 for the Pune Gultekadi New Market branch of Canara Bank in Pune, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0015327. 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 CNRB0015327.
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 Pune Gultekadi New Market in Pune, it may 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 Pune Gultekadi New Market, 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 Pune manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Pune Gultekadi New Market Pune branch is CNRB0015327.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at New Market Road Plot No 473 By 474 Gultekdi Pune.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.