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 Raibareilly Ii branch in Raebareili, Rai Bareli, Uttar Pradesh, 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 Raebareili or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code CNRB0018724. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Raibareilly Ii, Raebareili

Here are some of the key details that come with the IFSC Code CNRB0018724 of Canara Bank for its branch located in Raebareili, within the district of Rai Bareli in the state of Uttar Pradesh.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0018724
Branch Raibareilly Ii
City Raebareili
District Rai Bareli
State Uttar Pradesh
Address Station Road Rai Bareli Rai Bareli 229 001

These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Raebareili for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018724 for the Raibareilly Ii branch of Canara Bank plays an 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 Raibareilly Ii, Raebareili, Uttar Pradesh, are allotted a unique IFSC like CNRB0018724 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Raebareili.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Raebareili and Rai Bareli.
  • 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 Raibareilly Ii reaches the right place, even though there are thousands of branches in Uttar Pradesh and across India.

Format of the IFSC Code CNRB0018724

This is the format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Canara Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Raibareilly Ii in Raebareili.

For example, the IFSC Code CNRB0018724 of Canara Bank for the Raibareilly Ii branch includes these elements, identifying the bank and the branch location in Raebareili and Uttar Pradesh accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0018724 of Canara Bank for its Raibareilly Ii branch located in Raebareili, the following methods can help:

Cheque Book

The cheque books that are issued by Canara Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Canara Bank branches in Raebareili and Rai Bareli, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Canara Bank and find the branch locator section. Search for Raibareilly Ii or Raebareili to get the exact IFSC Code CNRB0018724.

Mobile Banking App

If you use Canara Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Canara Bank and Raebareili that will provide accurate information.

How to Use IFSC Code CNRB0018724 for Online Transfers?

Once you have the IFSC Code CNRB0018724 for the Raibareilly Ii branch of Canara Bank in Raebareili, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0018724. Transfers are processed in batches. This is 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. Requires the recipient's account details and Canara Bank IFSC Code CNRB0018724.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Raibareilly Ii in Raebareili 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 Raibareilly Ii, 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 Raebareili manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Raibareilly Ii, Raebareili?

The IFSC Code is CNRB0018724.

Is the IFSC Code CNRB0018724 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 Raibareilly Ii?

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 Raibareilly Ii branch?

The address of the branch is Station Road Rai Bareli Rai Bareli 229 001 located in Raebareili, Rai Bareli, Uttar Pradesh.

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.