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 Raichur R O branch in Raichur, Raichur, Karnataka, 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 Raichur or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CNRB0007956. 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, Raichur R O, Raichur

Here are some of the key details that come with the IFSC Code CNRB0007956 of Canara Bank for its branch located in Raichur, within the district of Raichur in the state of Karnataka.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0007956
Branch Raichur R O
City Raichur
District Raichur
State Karnataka
Address Canara Bank 12-11-51/4B/B1,Gosheela Road,Raichur Raichur Karnataka 584102

These details helps users in online banking and for businesses and individuals who use Canara Bank in Raichur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0007956 for the Raichur R O 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 Raichur R O, Raichur, Karnataka, are allotted a unique IFSC like CNRB0007956 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Raichur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Raichur and Raichur.
  • 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 Raichur R O reaches the right place, even though there are thousands of branches in Karnataka and across India.

Format of the IFSC Code CNRB0007956

The format of the IFSC Code for banks, including Canara Bank, has 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 Raichur R O in Raichur.

For example, the IFSC Code CNRB0007956 of Canara Bank for the Raichur R O branch includes these elements, identifying the bank and the branch location in Raichur and Karnataka correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0007956 of Canara Bank for its Raichur R O branch located in Raichur, 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 Raichur and Raichur, 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 Raichur R O or Raichur to get the exact IFSC Code CNRB0007956.

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 Raichur that will provide accurate information.

How to Use IFSC Code CNRB0007956 for Online Transfers?

Once you have the IFSC Code CNRB0007956 for the Raichur R O branch of Canara Bank in Raichur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0007956. 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 CNRB0007956.

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 Raichur R O in Raichur, 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 Raichur R O, 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 Raichur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Raichur R O, Raichur?

The IFSC Code is CNRB0007956.

Is the IFSC Code CNRB0007956 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 Raichur R O?

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 Raichur R O branch?

The address of the branch is Canara Bank 12-11-51/4B/B1,Gosheela Road,Raichur Raichur Karnataka 584102 located in Raichur, Raichur, Karnataka.

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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