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 Khalapur Khaira Patalganga Ril branch in Raigad, Patalaganga, 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 Raigad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CNRB0015216. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Khalapur Khaira Patalganga Ril, Raigad
Here are some of the key details that come with the IFSC Code CNRB0015216 of Canara Bank for its branch located in Raigad, within the district of Patalaganga in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0015216 |
| Branch | Khalapur Khaira Patalganga Ril |
| City | Raigad |
| District | Patalaganga |
| State | Maharashtra |
| Address | Reliance Industries B 4 Midc Industrial Area Patalaganga Raigad 410 220 |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Raigad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0015216 for the Khalapur Khaira Patalganga Ril 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 Khalapur Khaira Patalganga Ril, Raigad, Maharashtra, are given a unique IFSC like CNRB0015216 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Raigad.
- 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 Raigad and Patalaganga.
- 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 Khalapur Khaira Patalganga Ril 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 CNRB0015216
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 Khalapur Khaira Patalganga Ril in Raigad.
For example, the IFSC Code CNRB0015216 of Canara Bank for the Khalapur Khaira Patalganga Ril branch has these elements, identifying the bank and the branch location in Raigad and Maharashtra correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0015216 of Canara Bank for its Khalapur Khaira Patalganga Ril branch located in Raigad, the following methods can help:
Cheque Book
The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Canara Bank branches in Raigad and Patalaganga, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Canara Bank and navigate to the branch locator section. Search for Khalapur Khaira Patalganga Ril or Raigad to get the exact IFSC Code CNRB0015216.
Mobile Banking App
If you use Canara Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Canara Bank and Raigad, you'll get the correct details.
How to Use IFSC Code CNRB0015216 for Online Transfers?
If you have the IFSC Code CNRB0015216 for the Khalapur Khaira Patalganga Ril branch of Canara Bank in Raigad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0015216. 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 CNRB0015216.
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 Khalapur Khaira Patalganga Ril in Raigad, 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 Khalapur Khaira Patalganga Ril, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Raigad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Khalapur Khaira Patalganga Ril Raigad branch is CNRB0015216.
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 Reliance Industries B 4 Midc Industrial Area Patalaganga Raigad 410 220.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.