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 Mumbai Kharghar Sec Twenty branch in Raigarh, Mumbai Kharghar Sec Twenty, Maharashtra, 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 Raigarh or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CNRB0007563. 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, Mumbai Kharghar Sec Twenty, Raigarh

Here are the main details that are associated with the IFSC Code CNRB0007563 of Canara Bank for its branch located in Raigarh, within the district of Mumbai Kharghar Sec Twenty in the state of Maharashtra.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0007563
Branch Mumbai Kharghar Sec Twenty
City Raigarh
District Mumbai Kharghar Sec Twenty
State Maharashtra
Address Kesar Garden Chsl Plot No 53 Sector 20 Kharghar Navi Mumbai Raigarh Dist Maharashtra 410210

These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Raigarh for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0007563 for the Mumbai Kharghar Sec Twenty branch of Canara Bank has 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 Mumbai Kharghar Sec Twenty, Raigarh, Maharashtra, are allotted a unique IFSC like CNRB0007563 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code CNRB0007563

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 Mumbai Kharghar Sec Twenty in Raigarh.

For example, the IFSC Code CNRB0007563 of Canara Bank for the Mumbai Kharghar Sec Twenty branch includes these elements, identifying the bank and the branch location in Raigarh and Maharashtra correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0007563 of Canara Bank for its Mumbai Kharghar Sec Twenty branch located in Raigarh, 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

You can easily find the IFSC and MICR codes because most banks, including Canara Bank branches in Raigarh and Mumbai Kharghar Sec Twenty, print them 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 Mumbai Kharghar Sec Twenty or Raigarh to get the exact IFSC Code CNRB0007563.

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 Raigarh, you'll get the correct details.

How to Use IFSC Code CNRB0007563 for Online Transfers?

Once you have the IFSC Code CNRB0007563 for the Mumbai Kharghar Sec Twenty branch of Canara Bank in Raigarh, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0007563. The transfer is completed in batches instead of instantly. It is useful for both 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 CNRB0007563.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Mumbai Kharghar Sec Twenty in Raigarh, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Canara Bank in Mumbai Kharghar Sec Twenty, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Raigarh manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Mumbai Kharghar Sec Twenty, Raigarh?

The IFSC Code is CNRB0007563.

Is the IFSC Code CNRB0007563 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Mumbai Kharghar Sec Twenty?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Mumbai Kharghar Sec Twenty branch?

The address of the branch is Kesar Garden Chsl Plot No 53 Sector 20 Kharghar Navi Mumbai Raigarh Dist Maharashtra 410210 located in Raigarh, Mumbai Kharghar Sec Twenty, Maharashtra.

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.