There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Canara Bank for its Raipur Pachpedi Naka branch in Raipur, Raipur, Chhattisgarh, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Canara Bank situated in Raipur or anywhere in Chhattisgarh can easily transfer funds instantly by using the correct IFSC Code CNRB0017849. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Raipur Pachpedi Naka, Raipur
Here are the key points that are associated with the IFSC Code CNRB0017849 of Canara Bank for its branch located in Raipur, within the district of Raipur in the state of Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0017849 |
| Branch | Raipur Pachpedi Naka |
| City | Raipur |
| District | Raipur |
| State | Chhattisgarh |
| Address | Shp No 3 And 4 Ward No 46 Maruthi Heritage Opp Mmi Hosp Pachpendinaka Raipur Dist Chattisgarh 492001 |
These details help users in online banking and for businesses and individuals who use Canara Bank in Raipur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0017849 for the Raipur Pachpedi Naka branch of Canara Bank has a very 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 Raipur Pachpedi Naka, Raipur, Chhattisgarh, are allotted a unique IFSC like CNRB0017849 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Raipur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Raipur and Raipur.
- 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 Raipur Pachpedi Naka reaches the right place, even though there are thousands of branches in Chhattisgarh and across India.
Format of the IFSC Code CNRB0017849
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 Raipur Pachpedi Naka in Raipur.
For example, the IFSC Code CNRB0017849 of Canara Bank for the Raipur Pachpedi Naka branch includes these elements, identifying the bank and the branch location in Raipur and Chhattisgarh correctly.
How to Find IFSC Code for Canara Bank?
If you are looking for the IFSC Code CNRB0017849 of Canara Bank for its Raipur Pachpedi Naka branch located in Raipur, 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 Raipur and Raipur, 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 Raipur Pachpedi Naka or Raipur to get the exact IFSC Code CNRB0017849.
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 Raipur, then it will provide you proper information.
How to Use IFSC Code CNRB0017849 for Online Transfers?
Once you have the IFSC Code CNRB0017849 for the Raipur Pachpedi Naka branch of Canara Bank in Raipur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0017849. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 CNRB0017849.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Raipur Pachpedi Naka in Raipur, your payment can get delayed or might not go through at all.
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 Raipur Pachpedi Naka, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Raipur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Raipur Pachpedi Naka Raipur branch is CNRB0017849.
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 Shp No 3 And 4 Ward No 46 Maruthi Heritage Opp Mmi Hosp Pachpendinaka Raipur Dist Chattisgarh 492001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.