IFSC Code of Canara Bank, Ratnagiri (Maharashtra), Ratnagiri, Maharashtra- CNRB0001398

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 Ratnagiri (Maharashtra) branch in Ratnagiri, Ratnagiri, 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 Ratnagiri or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CNRB0001398. 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, Ratnagiri (Maharashtra), Ratnagiri

Here are the key points that are associated with the IFSC Code CNRB0001398 of Canara Bank for its branch located in Ratnagiri, within the district of Ratnagiri in the state of Maharashtra.

These details help users in online banking and for businesses and individuals who use Canara Bank in Ratnagiri for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0001398 for the Ratnagiri (Maharashtra) 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 Ratnagiri (Maharashtra), Ratnagiri, Maharashtra, are given a unique IFSC like CNRB0001398 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Ratnagiri.
• 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 Ratnagiri and Ratnagiri.
• 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 Ratnagiri (Maharashtra) 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 CNRB0001398

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 Ratnagiri (Maharashtra) in Ratnagiri.

For example, the IFSC Code CNRB0001398 of Canara Bank for the Ratnagiri (Maharashtra) branch has these elements, identifying the bank and the branch location in Ratnagiri and Maharashtra correctly.

How to Find IFSC Code for Canara Bank?

If you are looking for the IFSC Code CNRB0001398 of Canara Bank for its Ratnagiri (Maharashtra) branch located in Ratnagiri, 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 Ratnagiri and Ratnagiri, 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 Ratnagiri (Maharashtra) or Ratnagiri to get the exact IFSC Code CNRB0001398.

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 Ratnagiri, then it will provide you proper information.

How to Use IFSC Code CNRB0001398 for Online Transfers?

Once you have the IFSC Code CNRB0001398 for the Ratnagiri (Maharashtra) branch of Canara Bank in Ratnagiri, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0001398. 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 CNRB0001398.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Ratnagiri (Maharashtra) in Ratnagiri, 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 Ratnagiri (Maharashtra), 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 Ratnagiri to handle online money transfers and get their cheques cleared smoothly.