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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Canara Bank for its Sangameshwar branch in Ratnagiri, Sangameshwar, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector 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 CNRB0005646. 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, Sangameshwar, Ratnagiri

The table below shows the main details of the IFSC Code CNRB0005646 for the Canara Bank branch in Ratnagiri, which falls under the Sangameshwar district in Maharashtra.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0005646
Branch Sangameshwar
City Ratnagiri
District Sangameshwar
State Maharashtra
Address Canara Bank Shri Samarth Krupa Nivas Mumbai Goa Highway Ratnagiri Dt Sangameshwar Maharashtra 415611

These details helps 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 CNRB0005646 for the Sangameshwar 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, including Canara Bank located in Sangameshwar, Ratnagiri, Maharashtra, is provided with a unique IFSC like CNRB0005646 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Ratnagiri.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Ratnagiri and Sangameshwar.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Sangameshwar do not get mixed with another location.

Format of the IFSC Code CNRB0005646

This is the format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Canara Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Sangameshwar in Ratnagiri.

For example, the IFSC Code CNRB0005646 of Canara Bank for the Sangameshwar branch includes these elements, identifying the bank and the branch location in Ratnagiri and Maharashtra accurately.

How to Find IFSC Code for Canara Bank?

To find the IFSC Code CNRB0005646 of Canara Bank for its Sangameshwar branch located in Ratnagiri, the following methods can help you out:

Cheque Book

The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Canara Bank branches in Ratnagiri and Sangameshwar, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Canara Bank and go to the branch locator section. Then search for Sangameshwar or Ratnagiri to find the exact IFSC Code CNRB0005646.

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 maintains an updated database of all IFSC codes. Searching for Canara Bank and Ratnagiri will provide accurate information.

How to Use IFSC Code CNRB0005646 for Online Transfers?

Once you have the IFSC Code CNRB0005646 for the Sangameshwar branch of Canara Bank in Ratnagiri, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0005646. 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 CNRB0005646.

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 Sangameshwar in Ratnagiri, it can 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 Sangameshwar, 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 Ratnagiri manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank Sangameshwar Ratnagiri?

The IFSC Code of the Sangameshwar Ratnagiri branch is CNRB0005646.

Is IFSC Code CNRB0005646 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Canara Bank Sangameshwar branch?

The branch is located at Canara Bank Shri Samarth Krupa Nivas Mumbai Goa Highway Ratnagiri Dt Sangameshwar Maharashtra 415611.

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.