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IFSC Code of Canara Bank, Mohali Shivalik Public School, Sas Nagar(Mohali), Punjab — CNRB0008428

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 Mohali Shivalik Public School branch in Rupnagar, Sas Nagar(Mohali), or Punjab, 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 Rupnagar or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code CNRB0008428. 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, Mohali Shivalik Public School, Rupnagar

Here are the key points that are associated with the IFSC Code CNRB0008428 of Canara Bank for its branch located in Rupnagar, within the district of Sas Nagar(Mohali) in the state of Punjab.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0008428
Branch Mohali Shivalik Public School
City Rupnagar
District Sas Nagar(Mohali)
State Punjab
Address Mohali Shivalik Public School, Sector 56, Phase 6, Mohali - 160056

These details helps users in online banking and for businesses and individuals who use Canara Bank in Rupnagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0008428 for the Mohali Shivalik Public School 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, along with Canara Bank located in Mohali Shivalik Public School, Rupnagar, Punjab, are given a unique IFSC like CNRB0008428 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Rupnagar.
  • 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 Rupnagar and Sas Nagar(Mohali).
  • 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 Mohali Shivalik Public School goes to the correct branch. This is important because Canara Bank has thousands of branches in Punjab and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CNRB0008428

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 Mohali Shivalik Public School in Rupnagar.

For example, the IFSC Code CNRB0008428 of Canara Bank for the Mohali Shivalik Public School branch includes these elements, identifying the bank and the branch location in Rupnagar and Punjab correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0008428 of Canara Bank for its Mohali Shivalik Public School branch located in Rupnagar, the following methods can help:

Cheque Book

The cheque books that are issued by Canara Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Canara Bank branches in Rupnagar and Sas Nagar(Mohali), print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Canara Bank and find the branch locator section. Search for Mohali Shivalik Public School or Rupnagar to get the exact IFSC Code CNRB0008428.

Mobile Banking App

If you use Canara Bank's mobile app, you can easily 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 to help you in searching for Canara Bank and Rupnagar that will provide accurate information.

How to Use IFSC Code CNRB0008428 for Online Transfers?

Once you have the IFSC Code CNRB0008428 for the Mohali Shivalik Public School branch of Canara Bank in Rupnagar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0008428. 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 CNRB0008428.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Mohali Shivalik Public School in Rupnagar, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Canara Bank in Mohali Shivalik Public School, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Canara Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Rupnagar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Mohali Shivalik Public School, Rupnagar?

The IFSC Code is CNRB0008428.

Is the IFSC Code CNRB0008428 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Mohali Shivalik Public School?

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

What is the full address of the Mohali Shivalik Public School branch?

The address of the branch is Mohali Shivalik Public School, Sector 56, Phase 6, Mohali - 160056 located in Rupnagar, Sas Nagar(Mohali), Punjab.

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.

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