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IFSC Code of Canara Bank, Mohali Sector, Mohali, Punjab — CNRB0007627

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Canara Bank for its Mohali Sector branch in Sahibzada Ajit Aingh Nagar, Mohali, Punjab, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Canara Bank located in Sahibzada Ajit Aingh Nagar or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code CNRB0007627. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Mohali Sector, Sahibzada Ajit Aingh Nagar

Here are the main details that are associated with the IFSC Code CNRB0007627 of Canara Bank for its branch located in Sahibzada Ajit Aingh Nagar, within the district of Mohali in the state of Punjab.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0007627
Branch Mohali Sector
City Sahibzada Ajit Aingh Nagar
District Mohali
State Punjab
Address Sco 162 163 Sector 117 Mohali Sahibzada Ajit Singh Nagar Distt Punjab 140307

These details helps users in online banking and for businesses and individuals who use Canara Bank in Sahibzada Ajit Aingh Nagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0007627 for the Mohali Sector 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 Sector, Sahibzada Ajit Aingh Nagar, Punjab, are given a unique IFSC like CNRB0007627 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Sahibzada Ajit Aingh Nagar.
  • 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 Sahibzada Ajit Aingh Nagar and 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 Sector 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 CNRB0007627

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 Sector in Sahibzada Ajit Aingh Nagar.

For example, the IFSC Code CNRB0007627 of Canara Bank for the Mohali Sector branch includes these elements, identifying the bank and the branch location in Sahibzada Ajit Aingh Nagar and Punjab correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0007627 of Canara Bank for its Mohali Sector branch located in Sahibzada Ajit Aingh Nagar, 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 Sahibzada Ajit Aingh Nagar and Mohali, 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 Mohali Sector or Sahibzada Ajit Aingh Nagar to get the exact IFSC Code CNRB0007627.

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 Sahibzada Ajit Aingh Nagar, you'll get the correct details.

How to Use IFSC Code CNRB0007627 for Online Transfers?

Once you have the IFSC Code CNRB0007627 for the Mohali Sector branch of Canara Bank in Sahibzada Ajit Aingh Nagar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0007627. 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 CNRB0007627.

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 Mohali Sector in Sahibzada Ajit Aingh Nagar, 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 Mohali Sector, 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 Sahibzada Ajit Aingh Nagar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Mohali Sector, Sahibzada Ajit Aingh Nagar?

The IFSC Code is CNRB0007627.

Is the IFSC Code CNRB0007627 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 Sector?

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 Sector branch?

The address of the branch is Sco 162 163 Sector 117 Mohali Sahibzada Ajit Singh Nagar Distt Punjab 140307 located in Sahibzada Ajit Aingh 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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