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IFSC Code of Canara Bank, Sangrur Ii, Sangrur, Punjab — CNRB0018176

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 Sangrur Ii branch in Sangrur, Sangrur, Punjab, 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 Sangrur or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code CNRB0018176. 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, Sangrur Ii, Sangrur

The table below shows the main details of the IFSC Code CNRB0018176 for the Canara Bank branch in Sangrur, which falls under the Sangrur district in Punjab.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0018176
Branch Sangrur Ii
City Sangrur
District Sangrur
State Punjab
Address B 207 Ward No 3 Opp Patwar Khana Main Rd Sangrur 148001

These details helps users in online banking and for businesses and individuals who use Canara Bank in Sangrur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018176 for the Sangrur Ii 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 Sangrur Ii, Sangrur, Punjab, is provided with a unique IFSC like CNRB0018176 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Sangrur.
  • 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 Sangrur and Sangrur.
  • 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 Punjab and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Sangrur Ii do not get mixed with another location.

Format of the IFSC Code CNRB0018176

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 Sangrur Ii in Sangrur.

For example, the IFSC Code CNRB0018176 of Canara Bank for the Sangrur Ii branch has these elements, identifying the bank and the branch location in Sangrur and Punjab correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0018176 of Canara Bank for its Sangrur Ii branch located in Sangrur, 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

Most banks, including Canara Bank branches in Sangrur and Sangrur, print the IFSC and MICR codes 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 Sangrur Ii or Sangrur to get the exact IFSC Code CNRB0018176.

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 Sangrur, you'll get the correct details.

How to Use IFSC Code CNRB0018176 for Online Transfers?

Once you have the IFSC Code CNRB0018176 for the Sangrur Ii branch of Canara Bank in Sangrur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0018176. Transfers are processed in batches. This is suitable for 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 CNRB0018176.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Sangrur Ii in Sangrur may 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 Sangrur Ii, 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 Sangrur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Sangrur Ii, Sangrur?

The IFSC Code is CNRB0018176.

Is the IFSC Code CNRB0018176 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Sangrur Ii?

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

What is the full address of the Sangrur Ii branch?

The address of the branch is B 207 Ward No 3 Opp Patwar Khana Main Rd Sangrur 148001 located in Sangrur, Sangrur, 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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