There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Canara Bank for its Jawale branch in Satara, Javale, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Canara Bank situated in Satara or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code CNRB0001347. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Jawale, Satara

Here are the key points that are associated with the IFSC Code CNRB0001347 of Canara Bank for its branch located in Satara, within the district of Javale in the state of Maharashtra.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0001347
Branch Jawale
City Satara
District Javale
State Maharashtra
Address Near Primary Health Centre, , Tal Khandala, Jawale , Dist Satara - 412 801

These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Satara for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0001347 for the Jawale branch of Canara Bank has an 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 Jawale, Satara, Maharashtra, are given a unique IFSC like CNRB0001347 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Satara.
  • 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 Satara and Javale.
  • 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 Jawale 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 CNRB0001347

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 Jawale in Satara.

For example, the IFSC Code CNRB0001347 of Canara Bank for the Jawale branch has these elements, identifying the bank and the branch location in Satara and Maharashtra correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0001347 of Canara Bank for its Jawale branch located in Satara, 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 Satara and Javale, 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 Jawale or Satara to get the exact IFSC Code CNRB0001347.

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 Satara, you'll get the correct details.

How to Use IFSC Code CNRB0001347 for Online Transfers?

If you have the IFSC Code CNRB0001347 for the Jawale branch of Canara Bank in Satara, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0001347. Transfers are processed in batches. 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. Asks for the recipient's account details and Canara Bank IFSC Code CNRB0001347.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Canara Bank Jawale in Satara, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Canara Bank in Jawale, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Satara manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Jawale, Satara?

The IFSC Code is CNRB0001347.

Is the IFSC Code CNRB0001347 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 Jawale?

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 Jawale branch?

The address of the branch is Near Primary Health Centre, , Tal Khandala, Jawale , Dist Satara - 412 801 located in Satara, Javale, Maharashtra.

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.