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 Ashta Ii branch in Satna, Satna, Madhya Pradesh, 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 Satna or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CNRB0017885. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Ashta Ii, Satna
Here are the key points that are associated with the IFSC Code CNRB0017885 of Canara Bank for its branch located in Satna, within the district of Satna in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0017885 |
| Branch | Ashta Ii |
| City | Satna |
| District | Satna |
| State | Madhya Pradesh |
| Address | Plot No 109 By 1 Ward No 4 Mukhtiyar Ganj Opp Hotel Akash Satna 485 001 |
These details helps users in online banking and for businesses and individuals who use Canara Bank in Satna for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0017885 for the Ashta 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 Ashta Ii, Satna, Madhya Pradesh, is provided with a unique IFSC like CNRB0017885 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Satna.
- 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 Satna and Satna.
- 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 Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Ashta Ii do not get mixed with another location.
Format of the IFSC Code CNRB0017885
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 Ashta Ii in Satna.
For example, the IFSC Code CNRB0017885 of Canara Bank for the Ashta Ii branch includes these elements, identifying the bank and the branch location in Satna and Madhya Pradesh correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0017885 of Canara Bank for its Ashta Ii branch located in Satna, 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 Satna and Satna, 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 Ashta Ii or Satna to get the exact IFSC Code CNRB0017885.
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 Satna, you'll get the correct details.
How to Use IFSC Code CNRB0017885 for Online Transfers?
Once you have the IFSC Code CNRB0017885 for the Ashta Ii branch of Canara Bank in Satna, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0017885. 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 CNRB0017885.
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 Ashta Ii in Satna, 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 Ashta 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 Satna manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0017885.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Plot No 109 By 1 Ward No 4 Mukhtiyar Ganj Opp Hotel Akash Satna 485 001 located in Satna, Satna, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.