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 Satna branch in Satna, Satna, Madhya Pradesh, 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 Satna or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code CNRB0002489. 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, Satna, Satna

Here are the key points that are associated with the IFSC Code CNRB0002489 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 CNRB0002489
Branch Satna
City Satna
District Satna
State Madhya Pradesh
Address Hotel Rajdeep Compound,, Rewa Road,, Satna 485001

These details help 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 CNRB0002489 for the Satna branch of Canara Bank has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Satna, Satna, Madhya Pradesh, is provided a unique IFSC like CNRB0002489 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Canara Bank branch in Satna.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Satna and Satna.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Satna do not get misguided to another person.

Format of the IFSC Code CNRB0002489

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 Satna in Satna.

For example, the IFSC Code CNRB0002489 of Canara Bank for the Satna branch has 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 CNRB0002489 of Canara Bank for its Satna branch located in Satna, 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 Satna and Satna, 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 Satna or Satna to get the exact IFSC Code CNRB0002489.

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 Satna that will provide accurate information.

How to Use IFSC Code CNRB0002489 for Online Transfers?

Once you have the IFSC Code CNRB0002489 for the Satna branch of Canara Bank in Satna, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0002489. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 CNRB0002489.

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

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 Satna, 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 Satna to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Satna, Satna?

The IFSC Code is CNRB0002489.

Is the IFSC Code CNRB0002489 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Canara Bank Satna?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Satna branch?

The address of the branch is Hotel Rajdeep Compound,, Rewa Road,, Satna 485001 located in Satna, Satna, Madhya Pradesh.

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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