IFSC Code of Canara Bank, Satna Ii, Maihar, Madhya Pradesh- CNRB0017886

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Canara Bank for its Satna Ii branch in Satna, Maihar, or Madhya Pradesh, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Canara Bank located in Satna or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CNRB0017886. 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, Satna Ii, Satna

Here are some of the key details that come with the IFSC Code CNRB0017886 of Canara Bank for its branch located in Satna, within the district of Maihar in the state of Madhya Pradesh.

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 CNRB0017886 for the Satna 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 Satna Ii, Satna, Madhya Pradesh, is provided with a unique IFSC like CNRB0017886 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 Maihar.
• 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 Satna Ii do not get mixed with another location.

Format of the IFSC Code CNRB0017886

This is the format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Canara Bank, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Satna Ii in Satna.

For example, the IFSC Code CNRB0017886 of Canara Bank for the Satna Ii branch includes these elements, identifying the bank and the branch location in Satna and Madhya Pradesh accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0017886 of Canara Bank for its Satna 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 Maihar, 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 Satna Ii or Satna to get the exact IFSC Code CNRB0017886.

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 CNRB0017886 for Online Transfers?

If you have the IFSC Code CNRB0017886 for the Satna Ii branch of Canara Bank in Satna, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0017886. 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 CNRB0017886.

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 Satna Ii in Satna, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Canara Bank in Satna Ii, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Canara Bank website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Satna manage online transfers as well as cheque clearances with ease.