IFSC Code of Canara Bank, Shyampur Bhubaneshwar, Shyampur, Odisha- CNRB0018069

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Canara Bank for its Shyampur Bhubaneshwar branch in Shyampur, Shyampur, Odisha, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Canara Bank located in Shyampur or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CNRB0018069. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Shyampur Bhubaneshwar, Shyampur

Here are the key points that are associated with the IFSC Code CNRB0018069 of Canara Bank for its branch located in Shyampur, within the district of Shyampur in the state of Odisha.

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Shyampur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0018069 for the Shyampur Bhubaneshwar branch of Canara Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like CNRB0018069 is given to every bank branch, including Canara Bank located in Shyampur Bhubaneshwar, Shyampur, Odisha, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Canara Bank branch in Shyampur.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Shyampur and Shyampur.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Shyampur Bhubaneshwar doesn't end up at another location.

Format of the IFSC Code CNRB0018069

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 Shyampur Bhubaneshwar in Shyampur.

For example, the IFSC Code CNRB0018069 of Canara Bank for the Shyampur Bhubaneshwar branch includes these elements, identifying the bank and the branch location in Shyampur and Odisha correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0018069 of Canara Bank for its Shyampur Bhubaneshwar branch located in Shyampur, 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 Shyampur and Shyampur, 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 Shyampur Bhubaneshwar or Shyampur to get the exact IFSC Code CNRB0018069.

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 Shyampur that will provide accurate information.

How to Use IFSC Code CNRB0018069 for Online Transfers?

Once you have the IFSC Code CNRB0018069 for the Shyampur Bhubaneshwar branch of Canara Bank in Shyampur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0018069. 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 CNRB0018069.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Shyampur Bhubaneshwar in Shyampur, 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 Shyampur Bhubaneshwar, 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 Shyampur to handle online money transfers and get their cheques cleared smoothly.