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 Quepem Goa branch in South Goa, Quepem, or Goa, 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 South Goa or anywhere in Goa can transfer funds instantly by using the correct IFSC Code CNRB0004689. 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, Quepem Goa, South Goa
Here are some of the key details that come with the IFSC Code CNRB0004689 of Canara Bank for its branch located in South Goa, within the district of Quepem in the state of Goa.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0004689 |
| Branch | Quepem Goa |
| City | South Goa |
| District | Quepem |
| State | Goa |
| Address | Canara Bank House No. 92,Opp Police Station Quepem Goa Quepem Goa Goa 403705 |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in South Goa for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0004689 for the Quepem Goa 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 provided by the Reserve Bank of India. Every bank branch, along with Canara Bank located in Quepem Goa, South Goa, Goa, are given a unique IFSC like CNRB0004689 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in South Goa.
- 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 South Goa and Quepem.
- 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 Quepem Goa goes to the correct branch. This is important because Canara Bank has thousands of branches in Goa and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code CNRB0004689
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 Quepem Goa in South Goa.
For example, the IFSC Code CNRB0004689 of Canara Bank for the Quepem Goa branch has these elements, identifying the bank and the branch location in South Goa and Goa correctly.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0004689 of Canara Bank for its Quepem Goa branch located in South Goa, the following methods can help you out:
Cheque Book
The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Canara Bank branches in South Goa and Quepem, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Canara Bank and go to the branch locator section. Then search for Quepem Goa or South Goa to find the exact IFSC Code CNRB0004689.
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 maintains an updated database of all IFSC codes. Searching for Canara Bank and South Goa will provide accurate information.
How to Use IFSC Code CNRB0004689 for Online Transfers?
Once you have the IFSC Code CNRB0004689 for the Quepem Goa branch of Canara Bank in South Goa, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0004689. Transfers are processed in batches. This is 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. Requires the recipient's account details and Canara Bank IFSC Code CNRB0004689.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Quepem Goa in South Goa may 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 Quepem Goa, 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 South Goa manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Quepem Goa South Goa branch is CNRB0004689.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Canara Bank House No. 92,Opp Police Station Quepem Goa Quepem Goa Goa 403705.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.