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 Bisra Road,Rourkela branch in Sundargarh, Raurkela, Odisha, 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 Sundargarh or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code CNRB0002564. 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, Bisra Road,Rourkela, Sundargarh
The table below shows the main details of the IFSC Code CNRB0002564 for the Canara Bank branch in Sundargarh, which falls under the Raurkela district in Odisha.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0002564 |
| Branch | Bisra Road,Rourkela |
| City | Sundargarh |
| District | Raurkela |
| State | Odisha |
| Address | Patel Complex,, I Floor,, Bisra Road, Rourkela, O R I S S A |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Sundargarh for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0002564 for the Bisra Road,Rourkela branch of Canara Bank plays an 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 Bisra Road,Rourkela, Sundargarh, Odisha, is provided a unique IFSC like CNRB0002564 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Canara Bank branch in Sundargarh.
- 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 Sundargarh and Raurkela.
- 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 Odisha and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Bisra Road,Rourkela do not get misguided to another person.
Format of the IFSC Code CNRB0002564
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 Bisra Road,Rourkela in Sundargarh.
For example, the IFSC Code CNRB0002564 of Canara Bank for the Bisra Road,Rourkela branch includes these elements, identifying the bank and the branch location in Sundargarh and Odisha correctly.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0002564 of Canara Bank for its Bisra Road,Rourkela branch located in Sundargarh, 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 Sundargarh and Raurkela, 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 Bisra Road,Rourkela or Sundargarh to find the exact IFSC Code CNRB0002564.
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 Sundargarh will provide accurate information.
How to Use IFSC Code CNRB0002564 for Online Transfers?
Once you have the IFSC Code CNRB0002564 for the Bisra Road,Rourkela branch of Canara Bank in Sundargarh, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0002564. 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 CNRB0002564.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Bisra Road,Rourkela in Sundargarh 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 Bisra Road,Rourkela, 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 Sundargarh manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0002564.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Patel Complex,, I Floor,, Bisra Road, Rourkela, O R I S S A located in Sundargarh, Raurkela, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.