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 Sundargarh Ii branch in Sundergarh, Sundergarh, 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 Sundergarh or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code CNRB0018067. 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, Sundargarh Ii, Sundergarh
Here are some of the key details that come with the IFSC Code CNRB0018067 of Canara Bank for its branch located in Sundergarh, within the district of Sundergarh in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0018067 |
| Branch | Sundargarh Ii |
| City | Sundergarh |
| District | Sundergarh |
| State | Odisha |
| Address | Plot No 669 770 Hospital Road Sadhcipalli Sundergarh Odisha 770001 |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Sundergarh for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018067 for the Sundargarh Ii branch of Canara Bank plays an important role.
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 CNRB0018067 is given to every bank branch, including Canara Bank located in Sundargarh Ii, Sundergarh, 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 Sundergarh.
- 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 Sundergarh and Sundergarh.
- 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 Sundargarh Ii doesn't end up at another location.
Format of the IFSC Code CNRB0018067
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 Sundargarh Ii in Sundergarh.
For example, the IFSC Code CNRB0018067 of Canara Bank for the Sundargarh Ii branch has these elements, identifying the bank and the branch location in Sundergarh and Odisha correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0018067 of Canara Bank for its Sundargarh Ii branch located in Sundergarh, 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 Sundergarh and Sundergarh, 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 Sundargarh Ii or Sundergarh to get the exact IFSC Code CNRB0018067.
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 Sundergarh, you'll get the correct details.
How to Use IFSC Code CNRB0018067 for Online Transfers?
Once you have the IFSC Code CNRB0018067 for the Sundargarh Ii branch of Canara Bank in Sundergarh, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0018067. 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 CNRB0018067.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Sundargarh Ii in Sundergarh 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 Sundargarh 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 Sundergarh manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0018067.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Plot No 669 770 Hospital Road Sadhcipalli Sundergarh Odisha 770001 located in Sundergarh, Sundergarh, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.