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 Shegava branch in Surat, Shegava, or Gujarat, 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 Surat or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code CNRB0017173. 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, Shegava, Surat

Here are the main details that are associated with the IFSC Code CNRB0017173 of Canara Bank for its branch located in Surat, within the district of Shegava in the state of Gujarat.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0017173
Branch Shegava
City Surat
District Shegava
State Gujarat
Address Shegavagramvikas Samity Po Shegava Surat 394320

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Surat for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0017173 for the Shegava 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 Shegava, Surat, Gujarat, are allotted a unique IFSC like CNRB0017173 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Surat.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Surat and Shegava.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Canara Bank in Shegava reaches the right place, even though there are thousands of branches in Gujarat and across India.

Format of the IFSC Code CNRB0017173

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 Shegava in Surat.

For example, the IFSC Code CNRB0017173 of Canara Bank for the Shegava branch includes these elements, identifying the bank and the branch location in Surat and Gujarat accurately.

How to Find IFSC Code for Canara Bank?

To find the IFSC Code CNRB0017173 of Canara Bank for its Shegava branch located in Surat, 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 Surat and Shegava, 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 Shegava or Surat to find the exact IFSC Code CNRB0017173.

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 Surat will provide accurate information.

How to Use IFSC Code CNRB0017173 for Online Transfers?

Once you have the IFSC Code CNRB0017173 for the Shegava branch of Canara Bank in Surat, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0017173. 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 CNRB0017173.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Shegava in Surat 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 Shegava, 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 Surat to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Shegava, Surat?

The IFSC Code is CNRB0017173.

Is the IFSC Code CNRB0017173 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Shegava?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Shegava branch?

The address of the branch is Shegavagramvikas Samity Po Shegava Surat 394320 located in Surat, Shegava, Gujarat.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.