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 Specialised Sme Branch Valiv branch in Thane, Vasai, Maharashtra, 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 Thane or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code CNRB0015464. 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, Specialised Sme Branch Valiv, Thane

The table below shows the main details of the IFSC Code CNRB0015464 for the Canara Bank branch in Thane, which falls under the Vasai district in Maharashtra.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0015464
Branch Specialised Sme Branch Valiv
City Thane
District Vasai
State Maharashtra
Address Hotel Pamposh Bldg Opp Gulani Complex Udhyog Bhavan Vajreswari Rd Maharastra 401208

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Thane for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0015464 for the Specialised Sme Branch Valiv 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, including Canara Bank located in Specialised Sme Branch Valiv, Thane, Maharashtra, is provided with a unique IFSC like CNRB0015464 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Thane.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Thane and Vasai.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Specialised Sme Branch Valiv do not get mixed with another location.

Format of the IFSC Code CNRB0015464

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): 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 Specialised Sme Branch Valiv in Thane.

For example, the IFSC Code CNRB0015464 of Canara Bank for the Specialised Sme Branch Valiv branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.

How to Find IFSC Code for Canara Bank?

If you are looking for the IFSC Code CNRB0015464 of Canara Bank for its Specialised Sme Branch Valiv branch located in Thane, the following methods can help:

Cheque Book

The cheque book that is issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Canara Bank branches in Thane and Vasai, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Canara Bank and look for the branch locator section, then search for Specialised Sme Branch Valiv or Thane to get the exact IFSC Code CNRB0015464.

Mobile Banking App

If you use Canara Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Canara Bank and Thane, then it will provide you proper information.

How to Use IFSC Code CNRB0015464 for Online Transfers?

Once you have the IFSC Code CNRB0015464 for the Specialised Sme Branch Valiv branch of Canara Bank in Thane, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0015464. 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 CNRB0015464.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Specialised Sme Branch Valiv in Thane 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 Specialised Sme Branch Valiv, 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 Thane manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank Specialised Sme Branch Valiv Thane?

The IFSC Code of the Specialised Sme Branch Valiv Thane branch is CNRB0015464.

Is IFSC Code CNRB0015464 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Canara Bank Specialised Sme Branch Valiv branch?

The branch is located at Hotel Pamposh Bldg Opp Gulani Complex Udhyog Bhavan Vajreswari Rd Maharastra 401208.

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.

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