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 Niwari branch in Tikamgarh, Niwari, or Madhya Pradesh, 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 Tikamgarh or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CNRB0005921. 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, Niwari, Tikamgarh

The table below shows the main details of the IFSC Code CNRB0005921 for the Canara Bank branch in Tikamgarh, which falls under the Niwari district in Madhya Pradesh.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0005921
Branch Niwari
City Tikamgarh
District Niwari
State Madhya Pradesh
Address Canara Bank Ward No.5 Main Road Civil Line In Front Of Police Stn Niwari Niwari Madhya Pradesh 472442

These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Tikamgarh for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0005921 for the Niwari branch of Canara Bank has an important role.

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 Niwari, Tikamgarh, Madhya Pradesh, is provided with a unique IFSC like CNRB0005921 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Tikamgarh.
  • 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 Tikamgarh and Niwari.
  • 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 Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Niwari do not get mixed with another location.

Format of the IFSC Code CNRB0005921

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 Niwari in Tikamgarh.

For example, the IFSC Code CNRB0005921 of Canara Bank for the Niwari branch includes these elements, identifying the bank and the branch location in Tikamgarh and Madhya Pradesh accurately.

How to Find IFSC Code for Canara Bank?

If you are looking for the IFSC Code CNRB0005921 of Canara Bank for its Niwari branch located in Tikamgarh, 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 Tikamgarh and Niwari, 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 Niwari or Tikamgarh to get the exact IFSC Code CNRB0005921.

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 Tikamgarh, then it will provide you proper information.

How to Use IFSC Code CNRB0005921 for Online Transfers?

Once you have the IFSC Code CNRB0005921 for the Niwari branch of Canara Bank in Tikamgarh, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0005921. The transfer is completed in batches instead of instantly. It is useful for both 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 CNRB0005921.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Niwari in Tikamgarh, your payment can get delayed or might not go through at all.

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 Niwari, 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 Tikamgarh to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Niwari, Tikamgarh?

The IFSC Code is CNRB0005921.

Is the IFSC Code CNRB0005921 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

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

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

What is the full address of the Niwari branch?

The address of the branch is Canara Bank Ward No.5 Main Road Civil Line In Front Of Police Stn Niwari Niwari Madhya Pradesh 472442 located in Tikamgarh, Niwari, Madhya Pradesh.

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.