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 Udaipur Sme branch in Udaipur, Udaipur, Rajasthan, 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 Udaipur or anywhere in Rajasthan can easily transfer funds instantly by using the correct IFSC Code CNRB0004162. 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, Udaipur Sme, Udaipur
Here are the key points that are associated with the IFSC Code CNRB0004162 of Canara Bank for its branch located in Udaipur, within the district of Udaipur in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0004162 |
| Branch | Udaipur Sme |
| City | Udaipur |
| District | Udaipur |
| State | Rajasthan |
| Address | Canara Bank Star Heetawala Bldg Near Bridge Udaipur |
These details helps users in online banking and for businesses and individuals who use Canara Bank in Udaipur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0004162 for the Udaipur Sme branch of Canara Bank plays a vital 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, along with Canara Bank located in Udaipur Sme, Udaipur, Rajasthan, are allotted a unique IFSC like CNRB0004162 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Udaipur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Udaipur and Udaipur.
- 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 Udaipur Sme reaches the right place, even though there are thousands of branches in Rajasthan and across India.
Format of the IFSC Code CNRB0004162
The format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Canara Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Udaipur Sme in Udaipur.
For example, the IFSC Code CNRB0004162 of Canara Bank for the Udaipur Sme branch includes these elements, identifying the bank and the branch location in Udaipur and Rajasthan accurately.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0004162 of Canara Bank for its Udaipur Sme branch located in Udaipur, 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 Udaipur and Udaipur, 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 Udaipur Sme or Udaipur to get the exact IFSC Code CNRB0004162.
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 Udaipur, you'll get the correct details.
How to Use IFSC Code CNRB0004162 for Online Transfers?
Once you have the IFSC Code CNRB0004162 for the Udaipur Sme branch of Canara Bank in Udaipur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0004162. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 CNRB0004162.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Udaipur Sme in Udaipur, 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 Udaipur Sme, 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 Udaipur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0004162.
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 Canara Bank Star Heetawala Bldg Near Bridge Udaipur located in Udaipur, Udaipur, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.