For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Canara Bank for its Vejalpore branch in Valsad, Vejalpore, Gujarat, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Canara Bank located in Valsad or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code CNRB0017137. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Vejalpore, Valsad
Here are some of the key details that come with the IFSC Code CNRB0017137 of Canara Bank for its branch located in Valsad, within the district of Vejalpore in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0017137 |
| Branch | Vejalpore |
| City | Valsad |
| District | Vejalpore |
| State | Gujarat |
| Address | Shreejinagar Khergaum Road Near Parvati Motors Dhamdachi Fatak Valsad Vejalpore 396030 |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Valsad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0017137 for the Vejalpore 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 that is provided by the Reserve Bank of India. A unique IFSC like CNRB0017137 is given to every bank branch, including Canara Bank located in Vejalpore, Valsad, Gujarat, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Valsad.
- 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 Valsad and Vejalpore.
- 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Vejalpore doesn't end up at another location.
Format of the IFSC Code CNRB0017137
The format of the IFSC Code for banks, including Canara Bank, has 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 Vejalpore in Valsad.
For example, the IFSC Code CNRB0017137 of Canara Bank for the Vejalpore branch includes these elements, identifying the bank and the branch location in Valsad and Gujarat correctly.
How to Find IFSC Code for Canara Bank?
If you are looking for the IFSC Code CNRB0017137 of Canara Bank for its Vejalpore branch located in Valsad, 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 Valsad and Vejalpore, 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 Vejalpore or Valsad to get the exact IFSC Code CNRB0017137.
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 Valsad, then it will provide you proper information.
How to Use IFSC Code CNRB0017137 for Online Transfers?
Once you have the IFSC Code CNRB0017137 for the Vejalpore branch of Canara Bank in Valsad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0017137. 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 CNRB0017137.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Vejalpore in Valsad, 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 Vejalpore, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Valsad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Vejalpore Valsad branch is CNRB0017137.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Shreejinagar Khergaum Road Near Parvati Motors Dhamdachi Fatak Valsad Vejalpore 396030.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.