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 Varanasi Mahmoorganj branch in Varanasi, Varanasi, or Uttar 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 Varanasi or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code CNRB0019859. 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, Varanasi Mahmoorganj, Varanasi
Below in the table are the key details related to IFSC Code CNRB0019859 of Canara Bank for its branch located in Varanasi, within the district of Varanasi in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0019859 |
| Branch | Varanasi Mahmoorganj |
| City | Varanasi |
| District | Varanasi |
| State | Uttar Pradesh |
| Address | No B 38 3A 2 Near Satyam Plaza Mahmoorganj Varanasi Uttar Pradesh 221010 |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Varanasi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0019859 for the Varanasi Mahmoorganj 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 CNRB0019859 is given to every bank branch, including Canara Bank located in Varanasi Mahmoorganj, Varanasi, Uttar Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Varanasi.
- 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 Varanasi and Varanasi.
- 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 Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Varanasi Mahmoorganj doesn't end up at another location.
Format of the IFSC Code CNRB0019859
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): These represent the bank code. In Canara Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Varanasi Mahmoorganj in Varanasi.
For example, the IFSC Code CNRB0019859 of Canara Bank for the Varanasi Mahmoorganj branch has these elements, identifying the bank and the branch location in Varanasi and Uttar Pradesh correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0019859 of Canara Bank for its Varanasi Mahmoorganj branch located in Varanasi, 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
Most banks, including Canara Bank branches in Varanasi and Varanasi, print the IFSC and MICR codes 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 Varanasi Mahmoorganj or Varanasi to get the exact IFSC Code CNRB0019859.
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 Varanasi, you'll get the correct details.
How to Use IFSC Code CNRB0019859 for Online Transfers?
Once you have the IFSC Code CNRB0019859 for the Varanasi Mahmoorganj branch of Canara Bank in Varanasi, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0019859. 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 CNRB0019859.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Varanasi Mahmoorganj in Varanasi, 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 Varanasi Mahmoorganj, 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 Varanasi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0019859.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is No B 38 3A 2 Near Satyam Plaza Mahmoorganj Varanasi Uttar Pradesh 221010 located in Varanasi, Varanasi, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.