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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Canara Bank for its Ganj Basoda branch in Vidisha, Vidisha, Madhya Pradesh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Canara Bank located in Vidisha or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CNRB0005676. 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, Ganj Basoda, Vidisha

Below in the table are the key details related to IFSC Code CNRB0005676 of Canara Bank for its branch located in Vidisha, within the district of Vidisha in the state of Madhya Pradesh.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0005676
Branch Ganj Basoda
City Vidisha
District Vidisha
State Madhya Pradesh
Address Canara Bank Panchwati Manglik Bhawan Opp Gayatri Mandir Ward No 8 Berath Rd Madhya Pradesh 464221

These details helps users in online banking and for businesses and individuals who use Canara Bank in Vidisha for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0005676 for the Ganj Basoda branch of Canara Bank plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Ganj Basoda, Vidisha, Madhya Pradesh, is provided a unique IFSC like CNRB0005676 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Canara Bank branch in Vidisha.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Vidisha and Vidisha.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Ganj Basoda do not get misguided to another person.

Format of the IFSC Code CNRB0005676

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 Ganj Basoda in Vidisha.

For example, the IFSC Code CNRB0005676 of Canara Bank for the Ganj Basoda branch includes these elements, identifying the bank and the branch location in Vidisha and Madhya Pradesh accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0005676 of Canara Bank for its Ganj Basoda branch located in Vidisha, 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 Vidisha and Vidisha, 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 Ganj Basoda or Vidisha to get the exact IFSC Code CNRB0005676.

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 Vidisha, you'll get the correct details.

How to Use IFSC Code CNRB0005676 for Online Transfers?

Once you have the IFSC Code CNRB0005676 for the Ganj Basoda branch of Canara Bank in Vidisha, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0005676. 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 CNRB0005676.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Ganj Basoda in Vidisha may result in delayed or failed transactions.

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 Ganj Basoda, 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 Vidisha manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Ganj Basoda, Vidisha?

The IFSC Code is CNRB0005676.

Is the IFSC Code CNRB0005676 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Ganj Basoda?

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

What is the full address of the Ganj Basoda branch?

The address of the branch is Canara Bank Panchwati Manglik Bhawan Opp Gayatri Mandir Ward No 8 Berath Rd Madhya Pradesh 464221 located in Vidisha, Vidisha, 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.

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