Following are the IFSC Code Details of Joshimath Branch Canara Bank Chamoli CNRB0018977

Which Bank IFSC Code is CNRB0018977?

IFSC Code CNRB0018977 belongs to Branch Name: Joshimath Ii of Canara Bank located at Near Indane Gas Agency Ravi Gram Joshimath Dist Chamoli Chamoli Uttarakhand 246443

What is IFSC Code?

IFSC stands for Indian Financial System Code. It’s an 11-digit alphanumeric code that uniquely identifies every bank branch in India that participates in online money transfer systems. It works as a crucial address for ensuring smooth and accurate electronic fund transfers. It acts as a crucial address for ensuring accurate electronic fund transfers.

Structure of an IFSC Code:

First 4 characters: Bank’s name (e.g., HDFC, SBI, ICICI)
5th character: Always 0 (zero)
Last 6 characters: Specific branch of the bank

Uses of IFSC Codes:

Online money transfers: NEFT, RTGS, and IMPS all require IFSC codes to specify the recipient’s bank branch.
Cheque clearance: Used for faster cheque clearance processes.
Linking bank accounts: Linking accounts for mutual funds, loan repayments, etc., often involves IFSC codes.

How to Find Your IFSC Code:

Cheque book: Printed at the top of the cheque leaf.

Bank passbook: Printed on the front page.

Bank website/app: Available in your account information.

Third-party websites: Several websites offer IFSC code search features.

Bank branch: Visit your branch for assistance.

Common Questions:

Do all bank branches have IFSC codes?

No, only those participating in online money transfer systems have IFSC codes.

Can I use the same IFSC code for all transfer types?

Yes, the IFSC code remains constant for NEFT, RTGS, and IMPS.

What happens if I enter an incorrect IFSC code?

The transfer may be delayed or returned, so double-check the code before initiating a transaction.

Can I find IFSC codes for international banks?

No, IFSC codes are specific to Indian banks. For international transfers, you’ll need SWIFT codes.

Additional Information:

IFSC codes are issued by the Reserve Bank of India (RBI).
They are essential for smooth and secure electronic fund transfers in India.
Always verify the IFSC code with the recipient before initiating a transfer to avoid errors or delays.

About Canara Bank:

Established in 1906 in Mangalore, Karnataka, Canara Bank has grown into a major Indian public sector bank. With a rich history and strong pan-India and international presence, it serves millions of individuals, businesses, and corporations across various segments.

Here are some of the key features of Canara Bank:

• ‘Overall Top Performing Bank’ in the EASE 4.0 Reforms Index for FY2021-22
• ‘Best AI & ML Bank’ among Large Banks at the Indian Banks’ Association (IBA)
• Certified as ‘Great Place to Work’ by Great Employers Pvt. Ltd.