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Canara Bank

AQUEM - BAIXO BRANCH

+911234567890

IFSC CODE
CNRB0004765
MICR Code 403015040
Branch Code 004765
City / District FATORPA
State GOA
Office Address MUKUND RESIDENCY MANDOP AQUEM-BAIXO GOA 403602
Phone +911234567890
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Canara Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the AQUEM - BAIXO branch of Canara Bank, the code CNRB0004765 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the CNRB0004765 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"CNRB" represents Canara Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for AQUEM - BAIXO

Payment Systems Supported by CNRB0004765

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—403015040—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Canara Bank in FATORPA typically follows the RBI holiday calendar. Digital transfers via CNRB0004765 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While CNRB0004765 is the valid code for AQUEM - BAIXO at FATORPA, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Financial Tools

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Branch Context

  • • AQUEM - BAIXO Contact
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Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
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  • • IFSC Finder v2.0

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