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Canara Bank

CHELEN CHUNT NAR BRANCH

+919419400225

IFSC CODE
CNRB0007312
MICR Code
Branch Code 007312
City / District BUDGAM
State JAMMU AND KASHMIR
Office Address CHELEN CHUNT NAR CHARI SHREEF BUDGAM JAMMU AND KASHMIR 191112
Phone +919419400225
📍 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 CHELEN CHUNT NAR branch of Canara Bank, the code CNRB0007312 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 CNRB0007312 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 CHELEN CHUNT NAR

Payment Systems Supported by CNRB0007312

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——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 BUDGAM typically follows the RBI holiday calendar. Digital transfers via CNRB0007312 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 CNRB0007312 is the valid code for CHELEN CHUNT NAR at BUDGAM, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

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Financial Tools

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Branch Context

  • • CHELEN CHUNT NAR Contact
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  • • MICR Code Finder
  • • JAMMU AND KASHMIR Banking Circle

Platform Links

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  • • IFSC Finder v2.0

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