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Canara Bank

NER II BRANCH

IFSC CODE
CNRB0018933
MICR Code 175015105
Branch Code 018933
City / District MANDI
State HIMACHAL PRADESH
Office Address M S KUKA MOTORS COMPLEX NEAR MAIN CHOWK VPO NER MANDI MANDI HIMACHAL PRADESH INDIA 175008
Phone Not Available
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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 NER II branch of Canara Bank, the code CNRB0018933 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 CNRB0018933 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 NER II

Payment Systems Supported by CNRB0018933

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—175015105—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 MANDI typically follows the RBI holiday calendar. Digital transfers via CNRB0018933 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 CNRB0018933 is the valid code for NER II at MANDI, 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

  • • NER II Contact
  • • Address of Canara Bank
  • • MICR Code Finder
  • • HIMACHAL PRADESH Banking Circle

Platform Links

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  • • IFSC Finder v2.0

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