According to the official information given by Canara Bank, the bank is shifting many branches of Mumbai. The bank said that 7 branches have been shifted to another branch. This includes branches of Malad, Mumbai Central, Ghatkopar etc. Let us tell you that you can also get to know about the new branch from the old bank office. Let’s check the new address of your branch-
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What will be the effect on customers?
Let us tell you that after the branch merger, all the customers whose account, their bank address, IFSC code will be changed. Let us tell you that this will not affect your bank account number, that is, your account number will remain the old one. Along with this, your MICR code will also change.
update the details
Let us tell you that after the IFSC code is changed, you will have to update it everywhere. From where you do online transactions or from where you do bank transfers. You have to update the details everywhere. If you do not update, you may face problems in transferring money.
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check book to be changed
Along with updating the IFSC Code, you will have to give your old checkbook to the bank and issue a new checkbook from there. You will get the new checkbook with the new IFSC code. After this, you can get more information from your old branch or you can also take it from the official website.