CHANGES IN IFSC CODE
How to change the bank’s IFSC Codes?
In India last year many small banks were merged with big banks. Banks have declared the IFSC code and check books of the smaller banks thus linked invalid. Many small public sector banks have merged with large banks to cope with the financial crisis of most banks. In that sense Canara Bank was merged with Syndicate Bank.
Old IFSC lines do not work
Thus several public sector banks including Syndicate Bank, Allahabad Bank, Dena Bank, United Bank of India, Vijaya Bank, The Oriental Bank of Commerce, Andhra Bank, Corporation Bank were merged. These banks have made it possible to access its IFC codes on the websites of the above banks. It is noteworthy that it has already been announced that these lines will not work from July.
Cannot make transaction
Thus customers of the above mentioned affiliated small public sector banks will not be able to avail RTGS, IMPS, NEFT services done through Net Banking Customers can avail the above services at the affiliated bank branches or on the websites of the banks.
IFSC CODE
Otherwise you can go to https://canarabank.com/IFSC.html and click on it to enter the IFSC lines of your old Syndicate Bank and click to get the new IFSC code. If not, you can contact Canara Bank Customer Service Center at 18004250018.
Other bank customers have similarly facilitated access to these IFSC lines at each bank through the website and through the toll free number. If you belong to one of the above banks, you will be able to make online transactions from your bank account only if you change it soon.
5 DAYS BANK HOLIDAYS
Due to the declining corona epidemic in India, people and trade have begun to return to normal. But all government offices and banks are fully operational. Banks that used to reduce the number of employees and reduce working hours during the Corona period are now fully operational due to the reduction of lockdown restrictions. In this scenario banks in many parts of the country have announced holidays for the next 5 days for various reason.
Bank Holidays
In some states of the country alone, banks have announced about 15 days of bank holidays in July, based on bank holidays announced by the Reserve Bank. As a result, the people of the area are unable to use the banking services when needed.
A series of bank holidays,for example, in Dehradun on July 16 due to Harela Puja. This is followed by a one-day break on Saturday, Sunday, followed by a bank holiday on July 21 following Bakreed.
Tamil Nadu Holiday
Unlike other states, Tamil Nadu does not have a series of holidays, and the banks have been given a holiday only on July 21, the day of the Bakrit festival. In addition, banks are fully operational on all working days in July.