For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Canara Bank for its Aurangabad Ii branch in Aurangabad Bihar, Aurangabad Bihr, Bihar, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Canara Bank located in Aurangabad Bihar or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CNRB0017416. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Aurangabad Ii, Aurangabad Bihar
Below in the table are the key details related to IFSC Code CNRB0017416 of Canara Bank for its branch located in Aurangabad Bihar, within the district of Aurangabad Bihr in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0017416 |
| Branch | Aurangabad Ii |
| City | Aurangabad Bihar |
| District | Aurangabad Bihr |
| State | Bihar |
| Address | New Area M G Road Opposite Sun Shine Petrol Bunk Aurangabad Bihar Aurangabad Bihar Bihar 824101 |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Aurangabad Bihar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0017416 for the Aurangabad Ii branch of Canara Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Aurangabad Ii, Aurangabad Bihar, Bihar, is provided with a unique IFSC like CNRB0017416 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Aurangabad Bihar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Aurangabad Bihar and Aurangabad Bihr.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Bihar and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Aurangabad Ii do not get mixed with another location.
Format of the IFSC Code CNRB0017416
This is the format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Canara Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Aurangabad Ii in Aurangabad Bihar.
For example, the IFSC Code CNRB0017416 of Canara Bank for the Aurangabad Ii branch includes these elements, identifying the bank and the branch location in Aurangabad Bihar and Bihar accurately.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0017416 of Canara Bank for its Aurangabad Ii branch located in Aurangabad Bihar, the following methods can help:
Cheque Book
The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Canara Bank branches in Aurangabad Bihar and Aurangabad Bihr, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Canara Bank and navigate to the branch locator section. Search for Aurangabad Ii or Aurangabad Bihar to get the exact IFSC Code CNRB0017416.
Mobile Banking App
If you use Canara Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Canara Bank and Aurangabad Bihar, you'll get the correct details.
How to Use IFSC Code CNRB0017416 for Online Transfers?
Once you have the IFSC Code CNRB0017416 for the Aurangabad Ii branch of Canara Bank in Aurangabad Bihar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0017416. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Canara Bank IFSC Code CNRB0017416.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Aurangabad Ii in Aurangabad Bihar, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Canara Bank in Aurangabad Ii, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Canara Bank website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Aurangabad Bihar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0017416.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is New Area M G Road Opposite Sun Shine Petrol Bunk Aurangabad Bihar Aurangabad Bihar Bihar 824101 located in Aurangabad Bihar, Aurangabad Bihr, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.