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 Begusarai Ii branch in Begusarai, Begusarai, 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 Begusarai or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CNRB0017419. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Begusarai Ii, Begusarai

Here are the main details that are associated with the IFSC Code CNRB0017419 of Canara Bank for its branch located in Begusarai, within the district of Begusarai in the state of Bihar.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0017419
Branch Begusarai Ii
City Begusarai
District Begusarai
State Bihar
Address Near Dr S Lal Clinic Heera Lal Chowk Begusarai 851101

These details help users in online banking and for businesses and individuals who use Canara Bank in Begusarai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0017419 for the Begusarai Ii branch of Canara Bank has a very 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 Begusarai Ii, Begusarai, Bihar, is provided with a unique IFSC like CNRB0017419 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Begusarai.
  • 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 Begusarai and Begusarai.
  • 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 Begusarai Ii do not get mixed with another location.

Format of the IFSC Code CNRB0017419

The format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Canara Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Begusarai Ii in Begusarai.

For example, the IFSC Code CNRB0017419 of Canara Bank for the Begusarai Ii branch includes these elements, identifying the bank and the branch location in Begusarai and Bihar accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0017419 of Canara Bank for its Begusarai Ii branch located in Begusarai, the following methods can help:

Cheque Book

The cheque books that are issued by Canara Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Canara Bank branches in Begusarai and Begusarai, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Canara Bank and find the branch locator section. Search for Begusarai Ii or Begusarai to get the exact IFSC Code CNRB0017419.

Mobile Banking App

If you use Canara Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Canara Bank and Begusarai that will provide accurate information.

How to Use IFSC Code CNRB0017419 for Online Transfers?

Once you have the IFSC Code CNRB0017419 for the Begusarai Ii branch of Canara Bank in Begusarai, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0017419. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Canara Bank IFSC Code CNRB0017419.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Canara Bank Begusarai Ii in Begusarai, it can result in delayed or failed transactions.

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 Begusarai 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 Begusarai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Begusarai Ii, Begusarai?

The IFSC Code is CNRB0017419.

Is the IFSC Code CNRB0017419 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Begusarai Ii?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Begusarai Ii branch?

The address of the branch is Near Dr S Lal Clinic Heera Lal Chowk Begusarai 851101 located in Begusarai, Begusarai, Bihar.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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