There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Canara Bank for its Madhupur branch in Deoghar, Madhupur, Jharkhand, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Canara Bank situated in Deoghar or anywhere in Jharkhand can easily transfer funds instantly by using the correct IFSC Code CNRB0004902. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Madhupur, Deoghar

Below in the table are the key details related to IFSC Code CNRB0004902 of Canara Bank for its branch located in Deoghar, within the district of Madhupur in the state of Jharkhand.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0004902
Branch Madhupur
City Deoghar
District Madhupur
State Jharkhand
Address Canara Bank Subhash Chowk, Ward No.6,Rajbari Road, Madhupur- 815353

These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Deoghar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0004902 for the Madhupur branch of Canara Bank plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Madhupur, Deoghar, Jharkhand, is provided a unique IFSC like CNRB0004902 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Canara Bank branch in Deoghar.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Deoghar and Madhupur.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Madhupur do not get misguided to another person.

Format of the IFSC Code CNRB0004902

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

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Canara Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Madhupur in Deoghar.

For example, the IFSC Code CNRB0004902 of Canara Bank for the Madhupur branch has these elements, identifying the bank and the branch location in Deoghar and Jharkhand correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0004902 of Canara Bank for its Madhupur branch located in Deoghar, 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 Deoghar and Madhupur, 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 Madhupur or Deoghar to get the exact IFSC Code CNRB0004902.

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 Deoghar that will provide accurate information.

How to Use IFSC Code CNRB0004902 for Online Transfers?

If you have the IFSC Code CNRB0004902 for the Madhupur branch of Canara Bank in Deoghar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0004902. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

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

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and Canara Bank IFSC Code CNRB0004902.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Canara Bank Madhupur in Deoghar, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Canara Bank in Madhupur, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Canara Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Deoghar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Madhupur, Deoghar?

The IFSC Code is CNRB0004902.

Is the IFSC Code CNRB0004902 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Madhupur?

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

What is the full address of the Madhupur branch?

The address of the branch is Canara Bank Subhash Chowk, Ward No.6,Rajbari Road, Madhupur- 815353 located in Deoghar, Madhupur, Jharkhand.

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.