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 Rah Jamshedpur branch in East Singhbhum, Jamshedpur, Jharkhand, 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 East Singhbhum or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code CNRB0003934. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Rah Jamshedpur, East Singhbhum
Here are the main details that are associated with the IFSC Code CNRB0003934 of Canara Bank for its branch located in East Singhbhum, within the district of Jamshedpur in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0003934 |
| Branch | Rah Jamshedpur |
| City | East Singhbhum |
| District | Jamshedpur |
| State | Jharkhand |
| Address | Rah Jamshedpur,1St Floor,Gajraj Mansion,Bistupur,East Singhbhum,Jharkhand |
These details helps users in online banking and for businesses and individuals who use Canara Bank in East Singhbhum for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0003934 for the Rah Jamshedpur branch of Canara Bank plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like CNRB0003934 is given to every bank branch, including Canara Bank located in Rah Jamshedpur, East Singhbhum, Jharkhand, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in East Singhbhum.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like East Singhbhum and Jamshedpur.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Jharkhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Rah Jamshedpur doesn't end up at another location.
Format of the IFSC Code CNRB0003934
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 Rah Jamshedpur in East Singhbhum.
For example, the IFSC Code CNRB0003934 of Canara Bank for the Rah Jamshedpur branch includes these elements, identifying the bank and the branch location in East Singhbhum and Jharkhand accurately.
How to Find IFSC Code for Canara Bank?
If you are looking for the IFSC Code CNRB0003934 of Canara Bank for its Rah Jamshedpur branch located in East Singhbhum, the following methods can help:
Cheque Book
The cheque book that is issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Canara Bank branches in East Singhbhum and Jamshedpur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Canara Bank and look for the branch locator section, then search for Rah Jamshedpur or East Singhbhum to get the exact IFSC Code CNRB0003934.
Mobile Banking App
If you use Canara Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Canara Bank and East Singhbhum, then it will provide you proper information.
How to Use IFSC Code CNRB0003934 for Online Transfers?
If you have the IFSC Code CNRB0003934 for the Rah Jamshedpur branch of Canara Bank in East Singhbhum, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0003934. 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 CNRB0003934.
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 Rah Jamshedpur in East Singhbhum, it may 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 Rah Jamshedpur, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in East Singhbhum to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Rah Jamshedpur East Singhbhum branch is CNRB0003934.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Rah Jamshedpur,1St Floor,Gajraj Mansion,Bistupur,East Singhbhum,Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.