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 Matrukha branch in Giridih, Giridih, 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 Giridih or anywhere in Jharkhand can easily transfer funds instantly by using the correct IFSC Code CNRB0006294. 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, Matrukha, Giridih

Here are the key points that are associated with the IFSC Code CNRB0006294 of Canara Bank for its branch located in Giridih, within the district of Giridih in the state of Jharkhand.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0006294
Branch Matrukha
City Giridih
District Giridih
State Jharkhand
Address Canara Bank Near Matrukha Middle School,Vill And Po Matrukha,Giridih Dist,Matrukha Jharkhand 815311

These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Giridih for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0006294 for the Matrukha branch of Canara Bank has 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 Matrukha, Giridih, Jharkhand, is provided with a unique IFSC like CNRB0006294 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Giridih.
  • 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 Giridih and Giridih.
  • 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 Jharkhand and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Matrukha do not get mixed with another location.

Format of the IFSC Code CNRB0006294

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 Matrukha in Giridih.

For example, the IFSC Code CNRB0006294 of Canara Bank for the Matrukha branch includes these elements, identifying the bank and the branch location in Giridih and Jharkhand accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0006294 of Canara Bank for its Matrukha branch located in Giridih, 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

You can easily find the IFSC and MICR codes because most banks, including Canara Bank branches in Giridih and Giridih, print them 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 Matrukha or Giridih to get the exact IFSC Code CNRB0006294.

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 Giridih, you'll get the correct details.

How to Use IFSC Code CNRB0006294 for Online Transfers?

Once you have the IFSC Code CNRB0006294 for the Matrukha branch of Canara Bank in Giridih, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0006294. Transfers are processed in batches. This is 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. Requires the recipient's account details and Canara Bank IFSC Code CNRB0006294.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Matrukha in Giridih 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 Matrukha, 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 Giridih to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Matrukha, Giridih?

The IFSC Code is CNRB0006294.

Is the IFSC Code CNRB0006294 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 Matrukha?

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 Matrukha branch?

The address of the branch is Canara Bank Near Matrukha Middle School,Vill And Po Matrukha,Giridih Dist,Matrukha Jharkhand 815311 located in Giridih, Giridih, 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.

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