Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Canara Bank for its Barghutua branch in Hazaribag, Barka Kana, or Jharkhand, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Canara Bank located in Hazaribag or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code CNRB0005821. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Barghutua, Hazaribag

Here are the key points that are associated with the IFSC Code CNRB0005821 of Canara Bank for its branch located in Hazaribag, within the district of Barka Kana in the state of Jharkhand.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0005821
Branch Barghutua
City Hazaribag
District Barka Kana
State Jharkhand
Address Sri Basudeo Prasad Agarwal Main Road Ghutua Dist Ramgarh Pin 829103

These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Hazaribag for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0005821 for the Barghutua 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 Barghutua, Hazaribag, Jharkhand, is provided with a unique IFSC like CNRB0005821 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Hazaribag.
  • 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 Hazaribag and Barka Kana.
  • 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 Barghutua do not get mixed with another location.

Format of the IFSC Code CNRB0005821

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): Show the bank code. For Canara Bank, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Barghutua in Hazaribag.

For example, the IFSC Code CNRB0005821 of Canara Bank for the Barghutua branch includes these elements, identifying the bank and the branch location in Hazaribag and Jharkhand accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0005821 of Canara Bank for its Barghutua branch located in Hazaribag, 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 Hazaribag and Barka Kana, 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 Barghutua or Hazaribag to get the exact IFSC Code CNRB0005821.

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 Hazaribag, you'll get the correct details.

How to Use IFSC Code CNRB0005821 for Online Transfers?

Once you have the IFSC Code CNRB0005821 for the Barghutua branch of Canara Bank in Hazaribag, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0005821. 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 CNRB0005821.

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 Barghutua in Hazaribag, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Canara Bank in Barghutua, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Hazaribag manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Barghutua, Hazaribag?

The IFSC Code is CNRB0005821.

Is the IFSC Code CNRB0005821 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 Barghutua?

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 Barghutua branch?

The address of the branch is Sri Basudeo Prasad Agarwal Main Road Ghutua Dist Ramgarh Pin 829103 located in Hazaribag, Barka Kana, 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.