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 Jugsalai Ii branch in Jamshedpur, Jamshedpur, 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 Jamshedpur or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code CNRB0017468. 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, Jugsalai Ii, Jamshedpur
The table below shows the main details of the IFSC Code CNRB0017468 for the Canara Bank branch in Jamshedpur, which falls under the Jamshedpur district in Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0017468 |
| Branch | Jugsalai Ii |
| City | Jamshedpur |
| District | Jamshedpur |
| State | Jharkhand |
| Address | Canara Bank Hotel Kailash Regency Buldg Station Road Jugsalai Jamshedpur Jharkhand 831002 |
These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Jamshedpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0017468 for the Jugsalai Ii branch of Canara Bank is vital.
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 CNRB0017468 is given to every bank branch, including Canara Bank located in Jugsalai Ii, Jamshedpur, 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 Jamshedpur.
- 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 Jamshedpur 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 Jugsalai Ii doesn't end up at another location.
Format of the IFSC Code CNRB0017468
The format of the IFSC Code for banks, including Canara Bank, has 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 Jugsalai Ii in Jamshedpur.
For example, the IFSC Code CNRB0017468 of Canara Bank for the Jugsalai Ii branch includes these elements, identifying the bank and the branch location in Jamshedpur and Jharkhand correctly.
How to Find IFSC Code for Canara Bank?
If you are looking for the IFSC Code CNRB0017468 of Canara Bank for its Jugsalai Ii branch located in Jamshedpur, 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 Jamshedpur 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 Jugsalai Ii or Jamshedpur to get the exact IFSC Code CNRB0017468.
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 Jamshedpur, then it will provide you proper information.
How to Use IFSC Code CNRB0017468 for Online Transfers?
Once you have the IFSC Code CNRB0017468 for the Jugsalai Ii branch of Canara Bank in Jamshedpur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0017468. 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 CNRB0017468.
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 Jugsalai Ii in Jamshedpur, 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 Jugsalai 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 Jamshedpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0017468.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Canara Bank Hotel Kailash Regency Buldg Station Road Jugsalai Jamshedpur Jharkhand 831002 located in Jamshedpur, Jamshedpur, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.