The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Canara Bank for its Mihijam branch in Jamtara, Mihijam, Jharkhand, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Canara Bank located in Jamtara or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code CNRB0005709. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Mihijam, Jamtara

Here are some of the key details that come with the IFSC Code CNRB0005709 of Canara Bank for its branch located in Jamtara, within the district of Mihijam in the state of Jharkhand.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0005709
Branch Mihijam
City Jamtara
District Mihijam
State Jharkhand
Address Canara Bank At Post Mihijam Station Road Jamtara Mihijam Jharkhand 815354

These details helps users in online banking and for businesses and individuals who use Canara Bank in Jamtara for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0005709 for the Mihijam 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 CNRB0005709 is given to every bank branch, including Canara Bank located in Mihijam, Jamtara, 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 Jamtara.
  • 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 Jamtara and Mihijam.
  • 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 Mihijam doesn't end up at another location.

Format of the IFSC Code CNRB0005709

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 Mihijam in Jamtara.

For example, the IFSC Code CNRB0005709 of Canara Bank for the Mihijam branch includes these elements, identifying the bank and the branch location in Jamtara and Jharkhand accurately.

How to Find IFSC Code for Canara Bank?

To find the IFSC Code CNRB0005709 of Canara Bank for its Mihijam branch located in Jamtara, the following methods can help you out:

Cheque Book

The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Canara Bank branches in Jamtara and Mihijam, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Canara Bank and go to the branch locator section. Then search for Mihijam or Jamtara to find the exact IFSC Code CNRB0005709.

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 maintains an updated database of all IFSC codes. Searching for Canara Bank and Jamtara will provide accurate information.

How to Use IFSC Code CNRB0005709 for Online Transfers?

If you have the IFSC Code CNRB0005709 for the Mihijam branch of Canara Bank in Jamtara, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0005709. 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 CNRB0005709.

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 Mihijam in Jamtara, 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 Mihijam, 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 Jamtara to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank Mihijam Jamtara?

The IFSC Code of the Mihijam Jamtara branch is CNRB0005709.

Is IFSC Code CNRB0005709 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Canara Bank Mihijam branch?

The branch is located at Canara Bank At Post Mihijam Station Road Jamtara Mihijam Jharkhand 815354.

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.