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 Sonaili branch in Katihar, Sonali Bazar, Bihar, 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 Katihar or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CNRB0005244. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Sonaili, Katihar

Here are some of the key details that come with the IFSC Code CNRB0005244 of Canara Bank for its branch located in Katihar, within the district of Sonali Bazar in the state of Bihar.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0005244
Branch Sonaili
City Katihar
District Sonali Bazar
State Bihar
Address Canara Bank At And Po Sonaili Main Road Sonaili ,Ps -Kadwan, Bihar 855114

These details help users in online banking and for businesses and individuals who use Canara Bank in Katihar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0005244 for the Sonaili branch of Canara Bank has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Sonaili, Katihar, Bihar, is provided a unique IFSC like CNRB0005244 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Canara Bank branch in Katihar.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Katihar and Sonali Bazar.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Bihar and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Sonaili do not get misguided to another person.

Format of the IFSC Code CNRB0005244

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 Sonaili in Katihar.

For example, the IFSC Code CNRB0005244 of Canara Bank for the Sonaili branch includes these elements, identifying the bank and the branch location in Katihar and Bihar accurately.

How to Find IFSC Code for Canara Bank?

If you are looking for the IFSC Code CNRB0005244 of Canara Bank for its Sonaili branch located in Katihar, 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 Katihar and Sonali Bazar, 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 Sonaili or Katihar to get the exact IFSC Code CNRB0005244.

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 Katihar, then it will provide you proper information.

How to Use IFSC Code CNRB0005244 for Online Transfers?

Once you have the IFSC Code CNRB0005244 for the Sonaili branch of Canara Bank in Katihar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0005244. 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 CNRB0005244.

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

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Sonaili, Katihar?

The IFSC Code is CNRB0005244.

Is the IFSC Code CNRB0005244 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Sonaili?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Sonaili branch?

The address of the branch is Canara Bank At And Po Sonaili Main Road Sonaili ,Ps -Kadwan, Bihar 855114 located in Katihar, Sonali Bazar, Bihar.

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.