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 Motihari Ii branch in Motihari, Motihari, 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 Motihari or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CNRB0017484. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Motihari Ii, Motihari
Here are the key points that are associated with the IFSC Code CNRB0017484 of Canara Bank for its branch located in Motihari, within the district of Motihari in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0017484 |
| Branch | Motihari Ii |
| City | Motihari |
| District | Motihari |
| State | Bihar |
| Address | Kutchery Road Balua Chowk Motihari 845401 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Motihari for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0017484 for the Motihari Ii 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, along with Canara Bank located in Motihari Ii, Motihari, Bihar, are allotted a unique IFSC like CNRB0017484 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Motihari.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Motihari and Motihari.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Canara Bank in Motihari Ii reaches the right place, even though there are thousands of branches in Bihar and across India.
Format of the IFSC Code CNRB0017484
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): These represent the bank code. In Canara Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Motihari Ii in Motihari.
For example, the IFSC Code CNRB0017484 of Canara Bank for the Motihari Ii branch has these elements, identifying the bank and the branch location in Motihari and Bihar correctly.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0017484 of Canara Bank for its Motihari Ii branch located in Motihari, 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 Motihari and Motihari, 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 Motihari Ii or Motihari to find the exact IFSC Code CNRB0017484.
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 Motihari will provide accurate information.
How to Use IFSC Code CNRB0017484 for Online Transfers?
Once you have the IFSC Code CNRB0017484 for the Motihari Ii branch of Canara Bank in Motihari, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0017484. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 CNRB0017484.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Motihari Ii in Motihari, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Canara Bank in Motihari Ii, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Canara Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Motihari manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0017484.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Kutchery Road Balua Chowk Motihari 845401 located in Motihari, Motihari, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.