There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Canara Bank for its Currency Chest Muzaffarpur branch in Muzaffarpur, Muzaffarpur, Bihar, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Canara Bank situated in Muzaffarpur or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code CNRB0008029. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Currency Chest Muzaffarpur, Muzaffarpur

Below in the table are the key details related to IFSC Code CNRB0008029 of Canara Bank for its branch located in Muzaffarpur, within the district of Muzaffarpur in the state of Bihar.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0008029
Branch Currency Chest Muzaffarpur
City Muzaffarpur
District Muzaffarpur
State Bihar
Address Chandralok Chowk,Dhawan Complex-842002

These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Muzaffarpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0008029 for the Currency Chest Muzaffarpur 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, along with Canara Bank located in Currency Chest Muzaffarpur, Muzaffarpur, Bihar, are given a unique IFSC like CNRB0008029 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Muzaffarpur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Muzaffarpur and Muzaffarpur.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Canara Bank in Currency Chest Muzaffarpur goes to the correct branch. This is important because Canara Bank has thousands of branches in Bihar and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CNRB0008029

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 Currency Chest Muzaffarpur in Muzaffarpur.

For example, the IFSC Code CNRB0008029 of Canara Bank for the Currency Chest Muzaffarpur branch includes these elements, identifying the bank and the branch location in Muzaffarpur and Bihar accurately.

How to Find IFSC Code for Canara Bank?

If you are looking for the IFSC Code CNRB0008029 of Canara Bank for its Currency Chest Muzaffarpur branch located in Muzaffarpur, 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 Muzaffarpur and Muzaffarpur, 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 Currency Chest Muzaffarpur or Muzaffarpur to get the exact IFSC Code CNRB0008029.

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 Muzaffarpur, then it will provide you proper information.

How to Use IFSC Code CNRB0008029 for Online Transfers?

Once you have the IFSC Code CNRB0008029 for the Currency Chest Muzaffarpur branch of Canara Bank in Muzaffarpur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0008029. 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 CNRB0008029.

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 Currency Chest Muzaffarpur in Muzaffarpur, 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 Currency Chest Muzaffarpur, 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 Muzaffarpur manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank Currency Chest Muzaffarpur Muzaffarpur?

The IFSC Code of the Currency Chest Muzaffarpur Muzaffarpur branch is CNRB0008029.

Is IFSC Code CNRB0008029 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 Currency Chest Muzaffarpur branch?

The branch is located at Chandralok Chowk,Dhawan Complex-842002.

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.

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