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 Muzaffarpur branch in Muzaffarpur, Muzaffarpur, or Bihar, 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 Muzaffarpur or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CNRB0000258. 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, Muzaffarpur, Muzaffarpur

Here are the key points that are associated with the IFSC Code CNRB0000258 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 CNRB0000258
Branch Muzaffarpur
City Muzaffarpur
District Muzaffarpur
State Bihar
Address Post Box No.63, Motijheel, Muzaffarpur 842 001

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Muzaffarpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0000258 for the Muzaffarpur 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 provided by the Reserve Bank of India. Every bank branch, along with Canara Bank located in Muzaffarpur, Muzaffarpur, Bihar, are given a unique IFSC like CNRB0000258 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 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 CNRB0000258

The format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Canara Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Muzaffarpur in Muzaffarpur.

For example, the IFSC Code CNRB0000258 of Canara Bank for the 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?

To find the IFSC Code CNRB0000258 of Canara Bank for its Muzaffarpur branch located in Muzaffarpur, 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 Muzaffarpur and Muzaffarpur, 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 Muzaffarpur or Muzaffarpur to find the exact IFSC Code CNRB0000258.

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 Muzaffarpur will provide accurate information.

How to Use IFSC Code CNRB0000258 for Online Transfers?

Once you have the IFSC Code CNRB0000258 for the Muzaffarpur branch of Canara Bank in Muzaffarpur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0000258. 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 CNRB0000258.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Muzaffarpur in Muzaffarpur, your payment can get delayed or might not go through at all.

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 Muzaffarpur, 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 Muzaffarpur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Muzaffarpur, Muzaffarpur?

The IFSC Code is CNRB0000258.

Is the IFSC Code CNRB0000258 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 Muzaffarpur?

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 Muzaffarpur branch?

The address of the branch is Post Box No.63, Motijheel, Muzaffarpur 842 001 located in Muzaffarpur, Muzaffarpur, 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.

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