For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Canara Bank for its Muzaffarpur R O branch in Muzaffarpur, Muzaffarpur, Bihar, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Canara Bank located in Muzaffarpur or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CNRB0008360. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Muzaffarpur R O, Muzaffarpur

The table below shows the main details of the IFSC Code CNRB0008360 for the Canara Bank branch in Muzaffarpur, which falls under the Muzaffarpur district in Bihar.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0008360
Branch Muzaffarpur R O
City Muzaffarpur
District Muzaffarpur
State Bihar
Address Canara Bank Sita Ram Shah Gobar Sahi Sadar P O,Dumraj Sadar,Muzaffarpur Bihar 842002

These details helps users in online banking and for businesses and individuals who use Canara Bank in Muzaffarpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0008360 for the Muzaffarpur R O 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 CNRB0008360 is given to every bank branch, including Canara Bank located in Muzaffarpur R O, Muzaffarpur, Bihar, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Muzaffarpur.
  • 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 Muzaffarpur and Muzaffarpur.
  • 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 Bihar and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Muzaffarpur R O doesn't end up at another location.

Format of the IFSC Code CNRB0008360

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 Muzaffarpur R O in Muzaffarpur.

For example, the IFSC Code CNRB0008360 of Canara Bank for the Muzaffarpur R O 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 CNRB0008360 of Canara Bank for its Muzaffarpur R O 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 R O or Muzaffarpur to find the exact IFSC Code CNRB0008360.

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 CNRB0008360 for Online Transfers?

If you have the IFSC Code CNRB0008360 for the Muzaffarpur R O branch of Canara Bank in Muzaffarpur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0008360. 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 CNRB0008360.

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 Muzaffarpur R O in Muzaffarpur, 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 Muzaffarpur R O, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Muzaffarpur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank Muzaffarpur R O Muzaffarpur?

The IFSC Code of the Muzaffarpur R O Muzaffarpur branch is CNRB0008360.

Is IFSC Code CNRB0008360 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 Muzaffarpur R O branch?

The branch is located at Canara Bank Sita Ram Shah Gobar Sahi Sadar P O,Dumraj Sadar,Muzaffarpur Bihar 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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