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 Saraiyaganj Muzaffarpur 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 CNRB0005741. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Saraiyaganj Muzaffarpur, Muzaffarpur

Here are the main details that are associated with the IFSC Code CNRB0005741 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 CNRB0005741
Branch Saraiyaganj Muzaffarpur
City Muzaffarpur
District Muzaffarpur
State Bihar
Address Canara Bank Sita Complex Saraiyaganj Muzaffarpur Saraiyaganj Bihar 842001

These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Muzaffarpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0005741 for the Saraiyaganj Muzaffarpur branch of Canara Bank has an 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 Saraiyaganj Muzaffarpur, Muzaffarpur, Bihar, is provided a unique IFSC like CNRB0005741 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Canara Bank branch in Muzaffarpur.
  • 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 Muzaffarpur and Muzaffarpur.
  • 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 Saraiyaganj Muzaffarpur do not get misguided to another person.

Format of the IFSC Code CNRB0005741

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 Saraiyaganj Muzaffarpur in Muzaffarpur.

For example, the IFSC Code CNRB0005741 of Canara Bank for the Saraiyaganj 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 CNRB0005741 of Canara Bank for its Saraiyaganj 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 Saraiyaganj Muzaffarpur or Muzaffarpur to get the exact IFSC Code CNRB0005741.

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 CNRB0005741 for Online Transfers?

If you have the IFSC Code CNRB0005741 for the Saraiyaganj Muzaffarpur 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 CNRB0005741. 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 CNRB0005741.

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 Saraiyaganj Muzaffarpur 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 Saraiyaganj Muzaffarpur, 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 in Saraiyaganj Muzaffarpur, Muzaffarpur?

The IFSC Code is CNRB0005741.

Is the IFSC Code CNRB0005741 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Saraiyaganj Muzaffarpur?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Saraiyaganj Muzaffarpur branch?

The address of the branch is Canara Bank Sita Complex Saraiyaganj Muzaffarpur Saraiyaganj Bihar 842001 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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