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 Asthawan branch in Nalanda, Asthwan, 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 Nalanda or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CNRB0004187. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Asthawan, Nalanda

Below in the table are the key details related to IFSC Code CNRB0004187 of Canara Bank for its branch located in Nalanda, within the district of Asthwan in the state of Bihar.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0004187
Branch Asthawan
City Nalanda
District Asthwan
State Bihar
Address Dak Bunglow Near High School Poasthawan Distt. Nalanda , Pin-803107

These details help users in online banking and for businesses and individuals who use Canara Bank in Nalanda for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0004187 for the Asthawan branch of Canara Bank has a very 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, including Canara Bank located in Asthawan, Nalanda, Bihar, is provided with a unique IFSC like CNRB0004187 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Nalanda.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Nalanda and Asthwan.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Bihar and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Asthawan do not get mixed with another location.

Format of the IFSC Code CNRB0004187

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 Asthawan in Nalanda.

For example, the IFSC Code CNRB0004187 of Canara Bank for the Asthawan branch has these elements, identifying the bank and the branch location in Nalanda and Bihar correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0004187 of Canara Bank for its Asthawan branch located in Nalanda, the following methods can help:

Cheque Book

The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Canara Bank branches in Nalanda and Asthwan, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Canara Bank and navigate to the branch locator section. Search for Asthawan or Nalanda to get the exact IFSC Code CNRB0004187.

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 keeps an updated list of all IFSC codes. If you search for Canara Bank and Nalanda, you'll get the correct details.

How to Use IFSC Code CNRB0004187 for Online Transfers?

Once you have the IFSC Code CNRB0004187 for the Asthawan branch of Canara Bank in Nalanda, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0004187. 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 CNRB0004187.

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 Asthawan in Nalanda, 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 Asthawan, 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 Nalanda manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Asthawan, Nalanda?

The IFSC Code is CNRB0004187.

Is the IFSC Code CNRB0004187 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 Asthawan?

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 Asthawan branch?

The address of the branch is Dak Bunglow Near High School Poasthawan Distt. Nalanda , Pin-803107 located in Nalanda, Asthwan, 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.