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 Chotanagra branch in Paschimi Singhbhum, Chotanagara, or Jharkhand, 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 Paschimi Singhbhum or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code CNRB0001916. 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, Chotanagra, Paschimi Singhbhum

Below in the table are the key details related to IFSC Code CNRB0001916 of Canara Bank for its branch located in Paschimi Singhbhum, within the district of Chotanagara in the state of Jharkhand.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0001916
Branch Chotanagra
City Paschimi Singhbhum
District Chotanagara
State Jharkhand
Address Dist Singhbhum, Bihar , Via - Chiriyan (Jharkhand) - 833106

These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Paschimi Singhbhum for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0001916 for the Chotanagra branch of Canara Bank has 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 Chotanagra, Paschimi Singhbhum, Jharkhand, are given a unique IFSC like CNRB0001916 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Paschimi Singhbhum.
  • 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 Paschimi Singhbhum and Chotanagara.
  • 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 Chotanagra goes to the correct branch. This is important because Canara Bank has thousands of branches in Jharkhand and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CNRB0001916

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

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Canara Bank, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Chotanagra in Paschimi Singhbhum.

For example, the IFSC Code CNRB0001916 of Canara Bank for the Chotanagra branch includes these elements, identifying the bank and the branch location in Paschimi Singhbhum and Jharkhand correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0001916 of Canara Bank for its Chotanagra branch located in Paschimi Singhbhum, 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

You can easily find the IFSC and MICR codes because most banks, including Canara Bank branches in Paschimi Singhbhum and Chotanagara, print them 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 Chotanagra or Paschimi Singhbhum to get the exact IFSC Code CNRB0001916.

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 Paschimi Singhbhum, you'll get the correct details.

How to Use IFSC Code CNRB0001916 for Online Transfers?

Once you have the IFSC Code CNRB0001916 for the Chotanagra branch of Canara Bank in Paschimi Singhbhum, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0001916. 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 CNRB0001916.

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 Chotanagra in Paschimi Singhbhum, it can 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 Chotanagra, 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 Paschimi Singhbhum manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Chotanagra, Paschimi Singhbhum?

The IFSC Code is CNRB0001916.

Is the IFSC Code CNRB0001916 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 Chotanagra?

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 Chotanagra branch?

The address of the branch is Dist Singhbhum, Bihar , Via - Chiriyan (Jharkhand) - 833106 located in Paschimi Singhbhum, Chotanagara, Jharkhand.

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.