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 Danapur Cantonment branch in Patna, Danapur, 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 Patna or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CNRB0017405. 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, Danapur Cantonment, Patna

Here are the key points that are associated with the IFSC Code CNRB0017405 of Canara Bank for its branch located in Patna, within the district of Danapur in the state of Bihar.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0017405
Branch Danapur Cantonment
City Patna
District Danapur
State Bihar
Address Cantonment Board Chavani Sadan Sadar Bazar Danapur Patna Bihar 801 503

These details helps users in online banking and for businesses and individuals who use Canara Bank in Patna for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0017405 for the Danapur Cantonment 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 CNRB0017405 is given to every bank branch, including Canara Bank located in Danapur Cantonment, Patna, 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 Patna.
  • 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 Patna and Danapur.
  • 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 Danapur Cantonment doesn't end up at another location.

Format of the IFSC Code CNRB0017405

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 Danapur Cantonment in Patna.

For example, the IFSC Code CNRB0017405 of Canara Bank for the Danapur Cantonment branch includes these elements, identifying the bank and the branch location in Patna and Bihar correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0017405 of Canara Bank for its Danapur Cantonment branch located in Patna, 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 Patna and Danapur, 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 Danapur Cantonment or Patna to get the exact IFSC Code CNRB0017405.

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 Patna, you'll get the correct details.

How to Use IFSC Code CNRB0017405 for Online Transfers?

Once you have the IFSC Code CNRB0017405 for the Danapur Cantonment branch of Canara Bank in Patna, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0017405. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Canara Bank IFSC Code CNRB0017405.

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

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 Danapur Cantonment, 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 Patna manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Danapur Cantonment, Patna?

The IFSC Code is CNRB0017405.

Is the IFSC Code CNRB0017405 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 Danapur Cantonment?

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 Danapur Cantonment branch?

The address of the branch is Cantonment Board Chavani Sadan Sadar Bazar Danapur Patna Bihar 801 503 located in Patna, Danapur, 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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