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 Mithapur Bus Stand Patna branch in Patna, Patna, 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 CNRB0005487. 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, Mithapur Bus Stand Patna, Patna

The table below shows the main details of the IFSC Code CNRB0005487 for the Canara Bank branch in Patna, which falls under the Patna district in Bihar.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0005487
Branch Mithapur Bus Stand Patna
City Patna
District Patna
State Bihar
Address Krishna Baikunnth Complex Indira Nagar Road No 01 Postal Park Patna 800001

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 CNRB0005487 for the Mithapur Bus Stand Patna 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 provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Mithapur Bus Stand Patna, Patna, Bihar, is provided with a unique IFSC like CNRB0005487 to ensure that online payments reach the right destination.

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 errors or confusions between multiple branches of the same bank across different places like Patna and Patna.
  • 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 Mithapur Bus Stand Patna do not get mixed with another location.

Format of the IFSC Code CNRB0005487

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 Mithapur Bus Stand Patna in Patna.

For example, the IFSC Code CNRB0005487 of Canara Bank for the Mithapur Bus Stand Patna branch includes these elements, identifying the bank and the branch location in Patna and Bihar accurately.

How to Find IFSC Code for Canara Bank?

If you are looking for the IFSC Code CNRB0005487 of Canara Bank for its Mithapur Bus Stand Patna branch located in Patna, 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 Patna and Patna, 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 Mithapur Bus Stand Patna or Patna to get the exact IFSC Code CNRB0005487.

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 Patna, then it will provide you proper information.

How to Use IFSC Code CNRB0005487 for Online Transfers?

Once you have the IFSC Code CNRB0005487 for the Mithapur Bus Stand Patna branch of Canara Bank in Patna, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0005487. Transfers are processed in batches. This is 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. Requires the recipient's account details and Canara Bank IFSC Code CNRB0005487.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Mithapur Bus Stand Patna in Patna may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Canara Bank in Mithapur Bus Stand Patna, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Canara Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Patna manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Mithapur Bus Stand Patna, Patna?

The IFSC Code is CNRB0005487.

Is the IFSC Code CNRB0005487 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 Mithapur Bus Stand Patna?

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 Mithapur Bus Stand Patna branch?

The address of the branch is Krishna Baikunnth Complex Indira Nagar Road No 01 Postal Park Patna 800001 located in Patna, Patna, 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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