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 Msme Sulabh Patna I 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 CNRB0007202. 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, Msme Sulabh Patna I, Patna

Below in the table are the key details related to IFSC Code CNRB0007202 of Canara Bank for its branch located in Patna, within the district of Patna in the state of Bihar.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0007202
Branch Msme Sulabh Patna I
City Patna
District Patna
State Bihar
Address Sangita Palace,Mezanine Floor,Hanuman Nagar

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 CNRB0007202 for the Msme Sulabh Patna I 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 CNRB0007202 is given to every bank branch, including Canara Bank located in Msme Sulabh Patna I, 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 Patna.
  • 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 Msme Sulabh Patna I doesn't end up at another location.

Format of the IFSC Code CNRB0007202

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): 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 Msme Sulabh Patna I in Patna.

For example, the IFSC Code CNRB0007202 of Canara Bank for the Msme Sulabh Patna I 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 trying to find the IFSC Code CNRB0007202 of Canara Bank for its Msme Sulabh Patna I 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 Patna, 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 Msme Sulabh Patna I or Patna to get the exact IFSC Code CNRB0007202.

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 CNRB0007202 for Online Transfers?

Once you have the IFSC Code CNRB0007202 for the Msme Sulabh Patna I 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 CNRB0007202. 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 CNRB0007202.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Msme Sulabh Patna I in Patna 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 Msme Sulabh Patna I, 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 Patna manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Msme Sulabh Patna I, Patna?

The IFSC Code is CNRB0007202.

Is the IFSC Code CNRB0007202 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 Msme Sulabh Patna I?

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 Msme Sulabh Patna I branch?

The address of the branch is Sangita Palace,Mezanine Floor,Hanuman Nagar 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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