IFSC Code of Canara Bank, Loyola School, Jamshedpur, Jamshedpur, Jharkhand- CNRB0002731

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 Loyola School, Jamshedpur branch in Purbi Singhbhum, Jamshedpur, 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 Purbi Singhbhum or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code CNRB0002731. 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, Loyola School, Jamshedpur, Purbi Singhbhum

Below in the table are the key details related to IFSC Code CNRB0002731 of Canara Bank for its branch located in Purbi Singhbhum, within the district of Jamshedpur in the state of Jharkhand.

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Purbi Singhbhum for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0002731 for the Loyola School, Jamshedpur branch of Canara Bank is vital.

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 CNRB0002731 is given to every bank branch, including Canara Bank located in Loyola School, Jamshedpur, Purbi Singhbhum, Jharkhand, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Canara Bank branch in Purbi Singhbhum.
• 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 Purbi Singhbhum and Jamshedpur.
• 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 Jharkhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Loyola School, Jamshedpur doesn't end up at another location.

Format of the IFSC Code CNRB0002731

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 Loyola School, Jamshedpur in Purbi Singhbhum.

For example, the IFSC Code CNRB0002731 of Canara Bank for the Loyola School, Jamshedpur branch includes these elements, identifying the bank and the branch location in Purbi Singhbhum and Jharkhand accurately.

How to Find IFSC Code for Canara Bank?

To find the IFSC Code CNRB0002731 of Canara Bank for its Loyola School, Jamshedpur branch located in Purbi Singhbhum, the following methods can help you out:

Cheque Book

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

Passbook

Most banks, including Canara Bank branches in Purbi Singhbhum and Jamshedpur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Canara Bank and go to the branch locator section. Then search for Loyola School, Jamshedpur or Purbi Singhbhum to find the exact IFSC Code CNRB0002731.

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 maintains an updated database of all IFSC codes. Searching for Canara Bank and Purbi Singhbhum will provide accurate information.

How to Use IFSC Code CNRB0002731 for Online Transfers?

Once you have the IFSC Code CNRB0002731 for the Loyola School, Jamshedpur branch of Canara Bank in Purbi Singhbhum, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0002731. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 CNRB0002731.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Loyola School, Jamshedpur in Purbi Singhbhum, 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 Loyola School, Jamshedpur, 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 Purbi Singhbhum manage their online transfers and cheque clearances easily.