The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Canara Bank for its Sakchi,Jamshedpur branch in Purbi Singhbhum, Jamshedpur, Jharkhand, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Canara Bank located in Purbi Singhbhum or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code CNRB0002969. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Sakchi,Jamshedpur, Purbi Singhbhum

Here are the key points that are associated with the IFSC Code CNRB0002969 of Canara Bank for its branch located in Purbi Singhbhum, within the district of Jamshedpur in the state of Jharkhand.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0002969
Branch Sakchi,Jamshedpur
City Purbi Singhbhum
District Jamshedpur
State Jharkhand
Address 30,Aam Bagan, Sakchi, Jamshedpur Jharkhand - 831001

These details help users in online banking and for businesses and individuals who use Canara Bank in Purbi Singhbhum for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0002969 for the Sakchi,Jamshedpur branch of Canara Bank has a very 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 Sakchi,Jamshedpur, Purbi Singhbhum, Jharkhand, are given a unique IFSC like CNRB0002969 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Purbi 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 Purbi Singhbhum and Jamshedpur.
  • 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 Sakchi,Jamshedpur 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 CNRB0002969

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Canara Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sakchi,Jamshedpur in Purbi Singhbhum.

For example, the IFSC Code CNRB0002969 of Canara Bank for the Sakchi,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?

If you are trying to find the IFSC Code CNRB0002969 of Canara Bank for its Sakchi,Jamshedpur branch located in Purbi 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

Most banks, including Canara Bank branches in Purbi Singhbhum and Jamshedpur, print the IFSC and MICR codes 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 Sakchi,Jamshedpur or Purbi Singhbhum to get the exact IFSC Code CNRB0002969.

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 Purbi Singhbhum, you'll get the correct details.

How to Use IFSC Code CNRB0002969 for Online Transfers?

Once you have the IFSC Code CNRB0002969 for the Sakchi,Jamshedpur branch of Canara Bank in Purbi Singhbhum, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0002969. 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 CNRB0002969.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Sakchi,Jamshedpur in Purbi Singhbhum may result in delayed or failed transactions.

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 Sakchi,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.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank Sakchi,Jamshedpur Purbi Singhbhum?

The IFSC Code of the Sakchi,Jamshedpur Purbi Singhbhum branch is CNRB0002969.

Is IFSC Code CNRB0002969 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Canara Bank Sakchi,Jamshedpur branch?

The branch is located at 30,Aam Bagan, Sakchi, Jamshedpur Jharkhand - 831001.

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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