IFSC Code of Canara Bank, Burmu, Ranchi, Jharkhand- CNRB0005706

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 Burmu branch in Ranchi, Ranchi, 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 Ranchi or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code CNRB0005706. 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, Burmu, Ranchi

Here are some of the key details that come with the IFSC Code CNRB0005706 of Canara Bank for its branch located in Ranchi, within the district of Ranchi in the state of Jharkhand.

These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Ranchi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0005706 for the Burmu branch of Canara Bank plays an 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, including Canara Bank located in Burmu, Ranchi, Jharkhand, is provided with a unique IFSC like CNRB0005706 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Canara Bank branch in Ranchi.
• 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 Ranchi and Ranchi.
• 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 Jharkhand and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Burmu do not get mixed with another location.

Format of the IFSC Code CNRB0005706

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 Burmu in Ranchi.

For example, the IFSC Code CNRB0005706 of Canara Bank for the Burmu branch includes these elements, identifying the bank and the branch location in Ranchi and Jharkhand accurately.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0005706 of Canara Bank for its Burmu branch located in Ranchi, the following methods can help:

Cheque Book

The cheque books that are issued by Canara Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of Canara Bank and find the branch locator section. Search for Burmu or Ranchi to get the exact IFSC Code CNRB0005706.

Mobile Banking App

If you use Canara Bank's mobile app, you can easily 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 to help you in searching for Canara Bank and Ranchi that will provide accurate information.

How to Use IFSC Code CNRB0005706 for Online Transfers?

If you have the IFSC Code CNRB0005706 for the Burmu branch of Canara Bank in Ranchi, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0005706. Transfers are processed in batches. 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. Asks for the recipient's account details and Canara Bank IFSC Code CNRB0005706.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Canara Bank Burmu in Ranchi, it 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 Burmu, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Ranchi to handle online money transfers and get their cheques cleared smoothly.