There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Canara Bank for its Rah Ranchi branch in Ranchi, Ranchi, Jharkhand, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Canara Bank situated in Ranchi or anywhere in Jharkhand can easily transfer funds instantly by using the correct IFSC Code CNRB0003933. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Rah Ranchi, Ranchi
Here are some of the key details that come with the IFSC Code CNRB0003933 of Canara Bank for its branch located in Ranchi, within the district of Ranchi in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0003933 |
| Branch | Rah Ranchi |
| City | Ranchi |
| District | Ranchi |
| State | Jharkhand |
| Address | Doranda, Ranchi, Jharkhand |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Ranchi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0003933 for the Rah Ranchi branch of Canara Bank has an important 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 CNRB0003933 is given to every bank branch, including Canara Bank located in Rah Ranchi, Ranchi, 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 Ranchi.
- 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 Ranchi and Ranchi.
- 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 Rah Ranchi doesn't end up at another location.
Format of the IFSC Code CNRB0003933
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 Rah Ranchi in Ranchi.
For example, the IFSC Code CNRB0003933 of Canara Bank for the Rah Ranchi branch includes these elements, identifying the bank and the branch location in Ranchi and Jharkhand accurately.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0003933 of Canara Bank for its Rah Ranchi branch located in Ranchi, 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 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 go to the branch locator section. Then search for Rah Ranchi or Ranchi to find the exact IFSC Code CNRB0003933.
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 Ranchi will provide accurate information.
How to Use IFSC Code CNRB0003933 for Online Transfers?
Once you have the IFSC Code CNRB0003933 for the Rah Ranchi branch of Canara Bank in Ranchi, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0003933. 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 CNRB0003933.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Rah Ranchi in Ranchi 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 Rah Ranchi, 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.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0003933.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Doranda, Ranchi, Jharkhand located in Ranchi, Ranchi, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.