IFSC Code of Canara Bank, Ranchi Bit Chowk, Ranchi, Jharkhand- CNRB0007398

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Canara Bank for its Ranchi Bit Chowk branch in Ranchi, Ranchi, Jharkhand, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Canara Bank located in Ranchi or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code CNRB0007398. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Ranchi Bit Chowk, Ranchi

The table below shows the main details of the IFSC Code CNRB0007398 for the Canara Bank branch in Ranchi, which falls under the Ranchi district in 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 CNRB0007398 for the Ranchi Bit Chowk 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 provided by the Reserve Bank of India. Every bank branch, along with Canara Bank located in Ranchi Bit Chowk, Ranchi, Jharkhand, are given a unique IFSC like CNRB0007398 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Ranchi.
• 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 Ranchi and Ranchi.
• 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 Ranchi Bit Chowk 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 CNRB0007398

The format of the IFSC Code for banks, including Canara Bank, has 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 Ranchi Bit Chowk in Ranchi.

For example, the IFSC Code CNRB0007398 of Canara Bank for the Ranchi Bit Chowk branch includes these elements, identifying the bank and the branch location in Ranchi and Jharkhand correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0007398 of Canara Bank for its Ranchi Bit Chowk 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 Ranchi Bit Chowk or Ranchi to get the exact IFSC Code CNRB0007398.

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 CNRB0007398 for Online Transfers?

Once you have the IFSC Code CNRB0007398 for the Ranchi Bit Chowk 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 CNRB0007398. 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 CNRB0007398.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Ranchi Bit Chowk in Ranchi 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 Ranchi Bit Chowk, 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 Ranchi manage their online transfers and cheque clearances easily.