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 Spld Large Corporate Branch Ranchi 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 CNRB0007035. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Spld Large Corporate Branch Ranchi, Ranchi
The table below shows the main details of the IFSC Code CNRB0007035 for the Canara Bank branch in Ranchi, which falls under the Ranchi district in Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0007035 |
| Branch | Spld Large Corporate Branch Ranchi |
| City | Ranchi |
| District | Ranchi |
| State | Jharkhand |
| Address | Kaushalya Chambers 4Th Floor P P Compound Ranchi Jharkhand 834001 |
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 CNRB0007035 for the Spld Large Corporate Branch Ranchi branch of Canara Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Spld Large Corporate Branch Ranchi, Ranchi, Jharkhand, is provided a unique IFSC like CNRB0007035 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Canara Bank branch in Ranchi.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Ranchi and Ranchi.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Spld Large Corporate Branch Ranchi do not get misguided to another person.
Format of the IFSC Code CNRB0007035
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 Spld Large Corporate Branch Ranchi in Ranchi.
For example, the IFSC Code CNRB0007035 of Canara Bank for the Spld Large Corporate Branch 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 CNRB0007035 of Canara Bank for its Spld Large Corporate Branch 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 Spld Large Corporate Branch Ranchi or Ranchi to find the exact IFSC Code CNRB0007035.
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 CNRB0007035 for Online Transfers?
If you have the IFSC Code CNRB0007035 for the Spld Large Corporate Branch Ranchi 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 CNRB0007035. 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 CNRB0007035.
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 Spld Large Corporate Branch Ranchi 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 Spld Large Corporate Branch 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 CNRB0007035.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Kaushalya Chambers 4Th Floor P P Compound Ranchi Jharkhand 834001 located in Ranchi, Ranchi, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.