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 Mid Corporate Br 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 CNRB0006996. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Spld Mid Corporate Br Ranchi, Ranchi

Here are some of the key details that come with the IFSC Code CNRB0006996 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 CNRB0006996
Branch Spld Mid Corporate Br Ranchi
City Ranchi
District Ranchi
State Jharkhand
Address Pb No 70 Jalaram Properties Sn Gangulyi Road Ranchi Jharkhand 834001

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Ranchi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0006996 for the Spld Mid Corporate Br Ranchi branch of Canara Bank is vital.

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 Spld Mid Corporate Br Ranchi, Ranchi, Jharkhand, is provided with a unique IFSC like CNRB0006996 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 Spld Mid Corporate Br Ranchi do not get mixed with another location.

Format of the IFSC Code CNRB0006996

The format of the IFSC Code for banks, including Canara Bank, follows 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 Spld Mid Corporate Br Ranchi in Ranchi.

For example, the IFSC Code CNRB0006996 of Canara Bank for the Spld Mid Corporate Br 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?

If you are trying to find the IFSC Code CNRB0006996 of Canara Bank for its Spld Mid Corporate Br Ranchi 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 Spld Mid Corporate Br Ranchi or Ranchi to get the exact IFSC Code CNRB0006996.

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 CNRB0006996 for Online Transfers?

If you have the IFSC Code CNRB0006996 for the Spld Mid Corporate Br 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 CNRB0006996. 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 CNRB0006996.

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 Mid Corporate Br 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 Mid Corporate Br 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)

What is the IFSC Code of Canara Bank Spld Mid Corporate Br Ranchi Ranchi?

The IFSC Code of the Spld Mid Corporate Br Ranchi Ranchi branch is CNRB0006996.

Is IFSC Code CNRB0006996 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 Spld Mid Corporate Br Ranchi branch?

The branch is located at Pb No 70 Jalaram Properties Sn Gangulyi Road Ranchi Jharkhand 834001.

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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