The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Canara Bank for its Balha branch in Samastipur, Balha, Bihar, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Canara Bank located in Samastipur or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CNRB0017534. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Balha, Samastipur

Here are the main details that are associated with the IFSC Code CNRB0017534 of Canara Bank for its branch located in Samastipur, within the district of Balha in the state of Bihar.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0017534
Branch Balha
City Samastipur
District Balha
State Bihar
Address Vill And Po Balha Via Pusa Ps Chak Mehsi Dist Samastipur Pin 848125

These details helps users in online banking and for businesses and individuals who use Canara Bank in Samastipur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0017534 for the Balha branch of Canara Bank plays a vital 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 CNRB0017534 is given to every bank branch, including Canara Bank located in Balha, Samastipur, Bihar, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Samastipur.
  • 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 Samastipur and Balha.
  • 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 Bihar and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Balha doesn't end up at another location.

Format of the IFSC Code CNRB0017534

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 Balha in Samastipur.

For example, the IFSC Code CNRB0017534 of Canara Bank for the Balha branch includes these elements, identifying the bank and the branch location in Samastipur and Bihar correctly.

How to Find IFSC Code for Canara Bank?

If you are looking for the IFSC Code CNRB0017534 of Canara Bank for its Balha branch located in Samastipur, the following methods can help:

Cheque Book

The cheque book that is issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Canara Bank and look for the branch locator section, then search for Balha or Samastipur to get the exact IFSC Code CNRB0017534.

Mobile Banking App

If you use Canara Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Canara Bank and Samastipur, then it will provide you proper information.

How to Use IFSC Code CNRB0017534 for Online Transfers?

If you have the IFSC Code CNRB0017534 for the Balha branch of Canara Bank in Samastipur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0017534. 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 CNRB0017534.

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 Balha in Samastipur, 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 Balha, 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 Samastipur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Balha, Samastipur?

The IFSC Code is CNRB0017534.

Is the IFSC Code CNRB0017534 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Balha?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Balha branch?

The address of the branch is Vill And Po Balha Via Pusa Ps Chak Mehsi Dist Samastipur Pin 848125 located in Samastipur, Balha, Bihar.

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.