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 Kancha branch in Samastipur, Kancha, Bihar, 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 Samastipur or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CNRB0006583. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Kancha, Samastipur

Here are some of the key details that come with the IFSC Code CNRB0006583 of Canara Bank for its branch located in Samastipur, within the district of Kancha in the state of Bihar.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0006583
Branch Kancha
City Samastipur
District Kancha
State Bihar
Address Kancha Ghatho Po Vidyapati Nagar Samastipur Distt Bihar Pin 848503

These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Samastipur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0006583 for the Kancha branch of Canara Bank plays 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 CNRB0006583 is given to every bank branch, including Canara Bank located in Kancha, 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 Kancha.
  • 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 Kancha doesn't end up at another location.

Format of the IFSC Code CNRB0006583

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): These represent the bank code. In Canara Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Kancha in Samastipur.

For example, the IFSC Code CNRB0006583 of Canara Bank for the Kancha branch has these elements, identifying the bank and the branch location in Samastipur and Bihar correctly.

How to Find IFSC Code for Canara Bank?

To find the IFSC Code CNRB0006583 of Canara Bank for its Kancha branch located in Samastipur, 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 Samastipur and Kancha, 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 Kancha or Samastipur to find the exact IFSC Code CNRB0006583.

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 Samastipur will provide accurate information.

How to Use IFSC Code CNRB0006583 for Online Transfers?

Once you have the IFSC Code CNRB0006583 for the Kancha branch of Canara Bank in Samastipur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0006583. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Canara Bank IFSC Code CNRB0006583.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Canara Bank Kancha in Samastipur, it can 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 Kancha, 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 Samastipur manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

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

The IFSC Code is CNRB0006583.

Is the IFSC Code CNRB0006583 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 Kancha?

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 Kancha branch?

The address of the branch is Kancha Ghatho Po Vidyapati Nagar Samastipur Distt Bihar Pin 848503 located in Samastipur, Kancha, 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.