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 Chandil branch in Saraikela Kharsawan, Seraikela, Jharkhand, 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 Saraikela Kharsawan or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code CNRB0017507. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Canara Bank, Chandil, Saraikela Kharsawan

Here are the main details that are associated with the IFSC Code CNRB0017507 of Canara Bank for its branch located in Saraikela Kharsawan, within the district of Seraikela in the state of Jharkhand.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0017507
Branch Chandil
City Saraikela Kharsawan
District Seraikela
State Jharkhand
Address Main Road Chandil Station Basti Post Tankocha Dist Saraikela Kharswna Jharkhand India 832401

These details help users in online banking and for businesses and individuals who use Canara Bank in Saraikela Kharsawan for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0017507 for the Chandil branch of Canara Bank has a very 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 Chandil, Saraikela Kharsawan, Jharkhand, is provided a unique IFSC like CNRB0017507 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Canara Bank branch in Saraikela Kharsawan.
  • 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 Saraikela Kharsawan and Seraikela.
  • 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 Chandil do not get misguided to another person.

Format of the IFSC Code CNRB0017507

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 Chandil in Saraikela Kharsawan.

For example, the IFSC Code CNRB0017507 of Canara Bank for the Chandil branch has these elements, identifying the bank and the branch location in Saraikela Kharsawan and Jharkhand correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0017507 of Canara Bank for its Chandil branch located in Saraikela Kharsawan, the following methods can help:

Cheque Book

The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Canara Bank branches in Saraikela Kharsawan and Seraikela, print them on the first page of your passbook.

Bank Website

Visit the official website of Canara Bank and navigate to the branch locator section. Search for Chandil or Saraikela Kharsawan to get the exact IFSC Code CNRB0017507.

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 keeps an updated list of all IFSC codes. If you search for Canara Bank and Saraikela Kharsawan, you'll get the correct details.

How to Use IFSC Code CNRB0017507 for Online Transfers?

Once you have the IFSC Code CNRB0017507 for the Chandil branch of Canara Bank in Saraikela Kharsawan, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0017507. 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 CNRB0017507.

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 Chandil in Saraikela Kharsawan, it can 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 Chandil, 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 Saraikela Kharsawan to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Chandil, Saraikela Kharsawan?

The IFSC Code is CNRB0017507.

Is the IFSC Code CNRB0017507 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 Chandil?

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 Chandil branch?

The address of the branch is Main Road Chandil Station Basti Post Tankocha Dist Saraikela Kharswna Jharkhand India 832401 located in Saraikela Kharsawan, Seraikela, Jharkhand.

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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