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 Sheikhopur Sarai branch in Sheikhopur Sarai, Sheikopursarai, 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 Sheikhopur Sarai or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CNRB0005199. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Sheikhopur Sarai, Sheikhopur Sarai

The table below shows the main details of the IFSC Code CNRB0005199 for the Canara Bank branch in Sheikhopur Sarai, which falls under the Sheikopursarai district in Bihar.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0005199
Branch Sheikhopur Sarai
City Sheikhopur Sarai
District Sheikopursarai
State Bihar
Address Canara Bank, At/Ps Sheikhopur, Po - Nimi, Distt Sheikhpura, Pin - 811103

These details helps users in online banking and for businesses and individuals who use Canara Bank in Sheikhopur Sarai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0005199 for the Sheikhopur Sarai 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 provided by the Reserve Bank of India. Every bank branch, along with Canara Bank located in Sheikhopur Sarai, Sheikhopur Sarai, Bihar, are given a unique IFSC like CNRB0005199 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Sheikhopur Sarai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Sheikhopur Sarai and Sheikopursarai.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Canara Bank in Sheikhopur Sarai goes to the correct branch. This is important because Canara Bank has thousands of branches in Bihar and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CNRB0005199

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 Sheikhopur Sarai in Sheikhopur Sarai.

For example, the IFSC Code CNRB0005199 of Canara Bank for the Sheikhopur Sarai branch includes these elements, identifying the bank and the branch location in Sheikhopur Sarai and Bihar accurately.

How to Find IFSC Code for Canara Bank?

If you are looking for the IFSC Code CNRB0005199 of Canara Bank for its Sheikhopur Sarai branch located in Sheikhopur Sarai, 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 Sheikhopur Sarai and Sheikopursarai, 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 Sheikhopur Sarai or Sheikhopur Sarai to get the exact IFSC Code CNRB0005199.

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 Sheikhopur Sarai, then it will provide you proper information.

How to Use IFSC Code CNRB0005199 for Online Transfers?

Once you have the IFSC Code CNRB0005199 for the Sheikhopur Sarai branch of Canara Bank in Sheikhopur Sarai, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0005199. Transfers are processed in batches. This is 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. Requires the recipient's account details and Canara Bank IFSC Code CNRB0005199.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Sheikhopur Sarai in Sheikhopur Sarai may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Canara Bank in Sheikhopur Sarai, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Canara Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Sheikhopur Sarai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Sheikhopur Sarai, Sheikhopur Sarai?

The IFSC Code is CNRB0005199.

Is the IFSC Code CNRB0005199 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Sheikhopur Sarai?

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

What is the full address of the Sheikhopur Sarai branch?

The address of the branch is Canara Bank, At/Ps Sheikhopur, Po - Nimi, Distt Sheikhpura, Pin - 811103 located in Sheikhopur Sarai, Sheikopursarai, 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.