Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Canara Bank for its Nazira branch in Sibsagar, Nazira Town, Assam, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Canara Bank located in Sibsagar or anywhere in Assam can transfer funds instantly by using the correct IFSC Code CNRB0004558. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Nazira, Sibsagar

Here are some of the key details that come with the IFSC Code CNRB0004558 of Canara Bank for its branch located in Sibsagar, within the district of Nazira Town in the state of Assam.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0004558
Branch Nazira
City Sibsagar
District Nazira Town
State Assam
Address Ward No 09, Nazira Town,Po Nazira, Distsivasagar, Pin785685, Assam

These details helps users in online banking and for businesses and individuals who use Canara Bank in Sibsagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0004558 for the Nazira branch of Canara Bank plays a vital 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 Nazira, Sibsagar, Assam, is provided a unique IFSC like CNRB0004558 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Canara Bank branch in Sibsagar.
  • 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 Sibsagar and Nazira Town.
  • 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 Assam and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Nazira do not get misguided to another person.

Format of the IFSC Code CNRB0004558

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 Nazira in Sibsagar.

For example, the IFSC Code CNRB0004558 of Canara Bank for the Nazira branch includes these elements, identifying the bank and the branch location in Sibsagar and Assam accurately.

How to Find IFSC Code for Canara Bank?

If you are looking for the IFSC Code CNRB0004558 of Canara Bank for its Nazira branch located in Sibsagar, 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 Sibsagar and Nazira Town, 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 Nazira or Sibsagar to get the exact IFSC Code CNRB0004558.

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 Sibsagar, then it will provide you proper information.

How to Use IFSC Code CNRB0004558 for Online Transfers?

Once you have the IFSC Code CNRB0004558 for the Nazira branch of Canara Bank in Sibsagar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0004558. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 CNRB0004558.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Nazira in Sibsagar, your payment can get delayed or might not go through at all.

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 Nazira, 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 Sibsagar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Nazira, Sibsagar?

The IFSC Code is CNRB0004558.

Is the IFSC Code CNRB0004558 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Nazira branch?

The address of the branch is Ward No 09, Nazira Town,Po Nazira, Distsivasagar, Pin785685, Assam located in Sibsagar, Nazira Town, Assam.

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.