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 Bagha branch in Sitamarhi, Bagha, 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 Sitamarhi or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CNRB0017543. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Bagha, Sitamarhi
Here are the key points that are associated with the IFSC Code CNRB0017543 of Canara Bank for its branch located in Sitamarhi, within the district of Bagha in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0017543 |
| Branch | Bagha |
| City | Sitamarhi |
| District | Bagha |
| State | Bihar |
| Address | Vill Bagha Dist Sitamarhi Pin 843332 |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Sitamarhi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0017543 for the Bagha 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 provided by the Reserve Bank of India. Every bank branch, along with Canara Bank located in Bagha, Sitamarhi, Bihar, are given a unique IFSC like CNRB0017543 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sitamarhi.
- 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 Sitamarhi and Bagha.
- 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 Bagha 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 CNRB0017543
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 Bagha in Sitamarhi.
For example, the IFSC Code CNRB0017543 of Canara Bank for the Bagha branch includes these elements, identifying the bank and the branch location in Sitamarhi and Bihar correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0017543 of Canara Bank for its Bagha branch located in Sitamarhi, 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
Most banks, including Canara Bank branches in Sitamarhi and Bagha, print the IFSC and MICR codes 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 Bagha or Sitamarhi to get the exact IFSC Code CNRB0017543.
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 Sitamarhi, you'll get the correct details.
How to Use IFSC Code CNRB0017543 for Online Transfers?
If you have the IFSC Code CNRB0017543 for the Bagha branch of Canara Bank in Sitamarhi, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0017543. 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 CNRB0017543.
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 Bagha in Sitamarhi, 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 Bagha, 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 Sitamarhi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Bagha Sitamarhi branch is CNRB0017543.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Vill Bagha Dist Sitamarhi Pin 843332.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.