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 Marpa branch in Sitmarhi, Marpa, Bihar, 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 Sitmarhi or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CNRB0017544. 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, Marpa, Sitmarhi

Here are the main details that are associated with the IFSC Code CNRB0017544 of Canara Bank for its branch located in Sitmarhi, within the district of Marpa in the state of Bihar.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0017544
Branch Marpa
City Sitmarhi
District Marpa
State Bihar
Address Village Marpa Po Phulkaha Dist Sitmarhi Pin 843317

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in Sitmarhi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0017544 for the Marpa branch of Canara Bank is vital.

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 Marpa, Sitmarhi, Bihar, are given a unique IFSC like CNRB0017544 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Sitmarhi.
  • 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 Sitmarhi and Marpa.
  • 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 Marpa 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 CNRB0017544

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 Marpa in Sitmarhi.

For example, the IFSC Code CNRB0017544 of Canara Bank for the Marpa branch has these elements, identifying the bank and the branch location in Sitmarhi and Bihar correctly.

How to Find IFSC Code for Canara Bank?

If you are trying to find the IFSC Code CNRB0017544 of Canara Bank for its Marpa branch located in Sitmarhi, the following methods can help:

Cheque Book

The cheque books that are issued by Canara Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Canara Bank branches in Sitmarhi and Marpa, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Canara Bank and find the branch locator section. Search for Marpa or Sitmarhi to get the exact IFSC Code CNRB0017544.

Mobile Banking App

If you use Canara Bank's mobile app, you can easily 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 to help you in searching for Canara Bank and Sitmarhi that will provide accurate information.

How to Use IFSC Code CNRB0017544 for Online Transfers?

Once you have the IFSC Code CNRB0017544 for the Marpa branch of Canara Bank in Sitmarhi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CNRB0017544. The transfer is completed in batches instead of instantly. It is useful for both 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 CNRB0017544.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Marpa in Sitmarhi, 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 Marpa, 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 Sitmarhi to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Marpa, Sitmarhi?

The IFSC Code is CNRB0017544.

Is the IFSC Code CNRB0017544 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 Marpa?

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 Marpa branch?

The address of the branch is Village Marpa Po Phulkaha Dist Sitmarhi Pin 843317 located in Sitmarhi, Marpa, 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.