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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Canara Bank for its Bagoura branch in Siwan, Bagoura, or Bihar, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Canara Bank located in Siwan or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CNRB0001486. 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, Bagoura, Siwan
Below in the table are the key details related to IFSC Code CNRB0001486 of Canara Bank for its branch located in Siwan, within the district of Bagoura in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0001486 |
| Branch | Bagoura |
| City | Siwan |
| District | Bagoura |
| State | Bihar |
| Address | Babuji Building,, Bagoura ,Dist Siwan (Bihar) - 841404 |
These details are essential not only for online banking users but also for businesses and individuals who use Canara Bank in Siwan for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0001486 for the Bagoura 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, including Canara Bank located in Bagoura, Siwan, Bihar, is provided with a unique IFSC like CNRB0001486 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Siwan.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Siwan and Bagoura.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Bihar and the rest of India and the IFSC Code ensures that transactions meant for Canara Bank in Bagoura do not get mixed with another location.
Format of the IFSC Code CNRB0001486
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 Bagoura in Siwan.
For example, the IFSC Code CNRB0001486 of Canara Bank for the Bagoura branch includes these elements, identifying the bank and the branch location in Siwan and Bihar correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0001486 of Canara Bank for its Bagoura branch located in Siwan, 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 Siwan and Bagoura, 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 Bagoura or Siwan to get the exact IFSC Code CNRB0001486.
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 Siwan, you'll get the correct details.
How to Use IFSC Code CNRB0001486 for Online Transfers?
Once you have the IFSC Code CNRB0001486 for the Bagoura branch of Canara Bank in Siwan, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0001486. 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 CNRB0001486.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Bagoura in Siwan 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 Bagoura, 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 Siwan manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Bagoura Siwan branch is CNRB0001486.
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 Babuji Building,, Bagoura ,Dist Siwan (Bihar) - 841404.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.