There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Canara Bank for its Ramgarh (Siwan Dist.) branch in Siwan, Ramgarh, Bihar, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Canara Bank situated in Siwan or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code CNRB0001706. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Ramgarh (Siwan Dist.), Siwan
Below in the table are the key details related to IFSC Code CNRB0001706 of Canara Bank for its branch located in Siwan, within the district of Ramgarh in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0001706 |
| Branch | Ramgarh (Siwan Dist.) |
| City | Siwan |
| District | Ramgarh |
| State | Bihar |
| Address | Village & P.O. Ramgarha, Via Takkipur, Dist Siwan(Bihar) - 841 244 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Siwan for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0001706 for the Ramgarh (Siwan Dist.) branch of Canara Bank has an important 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 Ramgarh (Siwan Dist.), Siwan, Bihar, is provided a unique IFSC like CNRB0001706 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Canara Bank branch in Siwan.
- 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 Siwan and Ramgarh.
- 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 Bihar and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Ramgarh (Siwan Dist.) do not get misguided to another person.
Format of the IFSC Code CNRB0001706
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 Ramgarh (Siwan Dist.) in Siwan.
For example, the IFSC Code CNRB0001706 of Canara Bank for the Ramgarh (Siwan Dist.) 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 CNRB0001706 of Canara Bank for its Ramgarh (Siwan Dist.) 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
Most banks, including Canara Bank branches in Siwan and Ramgarh, 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 Ramgarh (Siwan Dist.) or Siwan to get the exact IFSC Code CNRB0001706.
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 CNRB0001706 for Online Transfers?
Once you have the IFSC Code CNRB0001706 for the Ramgarh (Siwan Dist.) branch of Canara Bank in Siwan, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0001706. 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 CNRB0001706.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Ramgarh (Siwan Dist.) in Siwan, 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 Ramgarh (Siwan Dist.), here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Siwan manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0001706.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Village & P.O. Ramgarha, Via Takkipur, Dist Siwan(Bihar) - 841 244 located in Siwan, Ramgarh, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.