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 Margherita branch in Tinsukia, Tinsukia, Assam, 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 Tinsukia or anywhere in Assam can transfer funds instantly by using the correct IFSC Code CNRB0005855. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Canara Bank, Margherita, Tinsukia
The table below shows the main details of the IFSC Code CNRB0005855 for the Canara Bank branch in Tinsukia, which falls under the Tinsukia district in Assam.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0005855 |
| Branch | Margherita |
| City | Tinsukia |
| District | Tinsukia |
| State | Assam |
| Address | Canara Bank Thana Road Venearmill Bazar Po Marghrita Dist Tinsukia Assam 786181 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in Tinsukia for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0005855 for the Margherita branch of Canara Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like CNRB0005855 is given to every bank branch, including Canara Bank located in Margherita, Tinsukia, Assam, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Canara Bank branch in Tinsukia.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Tinsukia and Tinsukia.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Assam and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Margherita doesn't end up at another location.
Format of the IFSC Code CNRB0005855
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 Margherita in Tinsukia.
For example, the IFSC Code CNRB0005855 of Canara Bank for the Margherita branch includes these elements, identifying the bank and the branch location in Tinsukia and Assam correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0005855 of Canara Bank for its Margherita branch located in Tinsukia, 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 Tinsukia and Tinsukia, 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 Margherita or Tinsukia to get the exact IFSC Code CNRB0005855.
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 Tinsukia that will provide accurate information.
How to Use IFSC Code CNRB0005855 for Online Transfers?
Once you have the IFSC Code CNRB0005855 for the Margherita branch of Canara Bank in Tinsukia, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0005855. 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 CNRB0005855.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Margherita in Tinsukia may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Canara Bank in Margherita, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Tinsukia manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0005855.
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 Canara Bank Thana Road Venearmill Bazar Po Marghrita Dist Tinsukia Assam 786181 located in Tinsukia, Tinsukia, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
