IFSC Code of Canara Bank, Asset Rec. Mgmt. Br.,Bangalore Branch, Karnataka

Use this page as a one-stop reference for everything related to Canara Bank's ASSET REC. MGMT. BR.,BANGALORE branch in BANGALORE, KARNATAKA. The branch's IFSC code CNRB0002366 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For Canara Bank's ASSET REC. MGMT. BR.,BANGALORE branch, the IFSC CNRB0002366 breaks down as follows: CNRB identifies the bank, 0 is the reserved character, and 002366 identifies this particular branch.

About Canara Bank

Canara Bank operates a wide network of branches across India, including the Asset Rec. Mgmt. Br.,Bangalore branch in Bangalore. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, CNRB0002366.

Branch details at a glance

Asset Rec. Mgmt. Br.,Bangalore branch overview

Located at II FLOOR, SPENCER TOWERS, NO.86, M.G.ROAD, BANGALORE 560 001, the Asset Rec. Mgmt. Br.,Bangalore branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC CNRB0002366 is required for all interbank electronic transfers routed through this branch.

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Canara Bank's ASSET REC. MGMT. BR.,BANGALORE branch came to be assigned the code CNRB0002366.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC CNRB0002366, money simply cannot be routed to the ASSET REC. MGMT. BR.,BANGALORE branch electronically.

Products and account variants supported

Every account opened at the Asset Rec. Mgmt. Br.,Bangalore branch is mapped to IFSC CNRB0002366 on the RBI payments network. The branch generally supports the full retail product catalogue of Canara Bank, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains CNRB0002366.

Products and services

Customers walking into the Asset Rec. Mgmt. Br.,Bangalore branch can access most of Canara Bank's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC CNRB0002366

How to transfer money using IFSC CNRB0002366

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC CNRB0002366 across all three.

How to use IFSC CNRB0002366 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Canara Bank's ASSET REC. MGMT. BR.,BANGALORE branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC CNRB0002366.
4. Confirm the bank name auto-populates as Canara Bank and the branch as ASSET REC. MGMT. BR.,BANGALORE.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to ASSET REC. MGMT. BR.,BANGALORE

If you need to transfer ₹2 lakh or more in one go to an account at Canara Bank's ASSET REC. MGMT. BR.,BANGALORE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC CNRB0002366 while initiating the transfer and the credit will appear within minutes.

IMPS to Canara Bank ASSET REC. MGMT. BR.,BANGALORE (IFSC CNRB0002366)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC CNRB0002366 in your mobile or internet banking app, and the money is credited to the ASSET REC. MGMT. BR.,BANGALORE branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC CNRB0002366 for Canara Bank – ASSET REC. MGMT. BR.,BANGALORE, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the Asset Rec. Mgmt. Br.,Bangalore branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

UPI payments and IFSC CNRB0002366

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Canara Bank – ASSET REC. MGMT. BR.,BANGALORE is still mapped to IFSC CNRB0002366. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC CNRB0002366 and the beneficiary's account number to complete the transfer.

Digital banking channels

Most day-to-day work that customers used to do at the Asset Rec. Mgmt. Br.,Bangalore branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC CNRB0002366 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by Canara Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC CNRB0002366 and the account number together uniquely identify the Asset Rec. Mgmt. Br.,Bangalore branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Common mistakes to avoid when using IFSC CNRB0002366

An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Canara Bank – ASSET REC. MGMT. BR.,BANGALORE, double-check for these issues:

• Confusing 0 with O. The fifth character of every IFSC is the digit 0, not the letter O. Read carefully.
• Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters: CNRB0002366.
• Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
• Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
• Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.

Reaching the branch

The Asset Rec. Mgmt. Br.,Bangalore branch sits at II FLOOR, SPENCER TOWERS, NO.86, M.G.ROAD, BANGALORE 560 001. If you are travelling from outside Bangalore, search for the branch on a maps application using the bank name and locality, or call 80-23565517 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC CNRB0002366 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC CNRB0002366 for Canara Bank – ASSET REC. MGMT. BR.,BANGALORE, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Asset Rec. Mgmt. Br.,Bangalore branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC CNRB0002366, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: CNRB0002366 is the IFSC code of Canara Bank, ASSET REC. MGMT. BR.,BANGALORE branch, in BANGALORE, KARNATAKA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.