Use this page as a one-stop reference for everything related to Canara Bank's BANUR branch in BANUR, PUNJAB. The branch's IFSC code CNRB0004198 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.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, CNRB0004198 is the IFSC of Canara Bank's BANUR branch. The format is fixed: CNRB = bank code, 0 = reserved, 004198 = branch identifier.
About the bank
Canara Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Banur branch in Banur, Punjab is part of this network and uses the IFSC code CNRB0004198 for all electronic settlement.
Branch details at a glance
| Bank Name | Canara Bank |
|---|---|
| Branch | Banur |
| IFSC Code | CNRB0004198 |
| MICR Code | Refer to cheque leaf |
| Branch Address | W. NO. 1, CHD- PATIALA ROAD, NEAR SANDHU RESIDENCY, BANUR-140601 DISTT. MOHALI |
| City | Banur |
| District | Patiala |
| State | Punjab |
| STD Code | 91 |
| Phone | 1234567890 |
About this branch
The branch is located at W. NO. 1, CHD- PATIALA ROAD, NEAR SANDHU RESIDENCY, BANUR-140601 DISTT. MOHALI. It serves the Banur region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Canara Bank. The IFSC CNRB0004198 is used to identify this branch on the RBI payments network.
Why every Canara Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including BANUR of Canara Bank — its own 11-character IFSC. The code CNRB0004198 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC CNRB0004198 the same way you would treat your account number — verify it once and save it carefully for future use.
Products and account variants supported
Every account opened at the Banur branch is mapped to IFSC CNRB0004198 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 CNRB0004198.
Products and services
Customers walking into the Banur 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 CNRB0004198
How to transfer money using IFSC CNRB0004198
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 CNRB0004198 across all three.
How to use IFSC CNRB0004198 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Canara Bank's BANUR 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).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC CNRB0004198.
- Confirm the bank name auto-populates as Canara Bank and the branch as BANUR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC CNRB0004198
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Canara Bank – BANUR, ensure your bank's portal accepts IFSC CNRB0004198 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Canara Bank – BANUR, use IMPS. With IFSC CNRB0004198 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC CNRB0004198 for Canara Bank – BANUR, 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.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – CNRB0004198 | Yes – CNRB0004198 | Yes – CNRB0004198 |
For most retail customers crediting the Banur 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 CNRB0004198
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 – BANUR is still mapped to IFSC CNRB0004198. 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 CNRB0004198 and the beneficiary's account number to complete the transfer.
Online banking and IFSC CNRB0004198
Canara Bank customers can register for net banking and the bank's official mobile app once their account at the BANUR branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC CNRB0004198 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
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 CNRB0004198 and the account number together uniquely identify the Banur branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Canara Bank – BANUR:
- The IFSC is exactly CNRB0004198 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Canara Bank as the bank name and BANUR as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Reaching the branch
The Banur branch sits at W. NO. 1, CHD- PATIALA ROAD, NEAR SANDHU RESIDENCY, BANUR-140601 DISTT. MOHALI. If you are travelling from outside Banur, search for the branch on a maps application using the bank name and locality, or call 91-1234567890 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 CNRB0004198 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC CNRB0004198 for Canara Bank – BANUR, 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 Banur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC CNRB0004198, however, work 24x7.
Branch address & contact
Canara BankBanur Branch
W. NO. 1, CHD- PATIALA ROAD, NEAR SANDHU RESIDENCY, BANUR-140601 DISTT. MOHALI
Banur, Punjab
Phone: 91-1234567890
IFSC: CNRB0004198
Frequently asked questions
Is IFSC CNRB0004198 valid for NEFT and RTGS?
Yes. IFSC CNRB0004198 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC CNRB0004198 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC CNRB0004198 to send funds instantly.
Where is Canara Bank Banur branch located?
Canara Bank's Banur branch is located at W. NO. 1, CHD- PATIALA ROAD, NEAR SANDHU RESIDENCY, BANUR-140601 DISTT. MOHALI, Banur, Punjab.
What is the IFSC code of Canara Bank Banur branch?
The IFSC code of Canara Bank, Banur branch is CNRB0004198. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Does Canara Bank Banur branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-1234567890 to confirm.
Is IFSC CNRB0004198 the same for all accounts at Banur branch?
Yes. The IFSC CNRB0004198 is shared by every account held at Canara Bank's Banur branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using CNRB0004198 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Canara Bank – Banur reflect within 30 minutes.
What is the phone number of Canara Bank Banur branch?
You can reach the branch at 91-1234567890 during regular banking hours.
Summary
The IFSC code CNRB0004198 belongs to Canara Bank's BANUR branch, located at W. NO. 1, CHD- PATIALA ROAD, NEAR SANDHU RESIDENCY, BANUR-140601 DISTT. MOHALI in BANUR, PUNJAB. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
