IFSC Code of Canara Bank, Chennai Ashok Nagar Retail Asset Hu Branch, Tamil Nadu

Use this page as a one-stop reference for everything related to Canara Bank's CHENNAI ASHOK NAGAR RETAIL ASSET HU branch in CHENNAI, TAMIL NADU. The branch's IFSC code CNRB0019408 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, CNRB0019408 is the IFSC of Canara Bank's CHENNAI ASHOK NAGAR RETAIL ASSET HU branch. The format is fixed: CNRB = bank code, 0 = reserved, 019408 = branch identifier.

About Canara Bank

Canara Bank operates a wide network of branches across India, including the Chennai Ashok Nagar Retail Asset Hu branch in Chennai. 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, CNRB0019408.

About the Chennai Ashok Nagar Retail Asset Hu branch

The Chennai Ashok Nagar Retail Asset Hu branch of Canara Bank is situated at 9 I FLOOR FIRST AVENUE ASHOK NAGAR CHENNAITAMIL NADU STATE 600083. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code CNRB0019408 is used.

Branch details at a glance

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 CHENNAI ASHOK NAGAR RETAIL ASSET HU branch came to be assigned the code CNRB0019408.

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 CNRB0019408, money simply cannot be routed to the CHENNAI ASHOK NAGAR RETAIL ASSET HU branch electronically.

MICR & cheque-truncation details

Cheques drawn on the Chennai Ashok Nagar Retail Asset Hu branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC CNRB0019408 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

How to transfer money using IFSC CNRB0019408

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 CNRB0019408 across all three.

NEFT to Canara Bank, CHENNAI ASHOK NAGAR RETAIL ASSET HU using IFSC CNRB0019408

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC CNRB0019408, and confirm that the system picks up Canara Bank – CHENNAI ASHOK NAGAR RETAIL ASSET HU. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to CHENNAI ASHOK NAGAR RETAIL ASSET HU

If you need to transfer ₹2 lakh or more in one go to an account at Canara Bank's CHENNAI ASHOK NAGAR RETAIL ASSET HU branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC CNRB0019408 while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to Canara Bank – CHENNAI ASHOK NAGAR RETAIL ASSET HU, use IMPS. With IFSC CNRB0019408 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 CNRB0019408 for Canara Bank – CHENNAI ASHOK NAGAR RETAIL ASSET HU, 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 Chennai Ashok Nagar Retail Asset Hu 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 CNRB0019408

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 – CHENNAI ASHOK NAGAR RETAIL ASSET HU is still mapped to IFSC CNRB0019408. 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 CNRB0019408 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Chennai Ashok Nagar Retail Asset Hu branch is mapped to IFSC CNRB0019408 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 CNRB0019408.

Banking services available

The Chennai Ashok Nagar Retail Asset Hu branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on the branch contact number.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC CNRB0019408

Online banking and IFSC CNRB0019408

Canara Bank customers can register for net banking and the bank's official mobile app once their account at the CHENNAI ASHOK NAGAR RETAIL ASSET HU 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 CNRB0019408 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.

How to reach the Chennai Ashok Nagar Retail Asset Hu branch

The branch is located at 9 I FLOOR FIRST AVENUE ASHOK NAGAR CHENNAITAMIL NADU STATE 600083, which puts it inside Chennai, the broader Chennai district, and the state of Tamil Nadu. To plan your visit:

1. Open Google Maps on your phone and search for “Canara Bank Chennai Ashok Nagar Retail Asset Hu branch” — the verified location pin for IFSC CNRB0019408 should appear at the top of the results.
2. Confirm the branch is open by calling the branch contact number before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC CNRB0019408 and your account number.

Common mistakes to avoid when using IFSC CNRB0019408

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 – CHENNAI ASHOK NAGAR RETAIL ASSET HU, 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: CNRB0019408.
• 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.

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 Chennai Ashok Nagar Retail Asset Hu branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC CNRB0019408, however, work 24x7.

Verifying IFSC CNRB0019408 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm CNRB0019408 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on the branch contact number.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Summary

The IFSC code CNRB0019408 belongs to Canara Bank's CHENNAI ASHOK NAGAR RETAIL ASSET HU branch, located at 9 I FLOOR FIRST AVENUE ASHOK NAGAR CHENNAITAMIL NADU STATE 600083 in CHENNAI, TAMIL NADU. 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.