Below are the complete branch details for Canara Bank, MADHVANAGAR branch, located in MADHVANAGAR, KARNATAKA. The IFSC assigned by the Reserve Bank of India to this branch is CNRB0010195. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case CNRB0010195 for Canara Bank – MADHVANAGAR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Canara Bank – MADHVANAGAR is CNRB0010195. The first four letters CNRB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 010195 map to this branch in MADHVANAGAR, KARNATAKA.
About the bank
Canara Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Madhvanagar branch in Madhvanagar, Karnataka is part of this network and uses the IFSC code CNRB0010195 for all electronic settlement.
Branch details at a glance
| Bank Name | Canara Bank |
|---|---|
| Branch | Madhvanagar |
| IFSC Code | CNRB0010195 |
| MICR Code | Refer to cheque leaf |
| Branch Address | KUNJARGIRI POST MADHVANAGAR VIA KATPADY UDUPI TQ UDUPI DIST PIN 574 105 |
| City | Madhvanagar |
| District | Udupi |
| State | Karnataka |
Madhvanagar branch overview
Located at KUNJARGIRI POST MADHVANAGAR VIA KATPADY UDUPI TQ UDUPI DIST PIN 574 105, the Madhvanagar branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC CNRB0010195 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 MADHVANAGAR branch came to be assigned the code CNRB0010195.
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 CNRB0010195, money simply cannot be routed to the MADHVANAGAR branch electronically.
Account types you can open at the Madhvanagar branch
Once you have an account at Canara Bank – MADHVANAGAR, the IFSC CNRB0010195 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Banking services available
The Madhvanagar 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 CNRB0010195
How to transfer money using IFSC CNRB0010195
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 CNRB0010195 across all three.
How to use IFSC CNRB0010195 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Canara Bank's MADHVANAGAR 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 CNRB0010195.
- Confirm the bank name auto-populates as Canara Bank and the branch as MADHVANAGAR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC CNRB0010195
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 – MADHVANAGAR, ensure your bank's portal accepts IFSC CNRB0010195 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Canara Bank MADHVANAGAR (IFSC CNRB0010195)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC CNRB0010195 in your mobile or internet banking app, and the money is credited to the MADHVANAGAR branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Madhvanagar
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC CNRB0010195:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at MADHVANAGAR is still linked to IFSC CNRB0010195.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
UPI payments and IFSC CNRB0010195
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 – MADHVANAGAR is still mapped to IFSC CNRB0010195. 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 CNRB0010195 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 Madhvanagar 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 CNRB0010195 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 & cheque-truncation details
Cheques drawn on the Madhvanagar branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC CNRB0010195 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC CNRB0010195
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 – MADHVANAGAR, 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:
CNRB0010195. - 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.
How to reach the Madhvanagar branch
The branch is located at KUNJARGIRI POST MADHVANAGAR VIA KATPADY UDUPI TQ UDUPI DIST PIN 574 105, which puts it inside Madhvanagar, the broader Udupi district, and the state of Karnataka. To plan your visit:
- Open Google Maps on your phone and search for “Canara Bank Madhvanagar branch” — the verified location pin for IFSC CNRB0010195 should appear at the top of the results.
- Confirm the branch is open by calling the branch contact number before stepping out, especially around public holidays.
- 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 CNRB0010195 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC CNRB0010195 for Canara Bank – MADHVANAGAR, 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 Madhvanagar branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC CNRB0010195, however, work 24x7.
Branch address & contact
Canara BankMadhvanagar Branch
KUNJARGIRI POST MADHVANAGAR VIA KATPADY UDUPI TQ UDUPI DIST PIN 574 105
Madhvanagar, Karnataka
Phone: the branch contact number
IFSC: CNRB0010195
Frequently asked questions
How quickly will an NEFT transfer using CNRB0010195 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Canara Bank – Madhvanagar reflect within 30 minutes.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Madhvanagar branch but serve different purposes.
What is the phone number of Canara Bank Madhvanagar branch?
You can reach the branch at the branch contact number during regular banking hours.
Is IFSC CNRB0010195 the same for all accounts at Madhvanagar branch?
Yes. The IFSC CNRB0010195 is shared by every account held at Canara Bank's Madhvanagar branch. Only the account number changes from customer to customer.
What is the IFSC code of Canara Bank Madhvanagar branch?
The IFSC code of Canara Bank, Madhvanagar branch is CNRB0010195. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Does Canara Bank Madhvanagar branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
Summary
The IFSC code CNRB0010195 belongs to Canara Bank's MADHVANAGAR branch, located at KUNJARGIRI POST MADHVANAGAR VIA KATPADY UDUPI TQ UDUPI DIST PIN 574 105 in MADHVANAGAR, KARNATAKA. 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.
