This page lists the IFSC code, branch address, contact number and fund-transfer information for Canara Bank, NORTH VELI STREET,MADURAI branch in MADURAI. The 11-digit IFSC CNRB0001011 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Canara Bank at the NORTH VELI STREET,MADURAI location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
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 – NORTH VELI STREET,MADURAI is CNRB0001011. The first four letters CNRB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001011 map to this branch in MADURAI, TAMIL NADU.
Branch details at a glance
| Bank Name | Canara Bank |
|---|---|
| Branch | North Veli Street,Madurai |
| IFSC Code | CNRB0001011 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 33, NORTH VELI STREET, MADURAI 625001, |
| City | Madurai |
| District | Madurai |
| State | Tamil Nadu |
| STD Code | 452 |
| Phone | 2343273 |
About the bank
Canara Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its North Veli Street,Madurai branch in Madurai, Tamil Nadu is part of this network and uses the IFSC code CNRB0001011 for all electronic settlement.
About this branch
The branch is located at 33, NORTH VELI STREET, MADURAI 625001,. It serves the Madurai 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 CNRB0001011 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 NORTH VELI STREET,MADURAI of Canara Bank — its own 11-character IFSC. The code CNRB0001011 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 CNRB0001011 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC CNRB0001011
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 CNRB0001011 across all three.
NEFT to Canara Bank, NORTH VELI STREET,MADURAI using IFSC CNRB0001011
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 CNRB0001011, and confirm that the system picks up Canara Bank – NORTH VELI STREET,MADURAI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to NORTH VELI STREET,MADURAI
If you need to transfer ₹2 lakh or more in one go to an account at Canara Bank's NORTH VELI STREET,MADURAI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC CNRB0001011 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 – NORTH VELI STREET,MADURAI, use IMPS. With IFSC CNRB0001011 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to North Veli Street,Madurai
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 CNRB0001011:
- 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 NORTH VELI STREET,MADURAI is still linked to IFSC CNRB0001011.
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.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Canara Bank's NORTH VELI STREET,MADURAI branch, the IFSC CNRB0001011 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Account types you can open at the North Veli Street,Madurai branch
Once you have an account at Canara Bank – NORTH VELI STREET,MADURAI, the IFSC CNRB0001011 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 North Veli Street,Madurai branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 452-2343273.
- 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 CNRB0001011
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 CNRB0001011 and the account number together uniquely identify the North Veli Street,Madurai branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the North Veli Street,Madurai 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 CNRB0001011 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.
Common mistakes to avoid when using IFSC CNRB0001011
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 – NORTH VELI STREET,MADURAI, 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:
CNRB0001011. - 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 North Veli Street,Madurai branch
The branch is located at 33, NORTH VELI STREET, MADURAI 625001,, which puts it inside Madurai, the broader Madurai district, and the state of Tamil Nadu. To plan your visit:
- Open Google Maps on your phone and search for “Canara Bank North Veli Street,Madurai branch” — the verified location pin for IFSC CNRB0001011 should appear at the top of the results.
- Confirm the branch is open by calling 452-2343273 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 CNRB0001011 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC CNRB0001011 for Canara Bank – NORTH VELI STREET,MADURAI, 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 North Veli Street,Madurai branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC CNRB0001011, however, work 24x7.
Branch address & contact
Canara BankNorth Veli Street,Madurai Branch
33, NORTH VELI STREET, MADURAI 625001,
Madurai, Tamil Nadu
Phone: 452-2343273
IFSC: CNRB0001011
Frequently asked questions
Can I use IFSC CNRB0001011 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC CNRB0001011 to send funds instantly.
Does Canara Bank North Veli Street,Madurai branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 452-2343273 to confirm.
What is the IFSC code of Canara Bank North Veli Street,Madurai branch?
The IFSC code of Canara Bank, North Veli Street,Madurai branch is CNRB0001011. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add Canara Bank North Veli Street,Madurai as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC CNRB0001011, and complete OTP verification. Once activated, you can transfer funds at any time.
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 North Veli Street,Madurai branch but serve different purposes.
Is IFSC CNRB0001011 the same for all accounts at North Veli Street,Madurai branch?
Yes. The IFSC CNRB0001011 is shared by every account held at Canara Bank's North Veli Street,Madurai branch. Only the account number changes from customer to customer.
Is IFSC CNRB0001011 valid for NEFT and RTGS?
Yes. IFSC CNRB0001011 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of Canara Bank North Veli Street,Madurai branch?
You can reach the branch at 452-2343273 during regular banking hours.
Final notes
To recap: CNRB0001011 is the IFSC code of Canara Bank, NORTH VELI STREET,MADURAI branch, in MADURAI, TAMIL NADU. 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.
