This page lists the IFSC code, branch address, contact number and fund-transfer information for Canara Bank, SPECIALISED MID CORPORATE MADURAI branch in MADURAI. The 11-digit IFSC CNRB0007016 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 SPECIALISED MID CORPORATE 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 – SPECIALISED MID CORPORATE MADURAI is CNRB0007016. The first four letters CNRB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 007016 map to this branch in MADURAI, TAMIL NADU.
Branch details at a glance
| Bank Name | Canara Bank |
|---|---|
| Branch | Specialised Mid Corporate Madurai |
| IFSC Code | CNRB0007016 |
| MICR Code | Refer to cheque leaf |
| Branch Address | DOOR NO 159 TO 162 KAMARAJAR SALAI NEAR THEPPAKULAM MADURAI TAMILNADU 625009 |
| City | Madurai |
| District | Madurai |
| State | Tamil Nadu |
| STD Code | 45 |
| Phone | 22311788 |
About Canara Bank
Canara Bank operates a wide network of branches across India, including the Specialised Mid Corporate Madurai branch in Madurai. 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, CNRB0007016.
About this branch
The branch is located at DOOR NO 159 TO 162 KAMARAJAR SALAI NEAR THEPPAKULAM MADURAI TAMILNADU 625009. 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 CNRB0007016 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 SPECIALISED MID CORPORATE MADURAI of Canara Bank — its own 11-character IFSC. The code CNRB0007016 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 CNRB0007016 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 CNRB0007016
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 CNRB0007016 across all three.
NEFT to Canara Bank, SPECIALISED MID CORPORATE MADURAI using IFSC CNRB0007016
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 CNRB0007016, and confirm that the system picks up Canara Bank – SPECIALISED MID CORPORATE 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 SPECIALISED MID CORPORATE MADURAI
If you need to transfer ₹2 lakh or more in one go to an account at Canara Bank's SPECIALISED MID CORPORATE MADURAI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC CNRB0007016 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 – SPECIALISED MID CORPORATE MADURAI, use IMPS. With IFSC CNRB0007016 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 Specialised Mid Corporate 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 CNRB0007016:
- 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 SPECIALISED MID CORPORATE MADURAI is still linked to IFSC CNRB0007016.
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 SPECIALISED MID CORPORATE MADURAI branch, the IFSC CNRB0007016 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 Specialised Mid Corporate Madurai branch
Once you have an account at Canara Bank – SPECIALISED MID CORPORATE MADURAI, the IFSC CNRB0007016 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 Specialised Mid Corporate Madurai branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 45-22311788.
- 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 CNRB0007016
MICR & cheque-truncation details
Cheques drawn on the Specialised Mid Corporate Madurai branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC CNRB0007016 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Specialised Mid Corporate 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 CNRB0007016 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 CNRB0007016
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 – SPECIALISED MID CORPORATE 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:
CNRB0007016. - 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 Specialised Mid Corporate Madurai branch sits at DOOR NO 159 TO 162 KAMARAJAR SALAI NEAR THEPPAKULAM MADURAI TAMILNADU 625009. If you are travelling from outside Madurai, search for the branch on a maps application using the bank name and locality, or call 45-22311788 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 CNRB0007016 and your account number.
Verifying IFSC CNRB0007016 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 CNRB0007016 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 45-22311788.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Specialised Mid Corporate Madurai are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to CNRB0007016 continue to work without interruption.
Branch address & contact
Canara BankSpecialised Mid Corporate Madurai Branch
DOOR NO 159 TO 162 KAMARAJAR SALAI NEAR THEPPAKULAM MADURAI TAMILNADU 625009
Madurai, Tamil Nadu
Phone: 45-22311788
IFSC: CNRB0007016
Frequently asked questions
Is IFSC CNRB0007016 the same for all accounts at Specialised Mid Corporate Madurai branch?
Yes. The IFSC CNRB0007016 is shared by every account held at Canara Bank's Specialised Mid Corporate Madurai branch. Only the account number changes from customer to customer.
What is the IFSC code of Canara Bank Specialised Mid Corporate Madurai branch?
The IFSC code of Canara Bank, Specialised Mid Corporate Madurai branch is CNRB0007016. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the phone number of Canara Bank Specialised Mid Corporate Madurai branch?
You can reach the branch at 45-22311788 during regular banking hours.
Can I use IFSC CNRB0007016 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC CNRB0007016 to send funds instantly.
How quickly will an NEFT transfer using CNRB0007016 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Canara Bank – Specialised Mid Corporate Madurai reflect within 30 minutes.
Is IFSC CNRB0007016 valid for NEFT and RTGS?
Yes. IFSC CNRB0007016 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add Canara Bank Specialised Mid Corporate Madurai as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC CNRB0007016, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code CNRB0007016 belongs to Canara Bank's SPECIALISED MID CORPORATE MADURAI branch, located at DOOR NO 159 TO 162 KAMARAJAR SALAI NEAR THEPPAKULAM MADURAI TAMILNADU 625009 in MADURAI, 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.
