Below are the complete branch details for Canara Bank, MAGENGERA branch, located in MAGENGERA, KARNATAKA. The IFSC assigned by the Reserve Bank of India to this branch is CNRB0007427. 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 CNRB0007427 for Canara Bank – MAGENGERA — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Canara Bank's MAGENGERA branch, the IFSC CNRB0007427 breaks down as follows: CNRB identifies the bank, 0 is the reserved character, and 007427 identifies this particular branch.
Branch details at a glance
| Bank Name | Canara Bank |
|---|---|
| Branch | Magengera |
| IFSC Code | CNRB0007427 |
| MICR Code | Refer to cheque leaf |
| Branch Address | OPP VETENARY HOSPITAL SINDAGI ROAD JEWARGI TALUK MAGENGERA KALABURGI DIST KARNATAKA 585325 |
| City | Magengera |
| District | Kalaburgi Dist |
| State | Karnataka |
About Canara Bank
Canara Bank operates a wide network of branches across India, including the Magengera branch in Magengera. 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, CNRB0007427.
About the Magengera branch
The Magengera branch of Canara Bank is situated at OPP VETENARY HOSPITAL SINDAGI ROAD JEWARGI TALUK MAGENGERA KALABURGI DIST KARNATAKA 585325. 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 CNRB0007427 is used.
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 MAGENGERA branch came to be assigned the code CNRB0007427.
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 CNRB0007427, money simply cannot be routed to the MAGENGERA branch electronically.
How to transfer money using IFSC CNRB0007427
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 CNRB0007427 across all three.
NEFT to Canara Bank, MAGENGERA using IFSC CNRB0007427
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 CNRB0007427, and confirm that the system picks up Canara Bank – MAGENGERA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC CNRB0007427
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 – MAGENGERA, ensure your bank's portal accepts IFSC CNRB0007427 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Canara Bank MAGENGERA (IFSC CNRB0007427)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC CNRB0007427 in your mobile or internet banking app, and the money is credited to the MAGENGERA branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC CNRB0007427 for Canara Bank – MAGENGERA, 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 – CNRB0007427 | Yes – CNRB0007427 | Yes – CNRB0007427 |
For most retail customers crediting the Magengera 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.
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 MAGENGERA branch, the IFSC CNRB0007427 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.
Products and account variants supported
Every account opened at the Magengera branch is mapped to IFSC CNRB0007427 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 CNRB0007427.
Products and services
Customers walking into the Magengera 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 CNRB0007427
MICR & cheque-truncation details
Cheques drawn on the Magengera branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC CNRB0007427 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC CNRB0007427
Canara Bank customers can register for net banking and the bank's official mobile app once their account at the MAGENGERA 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 CNRB0007427 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.
Common mistakes to avoid when using IFSC CNRB0007427
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 – MAGENGERA, 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:
CNRB0007427. - 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 Magengera branch
The branch is located at OPP VETENARY HOSPITAL SINDAGI ROAD JEWARGI TALUK MAGENGERA KALABURGI DIST KARNATAKA 585325, which puts it inside Magengera, the broader Kalaburgi Dist district, and the state of Karnataka. To plan your visit:
- Open Google Maps on your phone and search for “Canara Bank Magengera branch” — the verified location pin for IFSC CNRB0007427 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 CNRB0007427 and your account number.
Verifying IFSC CNRB0007427 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 CNRB0007427 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.
Working hours
Branch counters at Magengera 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 CNRB0007427 continue to work without interruption.
Branch address & contact
Canara BankMagengera Branch
OPP VETENARY HOSPITAL SINDAGI ROAD JEWARGI TALUK MAGENGERA KALABURGI DIST KARNATAKA 585325
Magengera, Karnataka
Phone: the branch contact number
IFSC: CNRB0007427
Frequently asked questions
Where is Canara Bank Magengera branch located?
Canara Bank's Magengera branch is located at OPP VETENARY HOSPITAL SINDAGI ROAD JEWARGI TALUK MAGENGERA KALABURGI DIST KARNATAKA 585325, Magengera, Karnataka.
Can I use IFSC CNRB0007427 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC CNRB0007427 to send funds instantly.
How quickly will an NEFT transfer using CNRB0007427 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Canara Bank – Magengera 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 Magengera branch but serve different purposes.
Is IFSC CNRB0007427 valid for NEFT and RTGS?
Yes. IFSC CNRB0007427 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of Canara Bank Magengera branch?
You can reach the branch at the branch contact number during regular banking hours.
Final notes
To recap: CNRB0007427 is the IFSC code of Canara Bank, MAGENGERA branch, in MAGENGERA, KARNATAKA. 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.
