If you are searching for the IFSC code of Canara Bank, MALERKOTLA II branch in MALERKOTLA, PUNJAB, this page has every detail you need. The verified IFSC code for this branch is CNRB0018122. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the MALERKOTLA II branch, and detailed step-by-step guides for using the IFSC CNRB0018122 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular 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 – MALERKOTLA II is CNRB0018122. The first four letters CNRB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 018122 map to this branch in MALERKOTLA, PUNJAB.
Branch details at a glance
| Bank Name | Canara Bank |
|---|---|
| Branch | Malerkotla Ii |
| IFSC Code | CNRB0018122 |
| MICR Code | Refer to cheque leaf |
| Branch Address | CANARA BANK THANDI SARAK WARD NO 6 MALERKOTLA DISTT SANGRUR MALERKOTLA PUNJAB INDIA 148023 |
| City | Malerkotla |
| District | Sangrur |
| State | Punjab |
Bank profile
Canara Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Malerkotla Ii branch — IFSC CNRB0018122 — extends the bank's services to customers in and around Malerkotla, Punjab.
About this branch
The branch is located at CANARA BANK THANDI SARAK WARD NO 6 MALERKOTLA DISTT SANGRUR MALERKOTLA PUNJAB INDIA 148023. It serves the Malerkotla 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 CNRB0018122 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 MALERKOTLA II of Canara Bank — its own 11-character IFSC. The code CNRB0018122 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 CNRB0018122 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 CNRB0018122
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 CNRB0018122 across all three.
How to use IFSC CNRB0018122 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Canara Bank's MALERKOTLA II 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 CNRB0018122.
- Confirm the bank name auto-populates as Canara Bank and the branch as MALERKOTLA II.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to MALERKOTLA II
If you need to transfer ₹2 lakh or more in one go to an account at Canara Bank's MALERKOTLA II branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC CNRB0018122 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 – MALERKOTLA II, use IMPS. With IFSC CNRB0018122 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 CNRB0018122 for Canara Bank – MALERKOTLA II, 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 – CNRB0018122 | Yes – CNRB0018122 | Yes – CNRB0018122 |
For most retail customers crediting the Malerkotla Ii 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 MALERKOTLA II branch, the IFSC CNRB0018122 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 Malerkotla Ii branch
Once you have an account at Canara Bank – MALERKOTLA II, the IFSC CNRB0018122 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 Malerkotla Ii 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 CNRB0018122
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 CNRB0018122 and the account number together uniquely identify the Malerkotla Ii branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC CNRB0018122
Canara Bank customers can register for net banking and the bank's official mobile app once their account at the MALERKOTLA II 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 CNRB0018122 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.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Canara Bank – MALERKOTLA II:
- The IFSC is exactly CNRB0018122 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Canara Bank as the bank name and MALERKOTLA II as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
How to reach the Malerkotla Ii branch
The branch is located at CANARA BANK THANDI SARAK WARD NO 6 MALERKOTLA DISTT SANGRUR MALERKOTLA PUNJAB INDIA 148023, which puts it inside Malerkotla, the broader Sangrur district, and the state of Punjab. To plan your visit:
- Open Google Maps on your phone and search for “Canara Bank Malerkotla Ii branch” — the verified location pin for IFSC CNRB0018122 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 CNRB0018122 and your account number.
Verifying IFSC CNRB0018122 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 CNRB0018122 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 Malerkotla Ii 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 CNRB0018122 continue to work without interruption.
Branch address & contact
Canara BankMalerkotla Ii Branch
CANARA BANK THANDI SARAK WARD NO 6 MALERKOTLA DISTT SANGRUR MALERKOTLA PUNJAB INDIA 148023
Malerkotla, Punjab
Phone: the branch contact number
IFSC: CNRB0018122
Frequently asked questions
Can I use IFSC CNRB0018122 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC CNRB0018122 to send funds instantly.
Where is Canara Bank Malerkotla Ii branch located?
Canara Bank's Malerkotla Ii branch is located at CANARA BANK THANDI SARAK WARD NO 6 MALERKOTLA DISTT SANGRUR MALERKOTLA PUNJAB INDIA 148023, Malerkotla, Punjab.
Is IFSC CNRB0018122 the same for all accounts at Malerkotla Ii branch?
Yes. The IFSC CNRB0018122 is shared by every account held at Canara Bank's Malerkotla Ii branch. Only the account number changes from customer to customer.
What is the phone number of Canara Bank Malerkotla Ii branch?
You can reach the branch at the branch contact number during regular banking hours.
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 Malerkotla Ii branch but serve different purposes.
Does Canara Bank Malerkotla Ii branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
Is IFSC CNRB0018122 valid for NEFT and RTGS?
Yes. IFSC CNRB0018122 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add Canara Bank Malerkotla Ii as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC CNRB0018122, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code CNRB0018122 belongs to Canara Bank's MALERKOTLA II branch, located at CANARA BANK THANDI SARAK WARD NO 6 MALERKOTLA DISTT SANGRUR MALERKOTLA PUNJAB… in MALERKOTLA, PUNJAB. 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.
