Below are the complete branch details for Canara Bank, MATUNGA BAZAAR CURRENCY CHEST branch, located in MUMBAI, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is CNRB0015547. 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 CNRB0015547 for Canara Bank – MATUNGA BAZAAR CURRENCY CHEST — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, CNRB0015547 is the IFSC of Canara Bank's MATUNGA BAZAAR CURRENCY CHEST branch. The format is fixed: CNRB = bank code, 0 = reserved, 015547 = branch identifier.
About the bank
Canara Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Matunga Bazaar Currency Chest branch in Mumbai, Maharashtra is part of this network and uses the IFSC code CNRB0015547 for all electronic settlement.
Branch details at a glance
| Bank Name | Canara Bank |
|---|---|
| Branch | Matunga Bazaar Currency Chest |
| IFSC Code | CNRB0015547 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SHANKAR MATTHAM BUILDING,NO.3,TELANG CROSS ROAD,MATUNGA BAZAAR,MUMBAI-400019 |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| STD Code | 22 |
| Phone | 24025706 |
About this branch
The branch is located at SHANKAR MATTHAM BUILDING,NO.3,TELANG CROSS ROAD,MATUNGA BAZAAR,MUMBAI-400019. It serves the Mumbai 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 CNRB0015547 is used to identify this branch on the RBI payments network.
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 MATUNGA BAZAAR CURRENCY CHEST branch came to be assigned the code CNRB0015547.
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 CNRB0015547, money simply cannot be routed to the MATUNGA BAZAAR CURRENCY CHEST branch electronically.
Account types you can open at the Matunga Bazaar Currency Chest branch
Once you have an account at Canara Bank – MATUNGA BAZAAR CURRENCY CHEST, the IFSC CNRB0015547 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 Matunga Bazaar Currency Chest branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 22-24025706.
- 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 CNRB0015547
How to transfer money using IFSC CNRB0015547
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 CNRB0015547 across all three.
NEFT to Canara Bank, MATUNGA BAZAAR CURRENCY CHEST using IFSC CNRB0015547
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 CNRB0015547, and confirm that the system picks up Canara Bank – MATUNGA BAZAAR CURRENCY CHEST. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to MATUNGA BAZAAR CURRENCY CHEST
If you need to transfer ₹2 lakh or more in one go to an account at Canara Bank's MATUNGA BAZAAR CURRENCY CHEST branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC CNRB0015547 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 – MATUNGA BAZAAR CURRENCY CHEST, use IMPS. With IFSC CNRB0015547 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 Matunga Bazaar Currency Chest
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 CNRB0015547:
- 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 MATUNGA BAZAAR CURRENCY CHEST is still linked to IFSC CNRB0015547.
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 MATUNGA BAZAAR CURRENCY CHEST branch, the IFSC CNRB0015547 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.
Digital banking channels
Most day-to-day work that customers used to do at the Matunga Bazaar Currency Chest 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 CNRB0015547 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 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 CNRB0015547 and the account number together uniquely identify the Matunga Bazaar Currency Chest branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
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 – MATUNGA BAZAAR CURRENCY CHEST:
- The IFSC is exactly CNRB0015547 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 MATUNGA BAZAAR CURRENCY CHEST 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 Matunga Bazaar Currency Chest branch
The branch is located at SHANKAR MATTHAM BUILDING,NO.3,TELANG CROSS ROAD,MATUNGA BAZAAR,MUMBAI-400019, which puts it inside Mumbai, the broader Mumbai district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Canara Bank Matunga Bazaar Currency Chest branch” — the verified location pin for IFSC CNRB0015547 should appear at the top of the results.
- Confirm the branch is open by calling 22-24025706 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 CNRB0015547 and your account number.
Verifying IFSC CNRB0015547 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 CNRB0015547 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 22-24025706.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Matunga Bazaar Currency Chest 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 CNRB0015547 continue to work without interruption.
Branch address & contact
Canara BankMatunga Bazaar Currency Chest Branch
SHANKAR MATTHAM BUILDING,NO.3,TELANG CROSS ROAD,MATUNGA BAZAAR,MUMBAI-400019
Mumbai, Maharashtra
Phone: 22-24025706
IFSC: CNRB0015547
Frequently asked questions
What is the phone number of Canara Bank Matunga Bazaar Currency Chest branch?
You can reach the branch at 22-24025706 during regular banking hours.
Is IFSC CNRB0015547 valid for NEFT and RTGS?
Yes. IFSC CNRB0015547 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC CNRB0015547 the same for all accounts at Matunga Bazaar Currency Chest branch?
Yes. The IFSC CNRB0015547 is shared by every account held at Canara Bank's Matunga Bazaar Currency Chest branch. Only the account number changes from customer to customer.
Does Canara Bank Matunga Bazaar Currency Chest branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 22-24025706 to confirm.
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 Matunga Bazaar Currency Chest branch but serve different purposes.
How quickly will an NEFT transfer using CNRB0015547 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Canara Bank – Matunga Bazaar Currency Chest reflect within 30 minutes.
How do I add Canara Bank Matunga Bazaar Currency Chest as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC CNRB0015547, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the IFSC code of Canara Bank Matunga Bazaar Currency Chest branch?
The IFSC code of Canara Bank, Matunga Bazaar Currency Chest branch is CNRB0015547. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code CNRB0015547 belongs to Canara Bank's MATUNGA BAZAAR CURRENCY CHEST branch, located at SHANKAR MATTHAM BUILDING,NO.3,TELANG CROSS ROAD,MATUNGA BAZAAR,MUMBAI-400019 in MUMBAI, MAHARASHTRA. 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.
