Below are the complete branch details for Canara Bank, MUMBAI STRESSED ASSETS MANAGEMENT branch, located in MUMBAI, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is CNRB0015550. 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 CNRB0015550 for Canara Bank – MUMBAI STRESSED ASSETS MANAGEMENT — 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, CNRB0015550 is the IFSC of Canara Bank's MUMBAI STRESSED ASSETS MANAGEMENT branch. The format is fixed: CNRB = bank code, 0 = reserved, 015550 = 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 Mumbai Stressed Assets Management branch in Mumbai, Maharashtra is part of this network and uses the IFSC code CNRB0015550 for all electronic settlement.
About this branch
The branch is located at CANARA BANK MARKET TOWER E WING 2ND FLOOR CUFFE PARADE MUMBAI MAHARASHTRA 400005. 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 CNRB0015550 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Canara Bank |
|---|---|
| Branch | Mumbai Stressed Assets Management |
| IFSC Code | CNRB0015550 |
| MICR Code | Refer to cheque leaf |
| Branch Address | CANARA BANK MARKET TOWER E WING 2ND FLOOR CUFFE PARADE MUMBAI MAHARASHTRA 400005 |
| City | Mumbai |
| District | Greater Bombay |
| State | Maharashtra |
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 MUMBAI STRESSED ASSETS MANAGEMENT branch came to be assigned the code CNRB0015550.
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 CNRB0015550, money simply cannot be routed to the MUMBAI STRESSED ASSETS MANAGEMENT branch electronically.
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 CNRB0015550 and the account number together uniquely identify the Mumbai Stressed Assets Management branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC CNRB0015550
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 CNRB0015550 across all three.
NEFT to Canara Bank, MUMBAI STRESSED ASSETS MANAGEMENT using IFSC CNRB0015550
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 CNRB0015550, and confirm that the system picks up Canara Bank – MUMBAI STRESSED ASSETS MANAGEMENT. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to MUMBAI STRESSED ASSETS MANAGEMENT
If you need to transfer ₹2 lakh or more in one go to an account at Canara Bank's MUMBAI STRESSED ASSETS MANAGEMENT branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC CNRB0015550 while initiating the transfer and the credit will appear within minutes.
IMPS to Canara Bank MUMBAI STRESSED ASSETS MANAGEMENT (IFSC CNRB0015550)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC CNRB0015550 in your mobile or internet banking app, and the money is credited to the MUMBAI STRESSED ASSETS MANAGEMENT branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC CNRB0015550 for Canara Bank – MUMBAI STRESSED ASSETS MANAGEMENT, 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 – CNRB0015550 | Yes – CNRB0015550 | Yes – CNRB0015550 |
For most retail customers crediting the Mumbai Stressed Assets Management 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.
UPI payments and IFSC CNRB0015550
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Canara Bank – MUMBAI STRESSED ASSETS MANAGEMENT is still mapped to IFSC CNRB0015550. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC CNRB0015550 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Mumbai Stressed Assets Management branch is mapped to IFSC CNRB0015550 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 CNRB0015550.
Products and services
Customers walking into the Mumbai Stressed Assets Management 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 CNRB0015550
Digital banking channels
Most day-to-day work that customers used to do at the Mumbai Stressed Assets Management 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 CNRB0015550 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.
Reaching the branch
The Mumbai Stressed Assets Management branch sits at CANARA BANK MARKET TOWER E WING 2ND FLOOR CUFFE PARADE MUMBAI MAHARASHTRA 400005. If you are travelling from outside Mumbai, search for the branch on a maps application using the bank name and locality, or call the branch contact number 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 CNRB0015550 and your account number.
Common mistakes to avoid when using IFSC CNRB0015550
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 – MUMBAI STRESSED ASSETS MANAGEMENT, 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:
CNRB0015550. - 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.
Working hours
Branch counters at Mumbai Stressed Assets Management 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 CNRB0015550 continue to work without interruption.
Verifying IFSC CNRB0015550 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 CNRB0015550 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.
Branch address & contact
Canara BankMumbai Stressed Assets Management Branch
CANARA BANK MARKET TOWER E WING 2ND FLOOR CUFFE PARADE MUMBAI MAHARASHTRA 400005
Mumbai, Maharashtra
Phone: the branch contact number
IFSC: CNRB0015550
Frequently asked questions
Is IFSC CNRB0015550 valid for NEFT and RTGS?
Yes. IFSC CNRB0015550 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of Canara Bank Mumbai Stressed Assets Management 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 Mumbai Stressed Assets Management branch but serve different purposes.
How do I add Canara Bank Mumbai Stressed Assets Management as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC CNRB0015550, and complete OTP verification. Once activated, you can transfer funds at any time.
Does Canara Bank Mumbai Stressed Assets Management 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 CNRB0015550 the same for all accounts at Mumbai Stressed Assets Management branch?
Yes. The IFSC CNRB0015550 is shared by every account held at Canara Bank's Mumbai Stressed Assets Management branch. Only the account number changes from customer to customer.
What is the IFSC code of Canara Bank Mumbai Stressed Assets Management branch?
The IFSC code of Canara Bank, Mumbai Stressed Assets Management branch is CNRB0015550. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Where is Canara Bank Mumbai Stressed Assets Management branch located?
Canara Bank's Mumbai Stressed Assets Management branch is located at CANARA BANK MARKET TOWER E WING 2ND FLOOR CUFFE PARADE MUMBAI MAHARASHTRA 400005, Mumbai, Maharashtra.
Final notes
To recap: CNRB0015550 is the IFSC code of Canara Bank, MUMBAI STRESSED ASSETS MANAGEMENT branch, in MUMBAI, MAHARASHTRA. 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.
