Below are the complete branch details for Canara Bank, PADAMPUR TOWN branch, located in PADAMPUR TOWN, ODISHA. The IFSC assigned by the Reserve Bank of India to this branch is CNRB0007723. 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 CNRB0007723 for Canara Bank – PADAMPUR TOWN — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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 – PADAMPUR TOWN is CNRB0007723. The first four letters CNRB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 007723 map to this branch in PADAMPUR TOWN, ODISHA.
Branch details at a glance
| Bank Name | Canara Bank |
|---|---|
| Branch | Padampur Town |
| IFSC Code | CNRB0007723 |
| MICR Code | Refer to cheque leaf |
| Branch Address | KHATA NO 1309 5285 PLOT NO233 114 25 PADAMPUR COLLEGE RD RAJBORASAMBAR BARGARH DIST ODISHA 768036 |
| City | Padampur Town |
| District | Padampur Town |
| State | Odisha |
About Canara Bank
Canara Bank operates a wide network of branches across India, including the Padampur Town branch in Padampur Town. 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, CNRB0007723.
About the Padampur Town branch
The Padampur Town branch of Canara Bank is situated at KHATA NO 1309 5285 PLOT NO233 114 25 PADAMPUR COLLEGE RD RAJBORASAMBAR BARGARH DIST ODISHA 768036. 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 CNRB0007723 is used.
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 PADAMPUR TOWN of Canara Bank — its own 11-character IFSC. The code CNRB0007723 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 CNRB0007723 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 CNRB0007723
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 CNRB0007723 across all three.
NEFT to Canara Bank, PADAMPUR TOWN using IFSC CNRB0007723
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 CNRB0007723, and confirm that the system picks up Canara Bank – PADAMPUR TOWN. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to PADAMPUR TOWN
If you need to transfer ₹2 lakh or more in one go to an account at Canara Bank's PADAMPUR TOWN branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC CNRB0007723 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 – PADAMPUR TOWN, use IMPS. With IFSC CNRB0007723 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 CNRB0007723 for Canara Bank – PADAMPUR TOWN, 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 – CNRB0007723 | Yes – CNRB0007723 | Yes – CNRB0007723 |
For most retail customers crediting the Padampur Town 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 PADAMPUR TOWN branch, the IFSC CNRB0007723 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 Padampur Town branch
Once you have an account at Canara Bank – PADAMPUR TOWN, the IFSC CNRB0007723 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.
Products and services
Customers walking into the Padampur Town 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 CNRB0007723
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 CNRB0007723 and the account number together uniquely identify the Padampur Town branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC CNRB0007723
Canara Bank customers can register for net banking and the bank's official mobile app once their account at the PADAMPUR TOWN 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 CNRB0007723 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 CNRB0007723
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 – PADAMPUR TOWN, 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:
CNRB0007723. - 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 Padampur Town branch
The branch is located at KHATA NO 1309 5285 PLOT NO233 114 25 PADAMPUR COLLEGE RD RAJBORASAMBAR BARGARH DIST ODISHA 768036, which puts it inside Padampur Town, the broader Padampur Town district, and the state of Odisha. To plan your visit:
- Open Google Maps on your phone and search for “Canara Bank Padampur Town branch” — the verified location pin for IFSC CNRB0007723 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 CNRB0007723 and your account number.
Verifying IFSC CNRB0007723 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 CNRB0007723 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 banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Padampur Town branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC CNRB0007723, however, work 24x7.
Branch address & contact
Canara BankPadampur Town Branch
KHATA NO 1309 5285 PLOT NO233 114 25 PADAMPUR COLLEGE RD RAJBORASAMBAR BARGARH DIST ODISHA 768036
Padampur Town, Odisha
Phone: the branch contact number
IFSC: CNRB0007723
Frequently asked questions
Can I use IFSC CNRB0007723 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC CNRB0007723 to send funds instantly.
Is IFSC CNRB0007723 valid for NEFT and RTGS?
Yes. IFSC CNRB0007723 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Does Canara Bank Padampur Town branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
How quickly will an NEFT transfer using CNRB0007723 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Canara Bank – Padampur Town reflect within 30 minutes.
Is IFSC CNRB0007723 the same for all accounts at Padampur Town branch?
Yes. The IFSC CNRB0007723 is shared by every account held at Canara Bank's Padampur Town branch. Only the account number changes from customer to customer.
What is the IFSC code of Canara Bank Padampur Town branch?
The IFSC code of Canara Bank, Padampur Town branch is CNRB0007723. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
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 Padampur Town branch but serve different purposes.
Final notes
To recap: CNRB0007723 is the IFSC code of Canara Bank, PADAMPUR TOWN branch, in PADAMPUR TOWN, ODISHA. 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.
