Below are the complete branch details for Canara Bank, KARAKURISSI branch, located in PALAKKAD, KERALA. The IFSC assigned by the Reserve Bank of India to this branch is CNRB0005508. 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 CNRB0005508 for Canara Bank – KARAKURISSI — 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, CNRB0005508 is the IFSC of Canara Bank's KARAKURISSI branch. The format is fixed: CNRB = bank code, 0 = reserved, 005508 = branch identifier.
Branch details at a glance
| Bank Name | Canara Bank |
|---|---|
| Branch | Karakurissi |
| IFSC Code | CNRB0005508 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 14157, KARAKURISSI GRAMAPANCHAYAT BUILDINGS, KARAKURISSI POST, KERALA 678595 |
| City | Palakkad |
| District | Palakkad |
| State | Kerala |
| STD Code | 484 |
| Phone | 2353572 |
About Canara Bank
Canara Bank operates a wide network of branches across India, including the Karakurissi branch in Palakkad. 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, CNRB0005508.
Karakurissi branch overview
Located at 14157, KARAKURISSI GRAMAPANCHAYAT BUILDINGS, KARAKURISSI POST, KERALA 678595, the Karakurissi branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC CNRB0005508 is required for all interbank electronic transfers routed through this branch.
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 KARAKURISSI branch came to be assigned the code CNRB0005508.
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 CNRB0005508, money simply cannot be routed to the KARAKURISSI branch electronically.
How to transfer money using IFSC CNRB0005508
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 CNRB0005508 across all three.
How to use IFSC CNRB0005508 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Canara Bank's KARAKURISSI 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 CNRB0005508.
- Confirm the bank name auto-populates as Canara Bank and the branch as KARAKURISSI.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC CNRB0005508
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 – KARAKURISSI, ensure your bank's portal accepts IFSC CNRB0005508 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Canara Bank – KARAKURISSI, use IMPS. With IFSC CNRB0005508 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 CNRB0005508 for Canara Bank – KARAKURISSI, 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 – CNRB0005508 | Yes – CNRB0005508 | Yes – CNRB0005508 |
For most retail customers crediting the Karakurissi 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 CNRB0005508
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 – KARAKURISSI is still mapped to IFSC CNRB0005508. 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 CNRB0005508 and the beneficiary's account number to complete the transfer.
Account types you can open at the Karakurissi branch
Once you have an account at Canara Bank – KARAKURISSI, the IFSC CNRB0005508 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 Karakurissi 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 CNRB0005508
MICR & cheque-truncation details
Cheques drawn on the Karakurissi branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC CNRB0005508 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC CNRB0005508
Canara Bank customers can register for net banking and the bank's official mobile app once their account at the KARAKURISSI 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 CNRB0005508 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 – KARAKURISSI:
- The IFSC is exactly CNRB0005508 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 KARAKURISSI 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 Karakurissi branch
The branch is located at 14157, KARAKURISSI GRAMAPANCHAYAT BUILDINGS, KARAKURISSI POST, KERALA 678595, which puts it inside Palakkad, the broader Palakkad district, and the state of Kerala. To plan your visit:
- Open Google Maps on your phone and search for “Canara Bank Karakurissi branch” — the verified location pin for IFSC CNRB0005508 should appear at the top of the results.
- Confirm the branch is open by calling 484-2353572 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 CNRB0005508 and your account number.
Verifying IFSC CNRB0005508 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 CNRB0005508 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 484-2353572.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Karakurissi 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 CNRB0005508 continue to work without interruption.
Branch address & contact
Canara BankKarakurissi Branch
14157, KARAKURISSI GRAMAPANCHAYAT BUILDINGS, KARAKURISSI POST, KERALA 678595
Palakkad, Kerala
Phone: 484-2353572
IFSC: CNRB0005508
Frequently asked questions
Can I use IFSC CNRB0005508 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC CNRB0005508 to send funds instantly.
Is IFSC CNRB0005508 valid for NEFT and RTGS?
Yes. IFSC CNRB0005508 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of Canara Bank Karakurissi branch?
You can reach the branch at 484-2353572 during regular banking hours.
How quickly will an NEFT transfer using CNRB0005508 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Canara Bank – Karakurissi reflect within 30 minutes.
Does Canara Bank Karakurissi branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 484-2353572 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 Karakurissi branch but serve different purposes.
Is IFSC CNRB0005508 the same for all accounts at Karakurissi branch?
Yes. The IFSC CNRB0005508 is shared by every account held at Canara Bank's Karakurissi branch. Only the account number changes from customer to customer.
How do I add Canara Bank Karakurissi as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC CNRB0005508, and complete OTP verification. Once activated, you can transfer funds at any time.
Final notes
To recap: CNRB0005508 is the IFSC code of Canara Bank, KARAKURISSI branch, in PALAKKAD, KERALA. 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.
