This page lists the IFSC code, branch address, contact number and fund-transfer information for Canara Bank, PENNAGARAM branch in PEENAGARAM. The 11-digit IFSC CNRB0007440 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Canara Bank at the PENNAGARAM location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
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, CNRB0007440 is the IFSC of Canara Bank's PENNAGARAM branch. The format is fixed: CNRB = bank code, 0 = reserved, 007440 = branch identifier.
Bank profile
Canara Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Pennagaram branch — IFSC CNRB0007440 — extends the bank's services to customers in and around Peenagaram, Tamil Nadu.
Branch details at a glance
| Bank Name | Canara Bank |
|---|---|
| Branch | Pennagaram |
| IFSC Code | CNRB0007440 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NO 126 - 1 , PANCHAYAT UNION OFFICE VILLAGE PENNAGARAM, DISTT DHARAMPURI- 636810 |
| City | Peenagaram |
| District | Dharampuri |
| State | Tamil Nadu |
About the Pennagaram branch
The Pennagaram branch of Canara Bank is situated at NO 126 - 1 , PANCHAYAT UNION OFFICE VILLAGE PENNAGARAM, DISTT DHARAMPURI- 636810. 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 CNRB0007440 is used.
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 PENNAGARAM branch came to be assigned the code CNRB0007440.
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 CNRB0007440, money simply cannot be routed to the PENNAGARAM branch electronically.
Products and account variants supported
Every account opened at the Pennagaram branch is mapped to IFSC CNRB0007440 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 CNRB0007440.
Banking services available
The Pennagaram 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 CNRB0007440
How to transfer money using IFSC CNRB0007440
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 CNRB0007440 across all three.
How to use IFSC CNRB0007440 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Canara Bank's PENNAGARAM 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 CNRB0007440.
- Confirm the bank name auto-populates as Canara Bank and the branch as PENNAGARAM.
- 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 PENNAGARAM
If you need to transfer ₹2 lakh or more in one go to an account at Canara Bank's PENNAGARAM branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC CNRB0007440 while initiating the transfer and the credit will appear within minutes.
IMPS to Canara Bank PENNAGARAM (IFSC CNRB0007440)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC CNRB0007440 in your mobile or internet banking app, and the money is credited to the PENNAGARAM branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Pennagaram
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 CNRB0007440:
- 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 PENNAGARAM is still linked to IFSC CNRB0007440.
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.
UPI payments and IFSC CNRB0007440
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 – PENNAGARAM is still mapped to IFSC CNRB0007440. 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 CNRB0007440 and the beneficiary's account number to complete the transfer.
Online banking and IFSC CNRB0007440
Canara Bank customers can register for net banking and the bank's official mobile app once their account at the PENNAGARAM 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 CNRB0007440 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.
MICR & cheque-truncation details
Cheques drawn on the Pennagaram branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC CNRB0007440 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC CNRB0007440
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 – PENNAGARAM, 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:
CNRB0007440. - 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.
Reaching the branch
The Pennagaram branch sits at NO 126 - 1 , PANCHAYAT UNION OFFICE VILLAGE PENNAGARAM, DISTT DHARAMPURI- 636810. If you are travelling from outside Peenagaram, 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 CNRB0007440 and your account number.
Verifying IFSC CNRB0007440 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 CNRB0007440 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 Pennagaram branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC CNRB0007440, however, work 24x7.
Branch address & contact
Canara BankPennagaram Branch
NO 126 - 1 , PANCHAYAT UNION OFFICE VILLAGE PENNAGARAM, DISTT DHARAMPURI- 636810
Peenagaram, Tamil Nadu
Phone: the branch contact number
IFSC: CNRB0007440
Frequently asked questions
Can I use IFSC CNRB0007440 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC CNRB0007440 to send funds instantly.
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 Pennagaram branch but serve different purposes.
What is the IFSC code of Canara Bank Pennagaram branch?
The IFSC code of Canara Bank, Pennagaram branch is CNRB0007440. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC CNRB0007440 the same for all accounts at Pennagaram branch?
Yes. The IFSC CNRB0007440 is shared by every account held at Canara Bank's Pennagaram branch. Only the account number changes from customer to customer.
Is IFSC CNRB0007440 valid for NEFT and RTGS?
Yes. IFSC CNRB0007440 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add Canara Bank Pennagaram as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC CNRB0007440, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is Canara Bank Pennagaram branch located?
Canara Bank's Pennagaram branch is located at NO 126 - 1 , PANCHAYAT UNION OFFICE VILLAGE PENNAGARAM, DISTT DHARAMPURI- 636810, Peenagaram, Tamil Nadu.
What is the phone number of Canara Bank Pennagaram branch?
You can reach the branch at the branch contact number during regular banking hours.
Summary
The IFSC code CNRB0007440 belongs to Canara Bank's PENNAGARAM branch, located at NO 126 - 1 , PANCHAYAT UNION OFFICE VILLAGE PENNAGARAM, DISTT DHARAMPURI- 636810 in PEENAGARAM, TAMIL NADU. 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.
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