Below are the complete branch details for Canara Bank, SIMROL IIT branch, located in SIMROL, MADHYA PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is CNRB0006223. 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 CNRB0006223 for Canara Bank – SIMROL IIT — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Canara Bank's SIMROL IIT branch, the IFSC CNRB0006223 breaks down as follows: CNRB identifies the bank, 0 is the reserved character, and 006223 identifies this particular branch.
Branch details at a glance
| Bank Name | Canara Bank |
|---|---|
| Branch | Simrol Iit |
| IFSC Code | CNRB0006223 |
| MICR Code | Refer to cheque leaf |
| Branch Address | CANARA BANK IIT SIMROL CAMPUS,PO SIMROL,DIST INDORE SIMROL MADHYA PRADESH 452020 |
| City | Simrol |
| District | Indore |
| State | Madhya Pradesh |
| STD Code | 121 |
| Phone | 123 |
Bank profile
Canara Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Simrol Iit branch — IFSC CNRB0006223 — extends the bank's services to customers in and around Simrol, Madhya Pradesh.
About this branch
The branch is located at CANARA BANK IIT SIMROL CAMPUS,PO SIMROL,DIST INDORE SIMROL MADHYA PRADESH 452020. It serves the Simrol 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 CNRB0006223 is used to identify this branch on the RBI payments network.
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 SIMROL IIT of Canara Bank — its own 11-character IFSC. The code CNRB0006223 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 CNRB0006223 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 CNRB0006223
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 CNRB0006223 across all three.
How to use IFSC CNRB0006223 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Canara Bank's SIMROL IIT 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 CNRB0006223.
- Confirm the bank name auto-populates as Canara Bank and the branch as SIMROL IIT.
- 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 SIMROL IIT
If you need to transfer ₹2 lakh or more in one go to an account at Canara Bank's SIMROL IIT branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC CNRB0006223 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 – SIMROL IIT, use IMPS. With IFSC CNRB0006223 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 CNRB0006223 for Canara Bank – SIMROL IIT, 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 – CNRB0006223 | Yes – CNRB0006223 | Yes – CNRB0006223 |
For most retail customers crediting the Simrol Iit 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 SIMROL IIT branch, the IFSC CNRB0006223 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.
Products and account variants supported
Every account opened at the Simrol Iit branch is mapped to IFSC CNRB0006223 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 CNRB0006223.
Banking services available
The Simrol Iit branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 121-123.
- 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 CNRB0006223
MICR & cheque-truncation details
Cheques drawn on the Simrol Iit branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC CNRB0006223 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Simrol Iit 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 CNRB0006223 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.
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 – SIMROL IIT:
- The IFSC is exactly CNRB0006223 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 SIMROL IIT 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.
Reaching the branch
The Simrol Iit branch sits at CANARA BANK IIT SIMROL CAMPUS,PO SIMROL,DIST INDORE SIMROL MADHYA PRADESH 452020. If you are travelling from outside Simrol, search for the branch on a maps application using the bank name and locality, or call 121-123 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 CNRB0006223 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC CNRB0006223 for Canara Bank – SIMROL IIT, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Working hours
Branch counters at Simrol Iit 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 CNRB0006223 continue to work without interruption.
Branch address & contact
Canara BankSimrol Iit Branch
CANARA BANK IIT SIMROL CAMPUS,PO SIMROL,DIST INDORE SIMROL MADHYA PRADESH 452020
Simrol, Madhya Pradesh
Phone: 121-123
IFSC: CNRB0006223
Frequently asked questions
How quickly will an NEFT transfer using CNRB0006223 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Canara Bank – Simrol Iit reflect within 30 minutes.
How do I add Canara Bank Simrol Iit as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC CNRB0006223, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC CNRB0006223 valid for NEFT and RTGS?
Yes. IFSC CNRB0006223 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the IFSC code of Canara Bank Simrol Iit branch?
The IFSC code of Canara Bank, Simrol Iit branch is CNRB0006223. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Where is Canara Bank Simrol Iit branch located?
Canara Bank's Simrol Iit branch is located at CANARA BANK IIT SIMROL CAMPUS,PO SIMROL,DIST INDORE SIMROL MADHYA PRADESH 452020, Simrol, Madhya Pradesh.
Can I use IFSC CNRB0006223 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC CNRB0006223 to send funds instantly.
Is IFSC CNRB0006223 the same for all accounts at Simrol Iit branch?
Yes. The IFSC CNRB0006223 is shared by every account held at Canara Bank's Simrol Iit branch. Only the account number changes from customer to customer.
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 Simrol Iit branch but serve different purposes.
Final notes
To recap: CNRB0006223 is the IFSC code of Canara Bank, SIMROL IIT branch, in SIMROL, MADHYA PRADESH. 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.
