Nexnews
Loading…

NOTIFICATIONS

 
15th May
    Loading…

    IFSC Code of Canara Bank, Muralinagar,Vishakhapatnam Branch, Andhra Pradesh

    IFSC code CNRB0002958 - Canara Bank, Muralinagar,Vishakhapatnam Branch, Visakhapatnam, Andhra Pradesh. Use it for NEFT, RTGS and IMPS transfers.

    This page lists the IFSC code, branch address, contact number and fund-transfer information for Canara Bank, MURALINAGAR,VISHAKHAPATNAM branch in VISAKHAPATNAM. The 11-digit IFSC CNRB0002958 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 MURALINAGAR,VISHAKHAPATNAM 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.

    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 – MURALINAGAR,VISHAKHAPATNAM is CNRB0002958. The first four letters CNRB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 002958 map to this branch in VISAKHAPATNAM, ANDHRA PRADESH.

    Bank profile

    Canara Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Muralinagar,Vishakhapatnam branch — IFSC CNRB0002958 — extends the bank's services to customers in and around Visakhapatnam, Andhra Pradesh.

    Branch details at a glance

    Bank NameCanara Bank
    BranchMuralinagar,Vishakhapatnam
    IFSC CodeCNRB0002958
    MICR CodeRefer to cheque leaf
    Branch AddressNO 39-7/56/1, SECTOR 7, MURALINAGAR, VISAKHAPATNAM, AP
    CityVisakhapatnam
    DistrictVishakhapatnam
    StateAndhra Pradesh
    STD Code891
    Phone2547984

    Muralinagar,Vishakhapatnam branch overview

    Located at NO 39-7/56/1, SECTOR 7, MURALINAGAR, VISAKHAPATNAM, AP, the Muralinagar,Vishakhapatnam branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC CNRB0002958 is required for all interbank electronic transfers routed through this branch.

    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 MURALINAGAR,VISHAKHAPATNAM of Canara Bank — its own 11-character IFSC. The code CNRB0002958 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 CNRB0002958 the same way you would treat your account number — verify it once and save it carefully for future use.

    Account types you can open at the Muralinagar,Vishakhapatnam branch

    Once you have an account at Canara Bank – MURALINAGAR,VISHAKHAPATNAM, the IFSC CNRB0002958 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.

    Banking services available

    The Muralinagar,Vishakhapatnam branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 891-2547984.

    • 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 CNRB0002958

    How to transfer money using IFSC CNRB0002958

    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 CNRB0002958 across all three.

    How to use IFSC CNRB0002958 for an NEFT transfer

    NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Canara Bank's MURALINAGAR,VISHAKHAPATNAM 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).

    1. Log in to your internet banking or mobile banking app.
    2. Choose Add Beneficiary and select NEFT / Other Bank.
    3. Enter the beneficiary name, account number and the IFSC CNRB0002958.
    4. Confirm the bank name auto-populates as Canara Bank and the branch as MURALINAGAR,VISHAKHAPATNAM.
    5. 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 MURALINAGAR,VISHAKHAPATNAM

    If you need to transfer ₹2 lakh or more in one go to an account at Canara Bank's MURALINAGAR,VISHAKHAPATNAM branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC CNRB0002958 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 – MURALINAGAR,VISHAKHAPATNAM, use IMPS. With IFSC CNRB0002958 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 CNRB0002958 for Canara Bank – MURALINAGAR,VISHAKHAPATNAM, 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.

    ParameterNEFTRTGSIMPS
    Minimum amount₹1₹2,00,000₹1
    Maximum amountNo RBI capNo RBI cap₹5,00,000
    SettlementHalf-hourly batchesReal-timeReal-time
    Availability24x724x724x7
    Best forRoutine transfersHigh-value transfersUrgent small / mid transfers
    IFSC requiredYes – CNRB0002958Yes – CNRB0002958Yes – CNRB0002958

    For most retail customers crediting the Muralinagar,Vishakhapatnam 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 CNRB0002958

    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 – MURALINAGAR,VISHAKHAPATNAM is still mapped to IFSC CNRB0002958. 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 CNRB0002958 and the beneficiary's account number to complete the transfer.

    Digital banking channels

    Most day-to-day work that customers used to do at the Muralinagar,Vishakhapatnam 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 CNRB0002958 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.

    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 CNRB0002958 and the account number together uniquely identify the Muralinagar,Vishakhapatnam branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

    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 – MURALINAGAR,VISHAKHAPATNAM:

    • The IFSC is exactly CNRB0002958 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 MURALINAGAR,VISHAKHAPATNAM 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 Muralinagar,Vishakhapatnam branch sits at NO 39-7/56/1, SECTOR 7, MURALINAGAR, VISAKHAPATNAM, AP. If you are travelling from outside Visakhapatnam, search for the branch on a maps application using the bank name and locality, or call 891-2547984 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 CNRB0002958 and your account number.

    Verifying IFSC CNRB0002958 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 CNRB0002958 by:

    • Looking at the cheque leaf – IFSC is printed near the MICR band.
    • Opening the passbook's first page.
    • Calling the branch directly on 891-2547984.
    • 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 Muralinagar,Vishakhapatnam branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC CNRB0002958, however, work 24x7.

    Branch address & contact

    Canara Bank
    Muralinagar,Vishakhapatnam Branch
    NO 39-7/56/1, SECTOR 7, MURALINAGAR, VISAKHAPATNAM, AP
    Visakhapatnam, Andhra Pradesh
    Phone: 891-2547984
    IFSC: CNRB0002958

    Frequently asked questions

    Does Canara Bank Muralinagar,Vishakhapatnam branch offer locker facilities?

    Locker availability depends on branch size and customer demand. Please contact the branch on 891-2547984 to confirm.

    Can I use IFSC CNRB0002958 for IMPS transfers?

    Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC CNRB0002958 to send funds instantly.

    Is IFSC CNRB0002958 the same for all accounts at Muralinagar,Vishakhapatnam branch?

    Yes. The IFSC CNRB0002958 is shared by every account held at Canara Bank's Muralinagar,Vishakhapatnam 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 Muralinagar,Vishakhapatnam branch but serve different purposes.

    How do I add Canara Bank Muralinagar,Vishakhapatnam as a beneficiary?

    Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC CNRB0002958, and complete OTP verification. Once activated, you can transfer funds at any time.

    What is the phone number of Canara Bank Muralinagar,Vishakhapatnam branch?

    You can reach the branch at 891-2547984 during regular banking hours.

    Summary

    The IFSC code CNRB0002958 belongs to Canara Bank's MURALINAGAR,VISHAKHAPATNAM branch, located at NO 39-7/56/1, SECTOR 7, MURALINAGAR, VISAKHAPATNAM, AP in VISAKHAPATNAM, ANDHRA PRADESH. 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.

    ad
    ad

    keyboard_arrow_up