Canara Bank — SPECIALISED SME MARGAO Branch
SOUTH GOA, GOA
Available Services
Branch Details
| Bank Name | Canara Bank |
|---|---|
| Branch Name | SPECIALISED SME MARGAO |
| IFSC Code | CNRB0005242 |
| MICR Code | 403015045 |
| SWIFT Code | N/A |
| Address | CANARA BANK FIRST FLOOR KAMATH HOUSE LUIS MIRANDA ROAD GOA GOA 403601 |
| City | SOUTH GOA |
| District | MARGAO |
| State | GOA |
| Contact Number | +911234567890 |
How to Use CNRB0005242 for Money Transfers
The IFSC code CNRB0005242 is specifically assigned to the SPECIALISED SME MARGAO branch of Canara Bank located in SOUTH GOA, GOA. This unique code is mandatory for routing electronic payments correctly within India.
NEFT Transfer
Use CNRB0005242 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.
RTGS Transfer
For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use CNRB0005242 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.
IMPS & UPI
IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require CNRB0005242 when registering a new beneficiary.
Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.
About Canara Bank SPECIALISED SME MARGAO Branch
The SPECIALISED SME MARGAO branch of Canara Bank is situated in SOUTH GOA, GOA. The branch address is CANARA BANK FIRST FLOOR KAMATH HOUSE LUIS MIRANDA ROAD GOA GOA 403601. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +911234567890. Always use the IFSC code CNRB0005242 when making any online fund transfer to an account held at this branch.
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