IFSC Code of Canara Bank, SPECIALISED SME MARGAO, MARGAO

CNRB0005242

BankCanara Bank
IFSC CodeCNRB0005242
Branch Code005242 (last six characters of IFSC)
BranchSPECIALISED SME MARGAO
City / DistrictMARGAO
StateGOA

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Canara Bank SPECIALISED SME MARGAO IFSC Code

The SPECIALISED SME MARGAO branch of Canara Bank located in MARGAO, GOA is identified by the IFSC code CNRB0005242. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using CNRB0005242

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code CNRB0005242 to identify the SPECIALISED SME MARGAO branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of Canara Bank, SPECIALISED SME MARGAO?
The IFSC code is CNRB0005242.

What is the branch code?
The branch code is 005242, the last six characters of the IFSC code.