CANARA BANKVerified Feb 2026

CANARA BANK IFSC Code – SPECIALISED SME MARGAO, MARGAO

Complete bank details including IFSC code, MICR code, address and payment facilities for SPECIALISED SME MARGAO branch.

IFSC Code
CNRB0005242

Bank Details

Bank NameCANARA BANK
Branch NameSPECIALISED SME MARGAO
IFSC CodeCNRB0005242
MICR CodeWAITING
AddressCANARA BANK FIRST FLOOR KAMATH HOUSE LUIS MIRANDA ROAD GOA GOA 403601
CityMARGAO
DistrictSOUTH GOA
StateGOA
Contact0

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code CNRB0005242

The IFSC code CNRB0005242 uniquely identifies the SPECIALISED SME MARGAO branch of CANARA BANK located in MARGAO, GOA. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code CNRB0005242

  • First 4 characters (CNRB) – Represents CANARA BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (005242) – Unique branch identifier for SPECIALISED SME MARGAO

How to Use IFSC Code CNRB0005242

To transfer money to any account at CANARA BANK SPECIALISED SME MARGAO branch, you will need to provide the IFSC code CNRB0005242 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at SPECIALISED SME MARGAO

  • NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
  • RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
  • IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
  • UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID

About CANARA BANK SPECIALISED SME MARGAO Branch

CANARA BANK SPECIALISED SME MARGAO is a branch of CANARA BANK located in MARGAO, GOA. The branch provides comprehensive banking services to customers in MARGAO and surrounding areas.

Branch Address

CANARA BANK FIRST FLOOR KAMATH HOUSE LUIS MIRANDA ROAD GOA GOA 403601, MARGAO, GOA

Services Available

This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).

MICR Code Information

The MICR (Magnetic Ink Character Recognition) code for this branch is WAITING. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.

Important Information

Transfer Timings

  • NEFT: 24x7, 365 days (Settled in half-hourly batches)
  • RTGS: 24x7, 365 days (Real-time for ₹2L+)
  • IMPS: 24x7, 365 days (Instant)
  • UPI: 24x7, 365 days (Instant)

Verification Tips

  • Always verify IFSC code before transferring money
  • Cross-check with bank passbook or cheque book
  • IFSC codes may change after bank mergers
  • Contact branch for latest information

Frequently Asked Questions

What is the IFSC code of CANARA BANK SPECIALISED SME MARGAO?

The IFSC code of CANARA BANK SPECIALISED SME MARGAO branch in MARGAO is CNRB0005242.

What is the MICR code of CANARA BANK SPECIALISED SME MARGAO?

The MICR code of CANARA BANK SPECIALISED SME MARGAO branch is WAITING.

What is the address of CANARA BANK SPECIALISED SME MARGAO?

CANARA BANK SPECIALISED SME MARGAO branch is located at CANARA BANK FIRST FLOOR KAMATH HOUSE LUIS MIRANDA ROAD GOA GOA 403601.

Does CANARA BANK SPECIALISED SME MARGAO support NEFT/RTGS/IMPS?

CANARA BANK SPECIALISED SME MARGAO branch supports NEFT, RTGS, IMPS, and UPI transactions.