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Canara Bank

NIZAMABAD PANGRA BRANCH

IFSC CODE
CNRB0013540
MICR Code 503015005
Branch Code 013540
City / District PANGRA
State TELANGANA
Office Address 21 22 FIRST FLOOR ADJ TO UPPALA MALLAIAH PETROL PUMP VINAYAK NAGAR PANGRA ANDHRA PRADESH 503003
Phone Not Available
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Understanding IFSC Code: The Digital DNA of Canara Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the NIZAMABAD PANGRA branch of Canara Bank, the code CNRB0013540 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the CNRB0013540 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"CNRB" represents Canara Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for NIZAMABAD PANGRA

Payment Systems Supported by CNRB0013540

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—503015005—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Canara Bank in PANGRA typically follows the RBI holiday calendar. Digital transfers via CNRB0013540 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While CNRB0013540 is the valid code for NIZAMABAD PANGRA at PANGRA, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Financial Tools

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Branch Context

  • • NIZAMABAD PANGRA Contact
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  • • MICR Code Finder
  • • TELANGANA Banking Circle

Platform Links

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  • • IFSC Finder v2.0

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