MADEL Branch
The IFSC code of CANARA BANK MADEL branch is CNRB0005612. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in CHODAN, GOA.
CNRB identifies CANARA BANK, 0 is a reserved digit (always 0), and 005612 identifies the MADEL branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.
CANARA BANK MADEL branch is located at CANARA BANK H NO 1141 1 NEAR DEVAKI KRISHNA TEMPLE MADEL CHODON GOA.
Yes, CNRB0005612 is valid for all electronic transfers: NEFT (24x7, batch settlement), RTGS (real-time, minimum Rs 2 lakh), IMPS (instant, 24x7, up to Rs 5 lakh), and UPI (IFSC is used internally for bank routing in all UPI transactions). Enter this code with the account number to transfer funds to CANARA BANK MADEL.
MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque clearing and processing. Unlike the IFSC code used for online transfers, the MICR code is printed at the bottom of your cheque leaf using magnetic ink and is read by automated clearing machines.
Based on RBI records, CNRB0005612 is an active IFSC code assigned to CANARA BANK MADEL in CHODAN, GOA. If you receive a transaction failure citing this IFSC, contact CANARA BANK directly or verify on the RBI website, as codes may be updated following bank mergers or branch relocations.
Verify Before You Transfer
Always confirm the IFSC code directly with CANARA BANK or the RBI before initiating a high-value transfer.
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