Canara Bank – Panvel branch is a local banking outlet of the public sector lender Canara Bank. Situated in Panvel, Maharashtra, it provides retail and corporate banking services under the regulation of the Reserve Bank of India. The branch supports major digital and over-the-counter transactions for individuals and businesses in the Raigad district.

Services and Operations

The branch offers a complete suite of financial products including savings and current accounts, fixed and recurring deposits, and loan facilities such as housing, vehicle, personal, and agricultural loans. It facilitates fund transfers through NEFT, RTGS, IMPS, and UPI systems and also supports cheque clearing, cash deposit and withdrawal, and foreign currency exchange .

Digital and Payment Features

Canara Bank’s Panvel branch enables customers to manage accounts through online and mobile banking platforms. The branch’s IFSC code — CNRB0015210 — identifies it for electronic fund transfers, while the MICR code 400015215 supports cheque processing. These codes are standardized by the Reserve Bank of India for secure interbank transactions .

Business Hours and Network

Operating from Monday to Saturday, 10:00 a.m. to 4:00 p.m., the branch remains closed on the 2nd and 4th Saturdays and all Sundays, as per national banking norms. It is part of Canara Bank’s extensive national branch network that serves millions of customers across India, reinforcing its position among the leading state-owned banks .

Location Context

Located at Takka Road near Panvel Junction, this branch caters to residents, traders, and commuters in one of Navi Mumbai’s fast-growing urban nodes. Its proximity to major transport links makes it a convenient service point for both personal and business banking needs in the Raigad region.