Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Canara Bank for its Delhi Model Town Ii branch in Delhi, Model Town, or Delhi, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Canara Bank located in Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code CNRB0019166. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Delhi Model Town Ii, Delhi
Here are some of the key details that come with the IFSC Code CNRB0019166 of Canara Bank for its branch located in Delhi, within the district of Model Town in the state of Delhi.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0019166 |
| Branch | Delhi Model Town Ii |
| City | Delhi |
| District | Model Town |
| State | Delhi |
| Address | K 1By1 Model Town Iii Delhi Model Town Delhi 110009 |
These details helps users in online banking and for businesses and individuals who use Canara Bank in Delhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0019166 for the Delhi Model Town Ii branch of Canara Bank plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Canara Bank located in Delhi Model Town Ii, Delhi, Delhi, are allotted a unique IFSC like CNRB0019166 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Delhi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Delhi and Model Town.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Canara Bank in Delhi Model Town Ii reaches the right place, even though there are thousands of branches in Delhi and across India.
Format of the IFSC Code CNRB0019166
The format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Canara Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Delhi Model Town Ii in Delhi.
For example, the IFSC Code CNRB0019166 of Canara Bank for the Delhi Model Town Ii branch includes these elements, identifying the bank and the branch location in Delhi and Delhi accurately.
How to Find IFSC Code for Canara Bank?
To find the IFSC Code CNRB0019166 of Canara Bank for its Delhi Model Town Ii branch located in Delhi, the following methods can help you out:
Cheque Book
The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Canara Bank branches in Delhi and Model Town, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Canara Bank and go to the branch locator section. Then search for Delhi Model Town Ii or Delhi to find the exact IFSC Code CNRB0019166.
Mobile Banking App
If you use Canara Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Canara Bank and Delhi will provide accurate information.
How to Use IFSC Code CNRB0019166 for Online Transfers?
Once you have the IFSC Code CNRB0019166 for the Delhi Model Town Ii branch of Canara Bank in Delhi, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CNRB0019166. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Canara Bank IFSC Code CNRB0019166.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Canara Bank Delhi Model Town Ii in Delhi, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Canara Bank in Delhi Model Town Ii, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Canara Bank website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Delhi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0019166.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is K 1By1 Model Town Iii Delhi Model Town Delhi 110009 located in Delhi, Model Town, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.