For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Canara Bank for its Delhi Mayur Vihar Phase I Ii branch in New Delhi, Delhi, Delhi, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Canara Bank located in New Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code CNRB0019090. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Canara Bank, Delhi Mayur Vihar Phase I Ii, New Delhi
Here are the main details that are associated with the IFSC Code CNRB0019090 of Canara Bank for its branch located in New Delhi, within the district of Delhi in the state of Delhi.
| Particulars | Details |
|---|---|
| Bank | Canara Bank |
| IFSC Code | CNRB0019090 |
| Branch | Delhi Mayur Vihar Phase I Ii |
| City | New Delhi |
| District | Delhi |
| State | Delhi |
| Address | A 1 Acharya Niketan Ist Floor Mayur Vihar Phase I New Delhidelhi 110 091 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Canara Bank in New Delhi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0019090 for the Delhi Mayur Vihar Phase I Ii branch of Canara Bank has an important 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 Mayur Vihar Phase I Ii, New Delhi, Delhi, are given a unique IFSC like CNRB0019090 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in New Delhi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like New Delhi and Delhi.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Canara Bank in Delhi Mayur Vihar Phase I Ii goes to the correct branch. This is important because Canara Bank has thousands of branches in Delhi and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code CNRB0019090
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): These represent the bank code. In Canara Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Delhi Mayur Vihar Phase I Ii in New Delhi.
For example, the IFSC Code CNRB0019090 of Canara Bank for the Delhi Mayur Vihar Phase I Ii branch has these elements, identifying the bank and the branch location in New Delhi and Delhi correctly.
How to Find IFSC Code for Canara Bank?
If you are trying to find the IFSC Code CNRB0019090 of Canara Bank for its Delhi Mayur Vihar Phase I Ii branch located in New Delhi, the following methods can help:
Cheque Book
The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Canara Bank branches in New Delhi and Delhi, print them on the first page of your passbook.
Bank Website
Visit the official website of Canara Bank and navigate to the branch locator section. Search for Delhi Mayur Vihar Phase I Ii or New Delhi to get the exact IFSC Code CNRB0019090.
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 keeps an updated list of all IFSC codes. If you search for Canara Bank and New Delhi, you'll get the correct details.
How to Use IFSC Code CNRB0019090 for Online Transfers?
Once you have the IFSC Code CNRB0019090 for the Delhi Mayur Vihar Phase I Ii branch of Canara Bank in New Delhi, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CNRB0019090. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Canara Bank IFSC Code CNRB0019090.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Canara Bank Delhi Mayur Vihar Phase I Ii in New Delhi, it can result in delayed or failed transactions.
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 Mayur Vihar Phase I 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 New Delhi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CNRB0019090.
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 A 1 Acharya Niketan Ist Floor Mayur Vihar Phase I New Delhidelhi 110 091 located in New Delhi, Delhi, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.