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 Palam 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 CNRB0019014. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Delhi Palam, New Delhi

Here are the key points that are associated with the IFSC Code CNRB0019014 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 CNRB0019014
Branch Delhi Palam
City New Delhi
District Delhi
State Delhi
Address Wz 1 Palam Village New Delhi Delhi110 045

These details are important not only for users using online banking but also for businesses and individuals who use Canara Bank in New Delhi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CNRB0019014 for the Delhi Palam branch of Canara Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Canara Bank located in Delhi Palam, New Delhi, Delhi, is provided a unique IFSC like CNRB0019014 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Canara Bank branch in New Delhi.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like New Delhi and Delhi.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Delhi and the rest of India, the IFSC Code ensures that transactions meant for Canara Bank in Delhi Palam do not get misguided to another person.

Format of the IFSC Code CNRB0019014

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 Palam in New Delhi.

For example, the IFSC Code CNRB0019014 of Canara Bank for the Delhi Palam 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 CNRB0019014 of Canara Bank for its Delhi Palam branch located in New Delhi, the following methods can help:

Cheque Book

The cheque books that are issued by Canara Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Canara Bank branches in New Delhi and Delhi, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Canara Bank and find the branch locator section. Search for Delhi Palam or New Delhi to get the exact IFSC Code CNRB0019014.

Mobile Banking App

If you use Canara Bank's mobile app, you can easily 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 to help you in searching for Canara Bank and New Delhi that will provide accurate information.

How to Use IFSC Code CNRB0019014 for Online Transfers?

Once you have the IFSC Code CNRB0019014 for the Delhi Palam branch of Canara Bank in New Delhi, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0019014. Transfers are processed in batches. This is suitable for personal and business payments.

RTGS

Used for high-value payments above ₹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 CNRB0019014.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Canara Bank Delhi Palam in New Delhi may 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 Palam, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in New Delhi manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Delhi Palam, New Delhi?

The IFSC Code is CNRB0019014.

Is the IFSC Code CNRB0019014 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Delhi Palam?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Delhi Palam branch?

The address of the branch is Wz 1 Palam Village New Delhi Delhi110 045 located in New Delhi, Delhi, Delhi.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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