Hi, As per knowledge i know following differences.Please any know other please tell me Both are meant for constant values. A const field can only be initialized at the declaration of the field. A readonly field can be initialized either at the declaration or in a constructor. Therefore, readonly fields can have different values depending on the constructor used. readonly int b; public X() { b=1; } public X(string s) { b=5; } public X(string s, int i) { b=i; } Also, while a const field is a compile-time constant, the readonly field can be used for runtime constants, as in the following example: public static readonly uint l1 = (uint) DateTime.Now.Ticks; (this can't be possible with const)