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 Central Bank Of India for its Katangi, Balaghat branch in Balaghat, Katangi, Madhya Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Central Bank Of India located in Balaghat or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CBIN0280790. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Central Bank Of India, Katangi, Balaghat, Balaghat
Here are the main details that are associated with the IFSC Code CBIN0280790 of Central Bank Of India for its branch located in Balaghat, within the district of Katangi in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0280790 |
| Branch | Katangi, Balaghat |
| City | Balaghat |
| District | Katangi |
| State | Madhya Pradesh |
| Address | P.O. Katangi, Dist-Balaghat, Madhya Pradesh-481445 |
These details are essential not only for online banking users but also for businesses and individuals who use Central Bank Of India in Balaghat for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0280790 for the Katangi, Balaghat branch of Central Bank Of India plays 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 Central Bank Of India located in Katangi, Balaghat, Balaghat, Madhya Pradesh, are allotted a unique IFSC like CBIN0280790 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Balaghat.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Balaghat and Katangi.
- 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 Central Bank Of India in Katangi, Balaghat reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code CBIN0280790
The format of the IFSC Code for banks, including Central Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Central Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Katangi, Balaghat in Balaghat.
For example, the IFSC Code CBIN0280790 of Central Bank Of India for the Katangi, Balaghat branch includes these elements, identifying the bank and the branch location in Balaghat and Madhya Pradesh accurately.
How to Find IFSC Code for Central Bank Of India?
To find the IFSC Code CBIN0280790 of Central Bank Of India for its Katangi, Balaghat branch located in Balaghat, the following methods can help you out:
Cheque Book
The cheque book issued by Central Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Central Bank Of India branches in Balaghat and Katangi, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Central Bank Of India and go to the branch locator section. Then search for Katangi, Balaghat or Balaghat to find the exact IFSC Code CBIN0280790.
Mobile Banking App
If you use Central Bank Of India'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 Central Bank Of India and Balaghat will provide accurate information.
How to Use IFSC Code CBIN0280790 for Online Transfers?
Once you have the IFSC Code CBIN0280790 for the Katangi, Balaghat branch of Central Bank Of India in Balaghat, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0280790. 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 Central Bank Of India IFSC Code CBIN0280790.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Central Bank Of India Katangi, Balaghat in Balaghat, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Central Bank Of India in Katangi, Balaghat, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Central Bank Of India website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Balaghat manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0280790.
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 P.O. Katangi, Dist-Balaghat, Madhya Pradesh-481445 located in Balaghat, Katangi, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.