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 Bhramansahi branch in Baleshwar, Brahmansahi, Odisha, 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 Baleshwar or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CBIN0282544. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Central Bank Of India, Bhramansahi, Baleshwar

Below in the table are the key details related to IFSC Code CBIN0282544 of Central Bank Of India for its branch located in Baleshwar, within the district of Brahmansahi in the state of Odisha.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0282544
Branch Bhramansahi
City Baleshwar
District Brahmansahi
State Odisha
Address U.N. College Campus, Bhramansahi, Soro, Dist-Balasore, Orissa-756045

These details help users in online banking and for businesses and individuals who use Central Bank Of India in Baleshwar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0282544 for the Bhramansahi branch of Central Bank Of India has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like CBIN0282544 is given to every bank branch, including Central Bank Of India located in Bhramansahi, Baleshwar, Odisha, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Central Bank Of India branch in Baleshwar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Baleshwar and Brahmansahi.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Central Bank Of India in Bhramansahi doesn't end up at another location.

Format of the IFSC Code CBIN0282544

The format of the IFSC Code for banks, including Central Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Central Bank Of India, 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 Bhramansahi in Baleshwar.

For example, the IFSC Code CBIN0282544 of Central Bank Of India for the Bhramansahi branch has these elements, identifying the bank and the branch location in Baleshwar and Odisha correctly.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0282544 of Central Bank Of India for its Bhramansahi branch located in Baleshwar, the following methods can help:

Cheque Book

The cheque book issued by Central Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Central Bank Of India branches in Baleshwar and Brahmansahi, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Central Bank Of India and navigate to the branch locator section. Search for Bhramansahi or Baleshwar to get the exact IFSC Code CBIN0282544.

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 keeps an updated list of all IFSC codes. If you search for Central Bank Of India and Baleshwar, you'll get the correct details.

How to Use IFSC Code CBIN0282544 for Online Transfers?

Once you have the IFSC Code CBIN0282544 for the Bhramansahi branch of Central Bank Of India in Baleshwar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CBIN0282544. The transfer is completed in batches instead of instantly. It is useful for both 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 Central Bank Of India IFSC Code CBIN0282544.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Central Bank Of India Bhramansahi in Baleshwar, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Central Bank Of India in Bhramansahi, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Central Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Baleshwar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India in Bhramansahi, Baleshwar?

The IFSC Code is CBIN0282544.

Is the IFSC Code CBIN0282544 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Central Bank Of India Bhramansahi?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Bhramansahi branch?

The address of the branch is U.N. College Campus, Bhramansahi, Soro, Dist-Balasore, Orissa-756045 located in Baleshwar, Brahmansahi, Odisha.

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.