Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Central Bank Of India for its Rasra branch in Ballia, Rasra, Uttar Pradesh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Central Bank Of India located in Ballia or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code CBIN0281637. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Central Bank Of India, Rasra, Ballia

Here are some of the key details that come with the IFSC Code CBIN0281637 of Central Bank Of India for its branch located in Ballia, within the district of Rasra in the state of Uttar Pradesh.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0281637
Branch Rasra
City Ballia
District Rasra
State Uttar Pradesh
Address Phagulal Bhawan, Station Road, Rasra, Dist- Ballia, Up-221712

These details are crucial, not just for online banking users but also for businesses and individuals who use Central Bank Of India in Ballia for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0281637 for the Rasra branch of Central Bank Of India 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, including Central Bank Of India located in Rasra, Ballia, Uttar Pradesh, is provided with a unique IFSC like CBIN0281637 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Central Bank Of India branch in Ballia.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Ballia and Rasra.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Central Bank Of India in Rasra do not get mixed with another location.

Format of the IFSC Code CBIN0281637

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): Show the bank code. For Central Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Rasra in Ballia.

For example, the IFSC Code CBIN0281637 of Central Bank Of India for the Rasra branch includes these elements, identifying the bank and the branch location in Ballia and Uttar Pradesh accurately.

How to Find IFSC Code for Central Bank Of India?

If you are looking for the IFSC Code CBIN0281637 of Central Bank Of India for its Rasra branch located in Ballia, the following methods can help:

Cheque Book

The cheque book that is issued by Central Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Central Bank Of India and look for the branch locator section, then search for Rasra or Ballia to get the exact IFSC Code CBIN0281637.

Mobile Banking App

If you use Central Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Central Bank Of India and Ballia, then it will provide you proper information.

How to Use IFSC Code CBIN0281637 for Online Transfers?

Once you have the IFSC Code CBIN0281637 for the Rasra branch of Central Bank Of India in Ballia, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0281637. 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 Central Bank Of India IFSC Code CBIN0281637.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Central Bank Of India Rasra in Ballia may result in delayed or failed transactions.

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 Rasra, 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 Ballia 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 Rasra, Ballia?

The IFSC Code is CBIN0281637.

Is the IFSC Code CBIN0281637 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 Central Bank Of India Rasra?

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 Rasra branch?

The address of the branch is Phagulal Bhawan, Station Road, Rasra, Dist- Ballia, Up-221712 located in Ballia, Rasra, Uttar Pradesh.

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.