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 Michael Madhusudan Memorial College branch in Barddhaman, Durgapur, West Bengal, 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 Barddhaman or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code CBIN0283919. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Central Bank Of India, Michael Madhusudan Memorial College, Barddhaman
Here are the key points that are associated with the IFSC Code CBIN0283919 of Central Bank Of India for its branch located in Barddhaman, within the district of Durgapur in the state of West Bengal.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0283919 |
| Branch | Michael Madhusudan Memorial College |
| City | Barddhaman |
| District | Durgapur |
| State | West Bengal |
| Address | Michael Madhusudan Memorial College, Kabi Guru Sarani, Durgapur-713216 |
These details are important not only for users using online banking but also for businesses and individuals who use Central Bank Of India in Barddhaman for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CBIN0283919 for the Michael Madhusudan Memorial College branch of Central Bank Of India is vital.
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 CBIN0283919 is given to every bank branch, including Central Bank Of India located in Michael Madhusudan Memorial College, Barddhaman, West Bengal, 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 Barddhaman.
- 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 Barddhaman and Durgapur.
- 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 West Bengal and the rest of India, which is why the IFSC Code ensures that transactions meant for Central Bank Of India in Michael Madhusudan Memorial College doesn't end up at another location.
Format of the IFSC Code CBIN0283919
The format of the IFSC Code for banks, including Central Bank Of India, has 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 Michael Madhusudan Memorial College in Barddhaman.
For example, the IFSC Code CBIN0283919 of Central Bank Of India for the Michael Madhusudan Memorial College branch includes these elements, identifying the bank and the branch location in Barddhaman and West Bengal correctly.
How to Find IFSC Code for Central Bank Of India?
If you are looking for the IFSC Code CBIN0283919 of Central Bank Of India for its Michael Madhusudan Memorial College branch located in Barddhaman, 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 Barddhaman and Durgapur, 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 Michael Madhusudan Memorial College or Barddhaman to get the exact IFSC Code CBIN0283919.
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 Barddhaman, then it will provide you proper information.
How to Use IFSC Code CBIN0283919 for Online Transfers?
If you have the IFSC Code CBIN0283919 for the Michael Madhusudan Memorial College branch of Central Bank Of India in Barddhaman, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0283919. Transfers are processed in batches. 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. Asks for the recipient's account details and Central Bank Of India IFSC Code CBIN0283919.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Central Bank Of India Michael Madhusudan Memorial College in Barddhaman, it 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 Central Bank Of India in Michael Madhusudan Memorial College, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Barddhaman to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0283919.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Michael Madhusudan Memorial College, Kabi Guru Sarani, Durgapur-713216 located in Barddhaman, Durgapur, West Bengal.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.