The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Central Bank Of India for its Raiamla branch in Betul, Rai Amla, Madhya Pradesh, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Central Bank Of India located in Betul or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CBIN0281818. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Central Bank Of India, Raiamla, Betul
Here are some of the key details that come with the IFSC Code CBIN0281818 of Central Bank Of India for its branch located in Betul, within the district of Rai Amla in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0281818 |
| Branch | Raiamla |
| City | Betul |
| District | Rai Amla |
| State | Madhya Pradesh |
| Address | At & Post Raiamla, Dist- Betul, Madhya Pradesh-460665 |
These details are important not only for users using online banking but also for businesses and individuals who use Central Bank Of India in Betul for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CBIN0281818 for the Raiamla 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 provided by the Reserve Bank of India. Every bank branch, along with Central Bank Of India located in Raiamla, Betul, Madhya Pradesh, are allotted a unique IFSC like CBIN0281818 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Betul.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Betul and Rai Amla.
- 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 Raiamla reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code CBIN0281818
This is the format of the IFSC Code for banks, including Central Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Central Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Raiamla in Betul.
For example, the IFSC Code CBIN0281818 of Central Bank Of India for the Raiamla branch includes these elements, identifying the bank and the branch location in Betul and Madhya Pradesh accurately.
How to Find IFSC Code for Central Bank Of India?
If you are trying to find the IFSC Code CBIN0281818 of Central Bank Of India for its Raiamla branch located in Betul, the following methods can help:
Cheque Book
The cheque books that are issued by Central Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Central Bank Of India branches in Betul and Rai Amla, 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 find the branch locator section. Search for Raiamla or Betul to get the exact IFSC Code CBIN0281818.
Mobile Banking App
If you use Central Bank Of India's mobile app, you can easily 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 to help you in searching for Central Bank Of India and Betul that will provide accurate information.
How to Use IFSC Code CBIN0281818 for Online Transfers?
If you have the IFSC Code CBIN0281818 for the Raiamla branch of Central Bank Of India in Betul, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0281818. 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 CBIN0281818.
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 Raiamla in Betul, it 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 Raiamla, 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 Betul manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0281818.
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 At & Post Raiamla, Dist- Betul, Madhya Pradesh-460665 located in Betul, Rai Amla, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.