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 New Collectorate Road Bhind branch in Bhind, Bhind, 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 Bhind or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CBIN0285170. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Central Bank Of India, New Collectorate Road Bhind, Bhind
Here are some of the key details that come with the IFSC Code CBIN0285170 of Central Bank Of India for its branch located in Bhind, within the district of Bhind in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0285170 |
| Branch | New Collectorate Road Bhind |
| City | Bhind |
| District | Bhind |
| State | Madhya Pradesh |
| Address | House No 377 Ward N0 23 Diversion Road Chaturvedi Nagar Bhind Bhind Madhya Pradesh 477001 |
These details are important not only for users using online banking but also for businesses and individuals who use Central Bank Of India in Bhind for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CBIN0285170 for the New Collectorate Road Bhind 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, including Central Bank Of India located in New Collectorate Road Bhind, Bhind, Madhya Pradesh, is provided with a unique IFSC like CBIN0285170 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 Bhind.
- 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 Bhind and Bhind.
- 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 Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Central Bank Of India in New Collectorate Road Bhind do not get mixed with another location.
Format of the IFSC Code CBIN0285170
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 New Collectorate Road Bhind in Bhind.
For example, the IFSC Code CBIN0285170 of Central Bank Of India for the New Collectorate Road Bhind branch has these elements, identifying the bank and the branch location in Bhind and Madhya Pradesh correctly.
How to Find IFSC Code for Central Bank Of India?
If you are trying to find the IFSC Code CBIN0285170 of Central Bank Of India for its New Collectorate Road Bhind branch located in Bhind, 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
You can easily find the IFSC and MICR codes because most banks, including Central Bank Of India branches in Bhind and Bhind, print them 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 New Collectorate Road Bhind or Bhind to get the exact IFSC Code CBIN0285170.
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 Bhind, you'll get the correct details.
How to Use IFSC Code CBIN0285170 for Online Transfers?
If you have the IFSC Code CBIN0285170 for the New Collectorate Road Bhind branch of Central Bank Of India in Bhind, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0285170. 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 CBIN0285170.
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 New Collectorate Road Bhind in Bhind, it may 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 New Collectorate Road Bhind, 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 Bhind manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the New Collectorate Road Bhind Bhind branch is CBIN0285170.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at House No 377 Ward N0 23 Diversion Road Chaturvedi Nagar Bhind Bhind Madhya Pradesh 477001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.