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 Paithambadi branch in Cuddalore, Paithambadi, Tamil Nadu, 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 Cuddalore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code CBIN0282861. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Central Bank Of India, Paithambadi, Cuddalore
Here are the key points that are associated with the IFSC Code CBIN0282861 of Central Bank Of India for its branch located in Cuddalore, within the district of Paithambadi in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0282861 |
| Branch | Paithambadi |
| City | Cuddalore |
| District | Paithambadi |
| State | Tamil Nadu |
| Address | 133, Murugan Kovil Street, Paithambadi Chathiram, P.O. Paithambadi, Dist-Cuddalore, Tamilnadu-607101 |
These details are important not only for users using online banking but also for businesses and individuals who use Central Bank Of India in Cuddalore for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CBIN0282861 for the Paithambadi branch of Central Bank Of India is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Central Bank Of India located in Paithambadi, Cuddalore, Tamil Nadu, is provided a unique IFSC like CBIN0282861 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Central Bank Of India branch in Cuddalore.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Cuddalore and Paithambadi.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Central Bank Of India in Paithambadi do not get misguided to another person.
Format of the IFSC Code CBIN0282861
The format of the IFSC Code for banks, including Central Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Central Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Paithambadi in Cuddalore.
For example, the IFSC Code CBIN0282861 of Central Bank Of India for the Paithambadi branch includes these elements, identifying the bank and the branch location in Cuddalore and Tamil Nadu accurately.
How to Find IFSC Code for Central Bank Of India?
To find the IFSC Code CBIN0282861 of Central Bank Of India for its Paithambadi branch located in Cuddalore, the following methods can help you out:
Cheque Book
The cheque book issued by Central Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Central Bank Of India branches in Cuddalore and Paithambadi, 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 go to the branch locator section. Then search for Paithambadi or Cuddalore to find the exact IFSC Code CBIN0282861.
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 maintains an updated database of all IFSC codes. Searching for Central Bank Of India and Cuddalore will provide accurate information.
How to Use IFSC Code CBIN0282861 for Online Transfers?
Once you have the IFSC Code CBIN0282861 for the Paithambadi branch of Central Bank Of India in Cuddalore, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CBIN0282861. 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 CBIN0282861.
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 Paithambadi in Cuddalore, your payment can get delayed or might not go through at all.
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 Paithambadi, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Cuddalore manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Paithambadi Cuddalore branch is CBIN0282861.
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 133, Murugan Kovil Street, Paithambadi Chathiram, P.O. Paithambadi, Dist-Cuddalore, Tamilnadu-607101.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.