There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Central Bank Of India for its Panruti branch in Cuddalore, Panruti, Tamil Nadu, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Central Bank Of India situated in Cuddalore or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code CBIN0280892. You should 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, Panruti, Cuddalore

Below in the table are the key details related to IFSC Code CBIN0280892 of Central Bank Of India for its branch located in Cuddalore, within the district of Panruti in the state of Tamil Nadu.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0280892
Branch Panruti
City Cuddalore
District Panruti
State Tamil Nadu
Address 65,Cuddalore Mn.Rd.,Panruti,Dist-Cuddalore,Tamilnadu-607106

These details are essential not only for online banking users but also for businesses and individuals who use Central Bank Of India in Cuddalore for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0280892 for the Panruti branch of Central Bank Of India plays 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 Panruti, Cuddalore, Tamil Nadu, is provided with a unique IFSC like CBIN0280892 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 Cuddalore.
  • 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 Cuddalore and Panruti.
  • 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 Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Central Bank Of India in Panruti do not get mixed with another location.

Format of the IFSC Code CBIN0280892

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 Panruti in Cuddalore.

For example, the IFSC Code CBIN0280892 of Central Bank Of India for the Panruti 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?

If you are trying to find the IFSC Code CBIN0280892 of Central Bank Of India for its Panruti branch located in Cuddalore, 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

Most banks, including Central Bank Of India branches in Cuddalore and Panruti, print the IFSC and MICR codes 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 Panruti or Cuddalore to get the exact IFSC Code CBIN0280892.

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 Cuddalore, you'll get the correct details.

How to Use IFSC Code CBIN0280892 for Online Transfers?

If you have the IFSC Code CBIN0280892 for the Panruti branch of Central Bank Of India in Cuddalore, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0280892. 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 CBIN0280892.

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 Panruti in Cuddalore, 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 Panruti, 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 Cuddalore to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India in Panruti, Cuddalore?

The IFSC Code is CBIN0280892.

Is the IFSC Code CBIN0280892 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 Panruti?

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 Panruti branch?

The address of the branch is 65,Cuddalore Mn.Rd.,Panruti,Dist-Cuddalore,Tamilnadu-607106 located in Cuddalore, Panruti, Tamil Nadu.

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.