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 Hata branch in Damoh, Hatta, 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 Damoh or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CBIN0283522. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Central Bank Of India, Hata, Damoh
The table below shows the main details of the IFSC Code CBIN0283522 for the Central Bank Of India branch in Damoh, which falls under the Hatta district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0283522 |
| Branch | Hata |
| City | Damoh |
| District | Hatta |
| State | Madhya Pradesh |
| Address | In Front Of K.G.B., Rai Chauraha Hata P.O. Hata, Dist Damoh,, Dist- Damoh, Madhya Pradesh-470775 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Central Bank Of India in Damoh for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0283522 for the Hata branch of Central Bank Of India has an important role.
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 Hata, Damoh, Madhya Pradesh, is provided a unique IFSC like CBIN0283522 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 Damoh.
- 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 Damoh and Hatta.
- 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 Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Central Bank Of India in Hata do not get misguided to another person.
Format of the IFSC Code CBIN0283522
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 Hata in Damoh.
For example, the IFSC Code CBIN0283522 of Central Bank Of India for the Hata branch includes these elements, identifying the bank and the branch location in Damoh and Madhya Pradesh correctly.
How to Find IFSC Code for Central Bank Of India?
If you are looking for the IFSC Code CBIN0283522 of Central Bank Of India for its Hata branch located in Damoh, 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 Damoh and Hatta, 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 Hata or Damoh to get the exact IFSC Code CBIN0283522.
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 Damoh, then it will provide you proper information.
How to Use IFSC Code CBIN0283522 for Online Transfers?
If you have the IFSC Code CBIN0283522 for the Hata branch of Central Bank Of India in Damoh, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0283522. 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 CBIN0283522.
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 Hata in Damoh, 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 Hata, 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 Damoh to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0283522.
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 In Front Of K.G.B., Rai Chauraha Hata P.O. Hata, Dist Damoh,, Dist- Damoh, Madhya Pradesh-470775 located in Damoh, Hatta, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.