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 Patpar Ganj Road branch in Delhi, Delhi, Delhi, 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 Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code CBIN0281669. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Central Bank Of India, Patpar Ganj Road, Delhi
Below in the table are the key details related to IFSC Code CBIN0281669 of Central Bank Of India for its branch located in Delhi, within the district of Delhi in the state of Delhi.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0281669 |
| Branch | Patpar Ganj Road |
| City | Delhi |
| District | Delhi |
| State | Delhi |
| Address | C.B.I., Patparganj Road, Plot No. 188, Pandit Park, Delhi |
These details are important not only for users using online banking but also for businesses and individuals who use Central Bank Of India in Delhi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CBIN0281669 for the Patpar Ganj Road 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 Patpar Ganj Road, Delhi, Delhi, is provided with a unique IFSC like CBIN0281669 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 Delhi.
- 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 Delhi and Delhi.
- 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 Delhi and the rest of India and the IFSC Code ensures that transactions meant for Central Bank Of India in Patpar Ganj Road do not get mixed with another location.
Format of the IFSC Code CBIN0281669
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): 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 Patpar Ganj Road in Delhi.
For example, the IFSC Code CBIN0281669 of Central Bank Of India for the Patpar Ganj Road branch includes these elements, identifying the bank and the branch location in Delhi and Delhi accurately.
How to Find IFSC Code for Central Bank Of India?
If you are looking for the IFSC Code CBIN0281669 of Central Bank Of India for its Patpar Ganj Road branch located in Delhi, 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 Delhi and Delhi, 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 Patpar Ganj Road or Delhi to get the exact IFSC Code CBIN0281669.
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 Delhi, then it will provide you proper information.
How to Use IFSC Code CBIN0281669 for Online Transfers?
Once you have the IFSC Code CBIN0281669 for the Patpar Ganj Road branch of Central Bank Of India in Delhi, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CBIN0281669. 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 CBIN0281669.
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 Patpar Ganj Road in Delhi, your payment can get delayed or might not go through at all.
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 Patpar Ganj Road, 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 Delhi manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0281669.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is C.B.I., Patparganj Road, Plot No. 188, Pandit Park, Delhi located in Delhi, Delhi, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.