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 Simramore branch in Deoghar, Simramore, Jharkhand, 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 Deoghar or anywhere in Jharkhand can easily transfer funds instantly by using the correct IFSC Code CBIN0282947. 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, Simramore, Deoghar

Below in the table are the key details related to IFSC Code CBIN0282947 of Central Bank Of India for its branch located in Deoghar, within the district of Simramore in the state of Jharkhand.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0282947
Branch Simramore
City Deoghar
District Simramore
State Jharkhand
Address Village - Simramore, Madhupur - Sarath Road, P.O. Bhabhangawan, Dist- Deogarh, Jharkhand-815353

These details helps users in online banking and for businesses and individuals who use Central Bank Of India in Deoghar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0282947 for the Simramore branch of Central Bank Of India plays a vital 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 Simramore, Deoghar, Jharkhand, is provided a unique IFSC like CBIN0282947 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 Deoghar.
  • 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 Deoghar and Simramore.
  • 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 Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for Central Bank Of India in Simramore do not get misguided to another person.

Format of the IFSC Code CBIN0282947

This is the format of the IFSC Code for banks, including Central Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Central Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Simramore in Deoghar.

For example, the IFSC Code CBIN0282947 of Central Bank Of India for the Simramore branch includes these elements, identifying the bank and the branch location in Deoghar and Jharkhand accurately.

How to Find IFSC Code for Central Bank Of India?

To find the IFSC Code CBIN0282947 of Central Bank Of India for its Simramore branch located in Deoghar, 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 Deoghar and Simramore, 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 Simramore or Deoghar to find the exact IFSC Code CBIN0282947.

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 Deoghar will provide accurate information.

How to Use IFSC Code CBIN0282947 for Online Transfers?

Once you have the IFSC Code CBIN0282947 for the Simramore branch of Central Bank Of India in Deoghar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0282947. Transfers are processed in batches. This is 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. Requires the recipient's account details and Central Bank Of India IFSC Code CBIN0282947.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Central Bank Of India Simramore in Deoghar 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 Simramore, 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 Deoghar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India Simramore Deoghar?

The IFSC Code of the Simramore Deoghar branch is CBIN0282947.

Is IFSC Code CBIN0282947 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Central Bank Of India Simramore branch?

The branch is located at Village - Simramore, Madhupur - Sarath Road, P.O. Bhabhangawan, Dist- Deogarh, Jharkhand-815353.

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.