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 Jarmundi (Raykinari) branch in Dumka, Jarmundi, Jharkhand, 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 Dumka or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code CBIN0282935. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Central Bank Of India, Jarmundi (Raykinari), Dumka

The table below shows the main details of the IFSC Code CBIN0282935 for the Central Bank Of India branch in Dumka, which falls under the Jarmundi district in Jharkhand.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0282935
Branch Jarmundi (Raykinari)
City Dumka
District Jarmundi
State Jharkhand
Address At & P.O. Jarmundi,Dist Dumka,Jharkhand 814141

These details are important not only for users using online banking but also for businesses and individuals who use Central Bank Of India in Dumka for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CBIN0282935 for the Jarmundi (Raykinari) 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 that is provided by the Reserve Bank of India. A unique IFSC like CBIN0282935 is given to every bank branch, including Central Bank Of India located in Jarmundi (Raykinari), Dumka, Jharkhand, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Central Bank Of India branch in Dumka.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Dumka and Jarmundi.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Jharkhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Central Bank Of India in Jarmundi (Raykinari) doesn't end up at another location.

Format of the IFSC Code CBIN0282935

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 Jarmundi (Raykinari) in Dumka.

For example, the IFSC Code CBIN0282935 of Central Bank Of India for the Jarmundi (Raykinari) branch includes these elements, identifying the bank and the branch location in Dumka and Jharkhand accurately.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0282935 of Central Bank Of India for its Jarmundi (Raykinari) branch located in Dumka, 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 Dumka and Jarmundi, 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 Jarmundi (Raykinari) or Dumka to get the exact IFSC Code CBIN0282935.

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 Dumka, you'll get the correct details.

How to Use IFSC Code CBIN0282935 for Online Transfers?

Once you have the IFSC Code CBIN0282935 for the Jarmundi (Raykinari) branch of Central Bank Of India in Dumka, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0282935. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Central Bank Of India IFSC Code CBIN0282935.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Central Bank Of India Jarmundi (Raykinari) in Dumka, it can 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 Jarmundi (Raykinari), 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 Dumka 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 Jarmundi (Raykinari), Dumka?

The IFSC Code is CBIN0282935.

Is the IFSC Code CBIN0282935 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Central Bank Of India Jarmundi (Raykinari)?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Jarmundi (Raykinari) branch?

The address of the branch is At & P.O. Jarmundi,Dist Dumka,Jharkhand 814141 located in Dumka, Jarmundi, Jharkhand.

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.