Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Central Bank Of India for its Ankorha branch in Faridabad, Aurangabad, or Bihar, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Central Bank Of India located in Faridabad or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CBIN0284114. You should definitely 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, Ankorha, Faridabad
The table below shows the main details of the IFSC Code CBIN0284114 for the Central Bank Of India branch in Faridabad, which falls under the Aurangabad district in Bihar.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0284114 |
| Branch | Ankorha |
| City | Faridabad |
| District | Aurangabad |
| State | Bihar |
| Address | Cbi,Ankorha Branch,Ashok Bhawan,At Po Ankorha,Ankorha,Dist Aurangabad,Bihar 824 303 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Central Bank Of India in Faridabad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0284114 for the Ankorha 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Central Bank Of India located in Ankorha, Faridabad, Bihar, are given a unique IFSC like CBIN0284114 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Faridabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Faridabad and Aurangabad.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Central Bank Of India in Ankorha goes to the correct branch. This is important because Central Bank Of India has thousands of branches in Bihar and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code CBIN0284114
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 Ankorha in Faridabad.
For example, the IFSC Code CBIN0284114 of Central Bank Of India for the Ankorha branch includes these elements, identifying the bank and the branch location in Faridabad and Bihar correctly.
How to Find IFSC Code for Central Bank Of India?
If you are looking for the IFSC Code CBIN0284114 of Central Bank Of India for its Ankorha branch located in Faridabad, 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 Faridabad and Aurangabad, 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 Ankorha or Faridabad to get the exact IFSC Code CBIN0284114.
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 Faridabad, then it will provide you proper information.
How to Use IFSC Code CBIN0284114 for Online Transfers?
Once you have the IFSC Code CBIN0284114 for the Ankorha branch of Central Bank Of India in Faridabad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0284114. 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 CBIN0284114.
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 Ankorha in Faridabad, 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 Ankorha, 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 Faridabad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0284114.
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 Cbi,Ankorha Branch,Ashok Bhawan,At Po Ankorha,Ankorha,Dist Aurangabad,Bihar 824 303 located in Faridabad, Aurangabad, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.