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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Central Bank Of India for its Khallikote College, Berhampore branch in Ganjam, Khallikote, Odisha, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Central Bank Of India located in Ganjam or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CBIN0283241. 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, Khallikote College, Berhampore, Ganjam

The table below shows the main details of the IFSC Code CBIN0283241 for the Central Bank Of India branch in Ganjam, which falls under the Khallikote district in Odisha.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0283241
Branch Khallikote College, Berhampore
City Ganjam
District Khallikote
State Odisha
Address Khalikote College Campus, Berhampur,Dist-Ganjam,Orissa-760002

These details helps users in online banking and for businesses and individuals who use Central Bank Of India in Ganjam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0283241 for the Khallikote College, Berhampore 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Central Bank Of India located in Khallikote College, Berhampore, Ganjam, Odisha, are allotted a unique IFSC like CBIN0283241 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Ganjam.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Ganjam and Khallikote.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Central Bank Of India in Khallikote College, Berhampore reaches the right place, even though there are thousands of branches in Odisha and across India.

Format of the IFSC Code CBIN0283241

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 Khallikote College, Berhampore in Ganjam.

For example, the IFSC Code CBIN0283241 of Central Bank Of India for the Khallikote College, Berhampore branch includes these elements, identifying the bank and the branch location in Ganjam and Odisha accurately.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0283241 of Central Bank Of India for its Khallikote College, Berhampore branch located in Ganjam, 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

You can easily find the IFSC and MICR codes because most banks, including Central Bank Of India branches in Ganjam and Khallikote, print them 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 Khallikote College, Berhampore or Ganjam to get the exact IFSC Code CBIN0283241.

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 Ganjam, you'll get the correct details.

How to Use IFSC Code CBIN0283241 for Online Transfers?

If you have the IFSC Code CBIN0283241 for the Khallikote College, Berhampore branch of Central Bank Of India in Ganjam, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0283241. 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 CBIN0283241.

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 Khallikote College, Berhampore in Ganjam, 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 Khallikote College, Berhampore, 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 Ganjam manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India Khallikote College, Berhampore Ganjam?

The IFSC Code of the Khallikote College, Berhampore Ganjam branch is CBIN0283241.

Is IFSC Code CBIN0283241 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 Khallikote College, Berhampore branch?

The branch is located at Khalikote College Campus, Berhampur,Dist-Ganjam,Orissa-760002.

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.