For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Central Bank Of India for its Kollipara branch in Guntur, Kolli Para, Andhra Pradesh, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Central Bank Of India located in Guntur or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code CBIN0280837. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Central Bank Of India, Kollipara, Guntur

The table below shows the main details of the IFSC Code CBIN0280837 for the Central Bank Of India branch in Guntur, which falls under the Kolli Para district in Andhra Pradesh.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0280837
Branch Kollipara
City Guntur
District Kolli Para
State Andhra Pradesh
Address Janardana Swami Temple Rd., Kollipara, Dist-Guntur,A.P-522304,Dist-Guntur,Andhra Pradesh-522304

These details are essential not only for online banking users but also for businesses and individuals who use Central Bank Of India in Guntur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0280837 for the Kollipara branch of Central Bank Of India plays an important 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 Kollipara, Guntur, Andhra Pradesh, is provided a unique IFSC like CBIN0280837 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 Guntur.
  • 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 Guntur and Kolli Para.
  • 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 Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Central Bank Of India in Kollipara do not get misguided to another person.

Format of the IFSC Code CBIN0280837

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): These represent the bank code. In Central Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Kollipara in Guntur.

For example, the IFSC Code CBIN0280837 of Central Bank Of India for the Kollipara branch has these elements, identifying the bank and the branch location in Guntur and Andhra Pradesh correctly.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0280837 of Central Bank Of India for its Kollipara branch located in Guntur, the following methods can help:

Cheque Book

The cheque books that are issued by Central Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Central Bank Of India branches in Guntur and Kolli Para, 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 find the branch locator section. Search for Kollipara or Guntur to get the exact IFSC Code CBIN0280837.

Mobile Banking App

If you use Central Bank Of India's mobile app, you can easily 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 to help you in searching for Central Bank Of India and Guntur that will provide accurate information.

How to Use IFSC Code CBIN0280837 for Online Transfers?

Once you have the IFSC Code CBIN0280837 for the Kollipara branch of Central Bank Of India in Guntur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0280837. 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 CBIN0280837.

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 Kollipara in Guntur may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Central Bank Of India in Kollipara, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Central Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Guntur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India in Kollipara, Guntur?

The IFSC Code is CBIN0280837.

Is the IFSC Code CBIN0280837 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Central Bank Of India Kollipara?

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

What is the full address of the Kollipara branch?

The address of the branch is Janardana Swami Temple Rd., Kollipara, Dist-Guntur,A.P-522304,Dist-Guntur,Andhra Pradesh-522304 located in Guntur, Kolli Para, Andhra Pradesh.

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.