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 Chinore branch in Gwalior, Chinore, Madhya Pradesh, 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 Gwalior or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CBIN0281649. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Central Bank Of India, Chinore, Gwalior
Below in the table are the key details related to IFSC Code CBIN0281649 of Central Bank Of India for its branch located in Gwalior, within the district of Chinore in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0281649 |
| Branch | Chinore |
| City | Gwalior |
| District | Chinore |
| State | Madhya Pradesh |
| Address | Near Bus Stand, P.O. Chinore, Tehsil - Dabra, Dist- Gwalior, Madhya Pradesh-475111 |
These details are essential not only for online banking users but also for businesses and individuals who use Central Bank Of India in Gwalior for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0281649 for the Chinore 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Central Bank Of India located in Chinore, Gwalior, Madhya Pradesh, are given a unique IFSC like CBIN0281649 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Gwalior.
- 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 Gwalior and Chinore.
- 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 Chinore goes to the correct branch. This is important because Central Bank Of India has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code CBIN0281649
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 Chinore in Gwalior.
For example, the IFSC Code CBIN0281649 of Central Bank Of India for the Chinore branch includes these elements, identifying the bank and the branch location in Gwalior and Madhya Pradesh accurately.
How to Find IFSC Code for Central Bank Of India?
If you are looking for the IFSC Code CBIN0281649 of Central Bank Of India for its Chinore branch located in Gwalior, 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 Gwalior and Chinore, 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 Chinore or Gwalior to get the exact IFSC Code CBIN0281649.
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 Gwalior, then it will provide you proper information.
How to Use IFSC Code CBIN0281649 for Online Transfers?
Once you have the IFSC Code CBIN0281649 for the Chinore branch of Central Bank Of India in Gwalior, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0281649. 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 CBIN0281649.
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 Chinore in Gwalior 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 Chinore, 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 Gwalior manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0281649.
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 Near Bus Stand, P.O. Chinore, Tehsil - Dabra, Dist- Gwalior, Madhya Pradesh-475111 located in Gwalior, Chinore, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.