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 Gola branch in Hazaribag, Gola, or Jharkhand, 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 Hazaribag or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code CBIN0280994. 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, Gola, Hazaribag
Here are some of the key details that come with the IFSC Code CBIN0280994 of Central Bank Of India for its branch located in Hazaribag, within the district of Gola in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0280994 |
| Branch | Gola |
| City | Hazaribag |
| District | Gola |
| State | Jharkhand |
| Address | Main Road, Gola,Dist-Hazaribagh,Jharkhand-829210 |
These details are essential not only for online banking users but also for businesses and individuals who use Central Bank Of India in Hazaribag for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0280994 for the Gola 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 Gola, Hazaribag, Jharkhand, are allotted a unique IFSC like CBIN0280994 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Hazaribag.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Hazaribag and Gola.
- 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 Gola reaches the right place, even though there are thousands of branches in Jharkhand and across India.
Format of the IFSC Code CBIN0280994
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 Gola in Hazaribag.
For example, the IFSC Code CBIN0280994 of Central Bank Of India for the Gola branch has these elements, identifying the bank and the branch location in Hazaribag and Jharkhand correctly.
How to Find IFSC Code for Central Bank Of India?
If you are trying to find the IFSC Code CBIN0280994 of Central Bank Of India for its Gola branch located in Hazaribag, 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 Hazaribag and Gola, 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 Gola or Hazaribag to get the exact IFSC Code CBIN0280994.
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 Hazaribag, you'll get the correct details.
How to Use IFSC Code CBIN0280994 for Online Transfers?
Once you have the IFSC Code CBIN0280994 for the Gola branch of Central Bank Of India in Hazaribag, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CBIN0280994. The transfer is completed in batches instead of instantly. It is useful for both 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 CBIN0280994.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Central Bank Of India Gola in Hazaribag, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Central Bank Of India in Gola, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Hazaribag manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0280994.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Main Road, Gola,Dist-Hazaribagh,Jharkhand-829210 located in Hazaribag, Gola, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.