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 Shahpura branch in Jabalpur, Shahpura, Madhya 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 Jabalpur or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CBIN0283727. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Central Bank Of India, Shahpura, Jabalpur
Below in the table are the key details related to IFSC Code CBIN0283727 of Central Bank Of India for its branch located in Jabalpur, within the district of Shahpura in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0283727 |
| Branch | Shahpura |
| City | Jabalpur |
| District | Shahpura |
| State | Madhya Pradesh |
| Address | Ward No 10, Near Lic Office, Main Road, Shahpura,, Dist-Jabalpur, Madhya Pradesh-483119 |
These details helps users in online banking and for businesses and individuals who use Central Bank Of India in Jabalpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0283727 for the Shahpura 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 that is provided by the Reserve Bank of India. A unique IFSC like CBIN0283727 is given to every bank branch, including Central Bank Of India located in Shahpura, Jabalpur, Madhya Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Central Bank Of India branch in Jabalpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Jabalpur and Shahpura.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Madhya Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Central Bank Of India in Shahpura doesn't end up at another location.
Format of the IFSC Code CBIN0283727
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 Shahpura in Jabalpur.
For example, the IFSC Code CBIN0283727 of Central Bank Of India for the Shahpura branch includes these elements, identifying the bank and the branch location in Jabalpur and Madhya Pradesh accurately.
How to Find IFSC Code for Central Bank Of India?
If you are trying to find the IFSC Code CBIN0283727 of Central Bank Of India for its Shahpura branch located in Jabalpur, 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 Jabalpur and Shahpura, 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 Shahpura or Jabalpur to get the exact IFSC Code CBIN0283727.
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 Jabalpur, you'll get the correct details.
How to Use IFSC Code CBIN0283727 for Online Transfers?
Once you have the IFSC Code CBIN0283727 for the Shahpura branch of Central Bank Of India in Jabalpur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CBIN0283727. 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 CBIN0283727.
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 Shahpura in Jabalpur, your payment can get delayed or might not go through at all.
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 Shahpura, 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 Jabalpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0283727.
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 Ward No 10, Near Lic Office, Main Road, Shahpura,, Dist-Jabalpur, Madhya Pradesh-483119 located in Jabalpur, Shahpura, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.