There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Central Bank Of India for its Paradeep branch in Jagatsinghpur, Paradeep, Odisha, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Central Bank Of India situated in Jagatsinghpur or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code CBIN0282139. You should 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, Paradeep, Jagatsinghpur
Below in the table are the key details related to IFSC Code CBIN0282139 of Central Bank Of India for its branch located in Jagatsinghpur, within the district of Paradeep in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0282139 |
| Branch | Paradeep |
| City | Jagatsinghpur |
| District | Paradeep |
| State | Odisha |
| Address | Room No. 21, 1St Floor, Madhuban Market Complex, Madhuban, Paradeep,Dist-Jagatsinghpur,Orissa-754142 |
These details are essential not only for online banking users but also for businesses and individuals who use Central Bank Of India in Jagatsinghpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0282139 for the Paradeep 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 Paradeep, Jagatsinghpur, Odisha, is provided a unique IFSC like CBIN0282139 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 Jagatsinghpur.
- 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 Jagatsinghpur and Paradeep.
- 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 Odisha and the rest of India, the IFSC Code ensures that transactions meant for Central Bank Of India in Paradeep do not get misguided to another person.
Format of the IFSC Code CBIN0282139
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): Show the bank code. For Central Bank Of India, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Paradeep in Jagatsinghpur.
For example, the IFSC Code CBIN0282139 of Central Bank Of India for the Paradeep branch includes these elements, identifying the bank and the branch location in Jagatsinghpur and Odisha accurately.
How to Find IFSC Code for Central Bank Of India?
If you are looking for the IFSC Code CBIN0282139 of Central Bank Of India for its Paradeep branch located in Jagatsinghpur, 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 Jagatsinghpur and Paradeep, 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 Paradeep or Jagatsinghpur to get the exact IFSC Code CBIN0282139.
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 Jagatsinghpur, then it will provide you proper information.
How to Use IFSC Code CBIN0282139 for Online Transfers?
Once you have the IFSC Code CBIN0282139 for the Paradeep branch of Central Bank Of India in Jagatsinghpur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0282139. 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 CBIN0282139.
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 Paradeep in Jagatsinghpur 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 Paradeep, 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 Jagatsinghpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Paradeep Jagatsinghpur branch is CBIN0282139.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Room No. 21, 1St Floor, Madhuban Market Complex, Madhuban, Paradeep,Dist-Jagatsinghpur,Orissa-754142.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.