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 Belpahar branch in Jharsuguda, Belpahar, Odisha, 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 Jharsuguda or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CBIN0280998. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Central Bank Of India, Belpahar, Jharsuguda

Here are the main details that are associated with the IFSC Code CBIN0280998 of Central Bank Of India for its branch located in Jharsuguda, within the district of Belpahar in the state of Odisha.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0280998
Branch Belpahar
City Jharsuguda
District Belpahar
State Odisha
Address Belpahar Refractories Co-Operative Society Bldg. At & P.O. Belpahar, Dist-Jharsughda, Orissa-768218

These details help users in online banking and for businesses and individuals who use Central Bank Of India in Jharsuguda for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0280998 for the Belpahar branch of Central Bank Of India has a very 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, including Central Bank Of India located in Belpahar, Jharsuguda, Odisha, is provided with a unique IFSC like CBIN0280998 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Central Bank Of India branch in Jharsuguda.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Jharsuguda and Belpahar.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Odisha and the rest of India and the IFSC Code ensures that transactions meant for Central Bank Of India in Belpahar do not get mixed with another location.

Format of the IFSC Code CBIN0280998

The format of the IFSC Code for banks, including Central Bank Of India, has 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 Belpahar in Jharsuguda.

For example, the IFSC Code CBIN0280998 of Central Bank Of India for the Belpahar branch includes these elements, identifying the bank and the branch location in Jharsuguda and Odisha correctly.

How to Find IFSC Code for Central Bank Of India?

If you are looking for the IFSC Code CBIN0280998 of Central Bank Of India for its Belpahar branch located in Jharsuguda, 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 Jharsuguda and Belpahar, 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 Belpahar or Jharsuguda to get the exact IFSC Code CBIN0280998.

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 Jharsuguda, then it will provide you proper information.

How to Use IFSC Code CBIN0280998 for Online Transfers?

Once you have the IFSC Code CBIN0280998 for the Belpahar branch of Central Bank Of India in Jharsuguda, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0280998. 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 CBIN0280998.

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 Belpahar in Jharsuguda 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 Belpahar, 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 Jharsuguda 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 Belpahar, Jharsuguda?

The IFSC Code is CBIN0280998.

Is the IFSC Code CBIN0280998 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 Belpahar?

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 Belpahar branch?

The address of the branch is Belpahar Refractories Co-Operative Society Bldg. At & P.O. Belpahar, Dist-Jharsughda, Orissa-768218 located in Jharsuguda, Belpahar, Odisha.

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.