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 I.B.Thermal Power Station (Itps), Bamharpalli branch in Jharsuguda, Banharpali, 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 CBIN0283899. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Central Bank Of India, I.B.Thermal Power Station (Itps), Bamharpalli, Jharsuguda
Here are some of the key details that come with the IFSC Code CBIN0283899 of Central Bank Of India for its branch located in Jharsuguda, within the district of Banharpali in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0283899 |
| Branch | I.B.Thermal Power Station (Itps), Bamharpalli |
| City | Jharsuguda |
| District | Banharpali |
| State | Odisha |
| Address | B.Thermal Power Station, Banharpalli,Dist.Sambalpurdist-Jharsuguda, Orissa |
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 CBIN0283899 for the I.B.Thermal Power Station (Itps), Bamharpalli 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, along with Central Bank Of India located in I.B.Thermal Power Station (Itps), Bamharpalli, Jharsuguda, Odisha, are allotted a unique IFSC like CBIN0283899 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jharsuguda.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Jharsuguda and Banharpali.
- 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 I.B.Thermal Power Station (Itps), Bamharpalli reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code CBIN0283899
The format of the IFSC Code for banks, including Central Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Central Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as I.B.Thermal Power Station (Itps), Bamharpalli in Jharsuguda.
For example, the IFSC Code CBIN0283899 of Central Bank Of India for the I.B.Thermal Power Station (Itps), Bamharpalli branch includes these elements, identifying the bank and the branch location in Jharsuguda and Odisha accurately.
How to Find IFSC Code for Central Bank Of India?
If you are trying to find the IFSC Code CBIN0283899 of Central Bank Of India for its I.B.Thermal Power Station (Itps), Bamharpalli branch located in Jharsuguda, 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
You can easily find the IFSC and MICR codes because most banks, including Central Bank Of India branches in Jharsuguda and Banharpali, print them 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 I.B.Thermal Power Station (Itps), Bamharpalli or Jharsuguda to get the exact IFSC Code CBIN0283899.
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 Jharsuguda, you'll get the correct details.
How to Use IFSC Code CBIN0283899 for Online Transfers?
Once you have the IFSC Code CBIN0283899 for the I.B.Thermal Power Station (Itps), Bamharpalli branch of Central Bank Of India in Jharsuguda, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0283899. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Central Bank Of India IFSC Code CBIN0283899.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Central Bank Of India I.B.Thermal Power Station (Itps), Bamharpalli in Jharsuguda, it can result in delayed or failed transactions.
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 I.B.Thermal Power Station (Itps), Bamharpalli, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Jharsuguda to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0283899.
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 B.Thermal Power Station, Banharpalli,Dist.Sambalpurdist-Jharsuguda, Orissa located in Jharsuguda, Banharpali, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.