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 Balrampur branch in Katihar, Balrampur, Bihar, 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 Katihar or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code CBIN0282934. 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, Balrampur, Katihar
Below in the table are the key details related to IFSC Code CBIN0282934 of Central Bank Of India for its branch located in Katihar, within the district of Balrampur in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0282934 |
| Branch | Balrampur |
| City | Katihar |
| District | Balrampur |
| State | Bihar |
| Address | Village Balrampur, P.O. Hemkunj Via Manihari, Dist- Katihar, Bihar-854113 |
These details are important not only for users using online banking but also for businesses and individuals who use Central Bank Of India in Katihar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CBIN0282934 for the Balrampur branch of Central Bank Of India is vital.
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 Balrampur, Katihar, Bihar, are allotted a unique IFSC like CBIN0282934 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Katihar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Katihar and Balrampur.
- 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 Balrampur reaches the right place, even though there are thousands of branches in Bihar and across India.
Format of the IFSC Code CBIN0282934
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 Balrampur in Katihar.
For example, the IFSC Code CBIN0282934 of Central Bank Of India for the Balrampur branch has these elements, identifying the bank and the branch location in Katihar and Bihar correctly.
How to Find IFSC Code for Central Bank Of India?
If you are trying to find the IFSC Code CBIN0282934 of Central Bank Of India for its Balrampur branch located in Katihar, the following methods can help:
Cheque Book
The cheque books that are issued by Central Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Central Bank Of India branches in Katihar and Balrampur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Central Bank Of India and find the branch locator section. Search for Balrampur or Katihar to get the exact IFSC Code CBIN0282934.
Mobile Banking App
If you use Central Bank Of India's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Central Bank Of India and Katihar that will provide accurate information.
How to Use IFSC Code CBIN0282934 for Online Transfers?
Once you have the IFSC Code CBIN0282934 for the Balrampur branch of Central Bank Of India in Katihar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CBIN0282934. 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 CBIN0282934.
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 Balrampur in Katihar, 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 Balrampur, 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 Katihar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0282934.
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 Village Balrampur, P.O. Hemkunj Via Manihari, Dist- Katihar, Bihar-854113 located in Katihar, Balrampur, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.