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 Birnagar branch in Katihar, Birnagar, Bihar, 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 Katihar or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CBIN0283018. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Central Bank Of India, Birnagar, Katihar
Here are the key points that are associated with the IFSC Code CBIN0283018 of Central Bank Of India for its branch located in Katihar, within the district of Birnagar in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0283018 |
| Branch | Birnagar |
| City | Katihar |
| District | Birnagar |
| State | Bihar |
| Address | Village Birnagar, P.O. Karandighi, Dist- Katihar, Bihar-833213 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Central Bank Of India in Katihar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0283018 for the Birnagar branch of Central Bank Of India has 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 Birnagar, Katihar, Bihar, is provided a unique IFSC like CBIN0283018 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 Katihar.
- 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 Katihar and Birnagar.
- 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 Bihar and the rest of India, the IFSC Code ensures that transactions meant for Central Bank Of India in Birnagar do not get misguided to another person.
Format of the IFSC Code CBIN0283018
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 Birnagar in Katihar.
For example, the IFSC Code CBIN0283018 of Central Bank Of India for the Birnagar 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 CBIN0283018 of Central Bank Of India for its Birnagar 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 Birnagar, 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 Birnagar or Katihar to get the exact IFSC Code CBIN0283018.
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 CBIN0283018 for Online Transfers?
Once you have the IFSC Code CBIN0283018 for the Birnagar branch of Central Bank Of India in Katihar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0283018. 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 CBIN0283018.
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 Birnagar in Katihar may 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 Birnagar, 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 Katihar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Birnagar Katihar branch is CBIN0283018.
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 Village Birnagar, P.O. Karandighi, Dist- Katihar, Bihar-833213.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.