Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Central Bank Of India for its Khuriyal branch in Katihar, Khuriyal, or Bihar, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Central Bank Of India located in Katihar or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CBIN0283020. You should definitely 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, Khuriyal, Katihar
Here are some of the key details that come with the IFSC Code CBIN0283020 of Central Bank Of India for its branch located in Katihar, within the district of Khuriyal in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0283020 |
| Branch | Khuriyal |
| City | Katihar |
| District | Khuriyal |
| State | Bihar |
| Address | Village Khuriyal, P.O. Sinhpur, Dist- Katihar, Bihar-855122 |
These details helps users in online banking and for businesses and individuals who use Central Bank Of India in Katihar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0283020 for the Khuriyal branch of Central Bank Of India plays a vital 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 Khuriyal, Katihar, Bihar, are allotted a unique IFSC like CBIN0283020 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 Khuriyal.
- 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 Khuriyal reaches the right place, even though there are thousands of branches in Bihar and across India.
Format of the IFSC Code CBIN0283020
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 Khuriyal in Katihar.
For example, the IFSC Code CBIN0283020 of Central Bank Of India for the Khuriyal 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 looking for the IFSC Code CBIN0283020 of Central Bank Of India for its Khuriyal branch located in Katihar, 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 Katihar and Khuriyal, 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 Khuriyal or Katihar to get the exact IFSC Code CBIN0283020.
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 Katihar, then it will provide you proper information.
How to Use IFSC Code CBIN0283020 for Online Transfers?
If you have the IFSC Code CBIN0283020 for the Khuriyal branch of Central Bank Of India in Katihar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0283020. Transfers are processed in batches. 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. Asks for the recipient's account details and Central Bank Of India IFSC Code CBIN0283020.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Central Bank Of India Khuriyal in Katihar, it 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 Khuriyal, 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 Katihar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0283020.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Village Khuriyal, P.O. Sinhpur, Dist- Katihar, Bihar-855122 located in Katihar, Khuriyal, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.