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IFSC Code of Central Bank Of India, Katni(New Katni ), Katni(Murwara), Madhya Pradesh — CBIN0281376

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 Katni(New Katni ) branch in Katni, Katni(Murwara), Madhya Pradesh, 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 Katni or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CBIN0281376. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Central Bank Of India, Katni(New Katni ), Katni

Below in the table are the key details related to IFSC Code CBIN0281376 of Central Bank Of India for its branch located in Katni, within the district of Katni(Murwara) in the state of Madhya Pradesh.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0281376
Branch Katni(New Katni )
City Katni
District Katni(Murwara)
State Madhya Pradesh
Address 212 Malviya Ganj,Katni

These details are crucial, not just for online banking users but also for businesses and individuals who use Central Bank Of India in Katni for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0281376 for the Katni(New Katni ) 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Central Bank Of India located in Katni(New Katni ), Katni, Madhya Pradesh, is provided with a unique IFSC like CBIN0281376 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 Katni.
  • 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 Katni and Katni(Murwara).
  • 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 Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Central Bank Of India in Katni(New Katni ) do not get mixed with another location.

Format of the IFSC Code CBIN0281376

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): 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 Katni(New Katni ) in Katni.

For example, the IFSC Code CBIN0281376 of Central Bank Of India for the Katni(New Katni ) branch includes these elements, identifying the bank and the branch location in Katni and Madhya Pradesh accurately.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0281376 of Central Bank Of India for its Katni(New Katni ) branch located in Katni, 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

Most banks, including Central Bank Of India branches in Katni and Katni(Murwara), print the IFSC and MICR codes 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 Katni(New Katni ) or Katni to get the exact IFSC Code CBIN0281376.

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 Katni, you'll get the correct details.

How to Use IFSC Code CBIN0281376 for Online Transfers?

Once you have the IFSC Code CBIN0281376 for the Katni(New Katni ) branch of Central Bank Of India in Katni, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0281376. 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 CBIN0281376.

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 Katni(New Katni ) in Katni 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 Katni(New Katni ), 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 Katni to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India Katni(New Katni ) Katni?

The IFSC Code of the Katni(New Katni ) Katni branch is CBIN0281376.

Is IFSC Code CBIN0281376 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Central Bank Of India Katni(New Katni ) branch?

The branch is located at 212 Malviya Ganj,Katni.

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.

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