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 Khurda branch in Khurda, Khurda, Odisha, 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 Khurda or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code CBIN0283528. 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, Khurda, Khurda
Here are some of the key details that come with the IFSC Code CBIN0283528 of Central Bank Of India for its branch located in Khurda, within the district of Khurda in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0283528 |
| Branch | Khurda |
| City | Khurda |
| District | Khurda |
| State | Odisha |
| Address | Plot No.2405, Ganpath Mansion, Court Road, P.O.Khurda, Dist-Khurda, Orissa-752055 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Central Bank Of India in Khurda for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0283528 for the Khurda 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, along with Central Bank Of India located in Khurda, Khurda, Odisha, are allotted a unique IFSC like CBIN0283528 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Khurda.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Khurda and Khurda.
- 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 Khurda reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code CBIN0283528
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 Khurda in Khurda.
For example, the IFSC Code CBIN0283528 of Central Bank Of India for the Khurda branch includes these elements, identifying the bank and the branch location in Khurda and Odisha accurately.
How to Find IFSC Code for Central Bank Of India?
If you are looking for the IFSC Code CBIN0283528 of Central Bank Of India for its Khurda branch located in Khurda, 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 Khurda and Khurda, 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 Khurda or Khurda to get the exact IFSC Code CBIN0283528.
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 Khurda, then it will provide you proper information.
How to Use IFSC Code CBIN0283528 for Online Transfers?
Once you have the IFSC Code CBIN0283528 for the Khurda branch of Central Bank Of India in Khurda, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0283528. 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 CBIN0283528.
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 Khurda in Khurda, it can 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 Khurda, 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 Khurda manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0283528.
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 Plot No.2405, Ganpath Mansion, Court Road, P.O.Khurda, Dist-Khurda, Orissa-752055 located in Khurda, Khurda, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.