The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Central Bank Of India for its Sakthikulangara branch in Kollam, Sakthikulangara, Kerala, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Central Bank Of India located in Kollam or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code CBIN0281337. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Central Bank Of India, Sakthikulangara, Kollam

Below in the table are the key details related to IFSC Code CBIN0281337 of Central Bank Of India for its branch located in Kollam, within the district of Sakthikulangara in the state of Kerala.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0281337
Branch Sakthikulangara
City Kollam
District Sakthikulangara
State Kerala
Address Austain Building, Main Road, Sakthikulangara,Dist-Kollam,Kerala-691581

These details are crucial, not just for online banking users but also for businesses and individuals who use Central Bank Of India in Kollam for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0281337 for the Sakthikulangara 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 Sakthikulangara, Kollam, Kerala, is provided a unique IFSC like CBIN0281337 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 Kollam.
  • 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 Kollam and Sakthikulangara.
  • 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 Kerala and the rest of India, the IFSC Code ensures that transactions meant for Central Bank Of India in Sakthikulangara do not get misguided to another person.

Format of the IFSC Code CBIN0281337

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 Sakthikulangara in Kollam.

For example, the IFSC Code CBIN0281337 of Central Bank Of India for the Sakthikulangara branch has these elements, identifying the bank and the branch location in Kollam and Kerala correctly.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0281337 of Central Bank Of India for its Sakthikulangara branch located in Kollam, 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 Kollam and Sakthikulangara, 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 Sakthikulangara or Kollam to get the exact IFSC Code CBIN0281337.

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 Kollam that will provide accurate information.

How to Use IFSC Code CBIN0281337 for Online Transfers?

Once you have the IFSC Code CBIN0281337 for the Sakthikulangara branch of Central Bank Of India in Kollam, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0281337. 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 CBIN0281337.

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 Sakthikulangara in Kollam, it can 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 Sakthikulangara, 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 Kollam manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India in Sakthikulangara, Kollam?

The IFSC Code is CBIN0281337.

Is the IFSC Code CBIN0281337 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Central Bank Of India Sakthikulangara?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Sakthikulangara branch?

The address of the branch is Austain Building, Main Road, Sakthikulangara,Dist-Kollam,Kerala-691581 located in Kollam, Sakthikulangara, Kerala.

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.