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 Chirimiri Colliery branch in Koriya, N.Chirimiri Colliery, Chhattisgarh, 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 Koriya or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code CBIN0280798. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Central Bank Of India, Chirimiri Colliery, Koriya
Here are some of the key details that come with the IFSC Code CBIN0280798 of Central Bank Of India for its branch located in Koriya, within the district of N.Chirimiri Colliery in the state of Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0280798 |
| Branch | Chirimiri Colliery |
| City | Koriya |
| District | N.Chirimiri Colliery |
| State | Chhattisgarh |
| Address | Station Road, Chirimiri, Dist-Korea, Chhattisgarh-497449. |
These details are important not only for users using online banking but also for businesses and individuals who use Central Bank Of India in Koriya for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CBIN0280798 for the Chirimiri Colliery branch of Central Bank Of India is vital.
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 Chirimiri Colliery, Koriya, Chhattisgarh, is provided with a unique IFSC like CBIN0280798 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 Koriya.
- 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 Koriya and N.Chirimiri Colliery.
- 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 Chhattisgarh and the rest of India and the IFSC Code ensures that transactions meant for Central Bank Of India in Chirimiri Colliery do not get mixed with another location.
Format of the IFSC Code CBIN0280798
The format of the IFSC Code for banks, including Central Bank Of India, has 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 Chirimiri Colliery in Koriya.
For example, the IFSC Code CBIN0280798 of Central Bank Of India for the Chirimiri Colliery branch includes these elements, identifying the bank and the branch location in Koriya and Chhattisgarh correctly.
How to Find IFSC Code for Central Bank Of India?
To find the IFSC Code CBIN0280798 of Central Bank Of India for its Chirimiri Colliery branch located in Koriya, the following methods can help you out:
Cheque Book
The cheque book issued by Central Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Central Bank Of India branches in Koriya and N.Chirimiri Colliery, 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 go to the branch locator section. Then search for Chirimiri Colliery or Koriya to find the exact IFSC Code CBIN0280798.
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 maintains an updated database of all IFSC codes. Searching for Central Bank Of India and Koriya will provide accurate information.
How to Use IFSC Code CBIN0280798 for Online Transfers?
If you have the IFSC Code CBIN0280798 for the Chirimiri Colliery branch of Central Bank Of India in Koriya, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0280798. 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 CBIN0280798.
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 Chirimiri Colliery in Koriya, it 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 Chirimiri Colliery, 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 Koriya to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0280798.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Station Road, Chirimiri, Dist-Korea, Chhattisgarh-497449. located in Koriya, N.Chirimiri Colliery, Chhattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.