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 Doman Hill Colliery branch in Koriya, Doman Hill Collery, 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 CBIN0282839. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Central Bank Of India, Doman Hill Colliery, Koriya
Here are the main details that are associated with the IFSC Code CBIN0282839 of Central Bank Of India for its branch located in Koriya, within the district of Doman Hill Collery in the state of Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0282839 |
| Branch | Doman Hill Colliery |
| City | Koriya |
| District | Doman Hill Collery |
| State | Chhattisgarh |
| Address | At Doman Hill Colliery, P.O. Sonawani, Dist-Korea, Chhattisgarh-497557 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Central Bank Of India in Koriya for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0282839 for the Doman Hill Colliery 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 that is provided by the Reserve Bank of India. A unique IFSC like CBIN0282839 is given to every bank branch, including Central Bank Of India located in Doman Hill Colliery, Koriya, Chhattisgarh, to make sure that online payments reach the right place.
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 kind of confusion between multiple branches of the same bank across different places like Koriya and Doman Hill Collery.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Chhattisgarh and the rest of India, which is why the IFSC Code ensures that transactions meant for Central Bank Of India in Doman Hill Colliery doesn't end up at another location.
Format of the IFSC Code CBIN0282839
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 Doman Hill Colliery in Koriya.
For example, the IFSC Code CBIN0282839 of Central Bank Of India for the Doman Hill 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 CBIN0282839 of Central Bank Of India for its Doman Hill 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 Doman Hill Collery, 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 Doman Hill Colliery or Koriya to find the exact IFSC Code CBIN0282839.
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 CBIN0282839 for Online Transfers?
Once you have the IFSC Code CBIN0282839 for the Doman Hill Colliery branch of Central Bank Of India in Koriya, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0282839. 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 CBIN0282839.
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 Doman Hill Colliery in Koriya, 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 Doman Hill Colliery, 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 Koriya manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Doman Hill Colliery Koriya branch is CBIN0282839.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at At Doman Hill Colliery, P.O. Sonawani, Dist-Korea, Chhattisgarh-497557.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.