Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Central Bank Of India for its Manendragarh branch in Koriya, Manendragarh, Chhattisgarh, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Central Bank Of India located in Koriya or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code CBIN0281006. You should definitely 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, Manendragarh, Koriya
Here are some of the key details that come with the IFSC Code CBIN0281006 of Central Bank Of India for its branch located in Koriya, within the district of Manendragarh in the state of Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0281006 |
| Branch | Manendragarh |
| City | Koriya |
| District | Manendragarh |
| State | Chhattisgarh |
| Address | Civil Lines Road, Dist |
These details are essential not only for online banking users but also for businesses and individuals who use Central Bank Of India in Koriya for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0281006 for the Manendragarh branch of Central Bank Of India plays 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 CBIN0281006 is given to every bank branch, including Central Bank Of India located in Manendragarh, 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 Manendragarh.
- 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 Manendragarh doesn't end up at another location.
Format of the IFSC Code CBIN0281006
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 Manendragarh in Koriya.
For example, the IFSC Code CBIN0281006 of Central Bank Of India for the Manendragarh 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?
If you are trying to find the IFSC Code CBIN0281006 of Central Bank Of India for its Manendragarh branch located in Koriya, 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 Koriya and Manendragarh, 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 Manendragarh or Koriya to get the exact IFSC Code CBIN0281006.
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 Koriya, you'll get the correct details.
How to Use IFSC Code CBIN0281006 for Online Transfers?
If you have the IFSC Code CBIN0281006 for the Manendragarh 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 CBIN0281006. 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 CBIN0281006.
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 Manendragarh in Koriya, it may 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 Manendragarh, 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 Manendragarh Koriya branch is CBIN0281006.
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 Civil Lines Road, Dist.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.