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 Jaynagar branch in Madhubani, Jaynagar, Bihar, 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 Madhubani or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CBIN0280057. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Central Bank Of India, Jaynagar, Madhubani
Here are the key points that are associated with the IFSC Code CBIN0280057 of Central Bank Of India for its branch located in Madhubani, within the district of Jaynagar in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0280057 |
| Branch | Jaynagar |
| City | Madhubani |
| District | Jaynagar |
| State | Bihar |
| Address | Main Road, P.O. Jaynagar,Dist-Madhubani,Bihar-847226 |
These details are essential not only for online banking users but also for businesses and individuals who use Central Bank Of India in Madhubani for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0280057 for the Jaynagar 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 provided by the Reserve Bank of India. Every bank branch, including Central Bank Of India located in Jaynagar, Madhubani, Bihar, is provided with a unique IFSC like CBIN0280057 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 Madhubani.
- 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 Madhubani and Jaynagar.
- 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 Bihar and the rest of India and the IFSC Code ensures that transactions meant for Central Bank Of India in Jaynagar do not get mixed with another location.
Format of the IFSC Code CBIN0280057
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 Jaynagar in Madhubani.
For example, the IFSC Code CBIN0280057 of Central Bank Of India for the Jaynagar branch has these elements, identifying the bank and the branch location in Madhubani and Bihar correctly.
How to Find IFSC Code for Central Bank Of India?
If you are looking for the IFSC Code CBIN0280057 of Central Bank Of India for its Jaynagar branch located in Madhubani, 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 Madhubani and Jaynagar, 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 Jaynagar or Madhubani to get the exact IFSC Code CBIN0280057.
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 Madhubani, then it will provide you proper information.
How to Use IFSC Code CBIN0280057 for Online Transfers?
Once you have the IFSC Code CBIN0280057 for the Jaynagar branch of Central Bank Of India in Madhubani, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CBIN0280057. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Central Bank Of India IFSC Code CBIN0280057.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Central Bank Of India Jaynagar in Madhubani, your payment can get delayed or might not go through at all.
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 Jaynagar, 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 Madhubani manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Jaynagar Madhubani branch is CBIN0280057.
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 Main Road, P.O. Jaynagar,Dist-Madhubani,Bihar-847226.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.