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 Suda Ratauli branch in Madhubani, Sudai Ratauli, 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 CBIN0282887. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Central Bank Of India, Suda Ratauli, Madhubani
Here are some of the key details that come with the IFSC Code CBIN0282887 of Central Bank Of India for its branch located in Madhubani, within the district of Sudai Ratauli in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0282887 |
| Branch | Suda Ratauli |
| City | Madhubani |
| District | Sudai Ratauli |
| State | Bihar |
| Address | Vill. & P.O. Sudai Ratauli,Dist Madhubani,Bihar 847402 |
These details are important not only for users using online banking but also for businesses and individuals who use Central Bank Of India in Madhubani for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CBIN0282887 for the Suda Ratauli branch of Central Bank Of India is vital.
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 Suda Ratauli, Madhubani, Bihar, is provided a unique IFSC like CBIN0282887 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 Madhubani.
- 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 Madhubani and Sudai Ratauli.
- 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 Bihar and the rest of India, the IFSC Code ensures that transactions meant for Central Bank Of India in Suda Ratauli do not get misguided to another person.
Format of the IFSC Code CBIN0282887
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 Suda Ratauli in Madhubani.
For example, the IFSC Code CBIN0282887 of Central Bank Of India for the Suda Ratauli 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?
To find the IFSC Code CBIN0282887 of Central Bank Of India for its Suda Ratauli branch located in Madhubani, 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 Madhubani and Sudai Ratauli, 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 Suda Ratauli or Madhubani to find the exact IFSC Code CBIN0282887.
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 Madhubani will provide accurate information.
How to Use IFSC Code CBIN0282887 for Online Transfers?
If you have the IFSC Code CBIN0282887 for the Suda Ratauli branch of Central Bank Of India in Madhubani, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0282887. 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 CBIN0282887.
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 Suda Ratauli in Madhubani, 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 Suda Ratauli, 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 Madhubani to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0282887.
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 Vill. & P.O. Sudai Ratauli,Dist Madhubani,Bihar 847402 located in Madhubani, Sudai Ratauli, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.