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IFSC Code of Central Bank Of India, Shree Meenakshi Mills Co. Ltd.,Madurai, Madurai, Tamil Nadu — CBIN0284060

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 Shree Meenakshi Mills Co. Ltd.,Madurai branch in Madurai, Madurai, Tamil Nadu, 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 Madurai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code CBIN0284060. 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, Shree Meenakshi Mills Co. Ltd.,Madurai, Madurai

Here are the main details that are associated with the IFSC Code CBIN0284060 of Central Bank Of India for its branch located in Madurai, within the district of Madurai in the state of Tamil Nadu.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0284060
Branch Shree Meenakshi Mills Co. Ltd.,Madurai
City Madurai
District Madurai
State Tamil Nadu
Address Cbi, Shree Meenakshi Mills Co.Ltd.Madurai, Tiruparankundram Road, Dist-Madurai, Tamilnadu-625003

These details help users in online banking and for businesses and individuals who use Central Bank Of India in Madurai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0284060 for the Shree Meenakshi Mills Co. Ltd.,Madurai branch of Central Bank Of India has a very 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, along with Central Bank Of India located in Shree Meenakshi Mills Co. Ltd.,Madurai, Madurai, Tamil Nadu, are allotted a unique IFSC like CBIN0284060 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Madurai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Madurai and Madurai.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Central Bank Of India in Shree Meenakshi Mills Co. Ltd.,Madurai reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.

Format of the IFSC Code CBIN0284060

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): 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 Shree Meenakshi Mills Co. Ltd.,Madurai in Madurai.

For example, the IFSC Code CBIN0284060 of Central Bank Of India for the Shree Meenakshi Mills Co. Ltd.,Madurai branch includes these elements, identifying the bank and the branch location in Madurai and Tamil Nadu accurately.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0284060 of Central Bank Of India for its Shree Meenakshi Mills Co. Ltd.,Madurai branch located in Madurai, the following methods can help:

Cheque Book

The cheque books that are issued by Central Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Central Bank Of India branches in Madurai and Madurai, 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 find the branch locator section. Search for Shree Meenakshi Mills Co. Ltd.,Madurai or Madurai to get the exact IFSC Code CBIN0284060.

Mobile Banking App

If you use Central Bank Of India's mobile app, you can easily 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 to help you in searching for Central Bank Of India and Madurai that will provide accurate information.

How to Use IFSC Code CBIN0284060 for Online Transfers?

Once you have the IFSC Code CBIN0284060 for the Shree Meenakshi Mills Co. Ltd.,Madurai branch of Central Bank Of India in Madurai, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0284060. 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 CBIN0284060.

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 Shree Meenakshi Mills Co. Ltd.,Madurai in Madurai, it can 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 Shree Meenakshi Mills Co. Ltd.,Madurai, 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 Madurai to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India in Shree Meenakshi Mills Co. Ltd.,Madurai, Madurai?

The IFSC Code is CBIN0284060.

Is the IFSC Code CBIN0284060 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Central Bank Of India Shree Meenakshi Mills Co. Ltd.,Madurai?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Shree Meenakshi Mills Co. Ltd.,Madurai branch?

The address of the branch is Cbi, Shree Meenakshi Mills Co.Ltd.Madurai, Tiruparankundram Road, Dist-Madurai, Tamilnadu-625003 located in Madurai, Madurai, Tamil Nadu.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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