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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Central Bank Of India for its Bundhgora branch in Medinipur, Bundhgora, or West Bengal, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Central Bank Of India located in Medinipur or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code CBIN0282513. 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, Bundhgora, Medinipur
The table below shows the main details of the IFSC Code CBIN0282513 for the Central Bank Of India branch in Medinipur, which falls under the Bundhgora district in West Bengal.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0282513 |
| Branch | Bundhgora |
| City | Medinipur |
| District | Bundhgora |
| State | West Bengal |
| Address | Vill. & P.O. Bundhgora, Dist-Paschim Midnapore, West Bengal-721507 |
These details are essential not only for online banking users but also for businesses and individuals who use Central Bank Of India in Medinipur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0282513 for the Bundhgora 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, along with Central Bank Of India located in Bundhgora, Medinipur, West Bengal, are allotted a unique IFSC like CBIN0282513 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Medinipur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Medinipur and Bundhgora.
- 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 Bundhgora reaches the right place, even though there are thousands of branches in West Bengal and across India.
Format of the IFSC Code CBIN0282513
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 Bundhgora in Medinipur.
For example, the IFSC Code CBIN0282513 of Central Bank Of India for the Bundhgora branch has these elements, identifying the bank and the branch location in Medinipur and West Bengal correctly.
How to Find IFSC Code for Central Bank Of India?
If you are trying to find the IFSC Code CBIN0282513 of Central Bank Of India for its Bundhgora branch located in Medinipur, 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 Medinipur and Bundhgora, 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 Bundhgora or Medinipur to get the exact IFSC Code CBIN0282513.
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 Medinipur, you'll get the correct details.
How to Use IFSC Code CBIN0282513 for Online Transfers?
If you have the IFSC Code CBIN0282513 for the Bundhgora branch of Central Bank Of India in Medinipur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0282513. 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 CBIN0282513.
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 Bundhgora in Medinipur, 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 Bundhgora, 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 Medinipur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0282513.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can 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. Bundhgora, Dist-Paschim Midnapore, West Bengal-721507 located in Medinipur, Bundhgora, West Bengal.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.