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 Bagha Purana branch in Moga, Bagha Purana, Punjab, 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 Moga or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code CBIN0280334. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Central Bank Of India, Bagha Purana, Moga

Below in the table are the key details related to IFSC Code CBIN0280334 of Central Bank Of India for its branch located in Moga, within the district of Bagha Purana in the state of Punjab.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0280334
Branch Bagha Purana
City Moga
District Bagha Purana
State Punjab
Address Kotka Pura Road, Main Bazar, Bagha Purana,Dist-Moga,Punjab-142038.

These details are essential not only for online banking users but also for businesses and individuals who use Central Bank Of India in Moga for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0280334 for the Bagha Purana 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 Bagha Purana, Moga, Punjab, are allotted a unique IFSC like CBIN0280334 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Moga.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Moga and Bagha Purana.
  • 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 Bagha Purana reaches the right place, even though there are thousands of branches in Punjab and across India.

Format of the IFSC Code CBIN0280334

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 Bagha Purana in Moga.

For example, the IFSC Code CBIN0280334 of Central Bank Of India for the Bagha Purana branch includes these elements, identifying the bank and the branch location in Moga and Punjab accurately.

How to Find IFSC Code for Central Bank Of India?

If you are looking for the IFSC Code CBIN0280334 of Central Bank Of India for its Bagha Purana branch located in Moga, 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 Moga and Bagha Purana, 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 Bagha Purana or Moga to get the exact IFSC Code CBIN0280334.

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 Moga, then it will provide you proper information.

How to Use IFSC Code CBIN0280334 for Online Transfers?

If you have the IFSC Code CBIN0280334 for the Bagha Purana branch of Central Bank Of India in Moga, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0280334. 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 CBIN0280334.

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 Bagha Purana in Moga, 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 Bagha Purana, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Moga manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India in Bagha Purana, Moga?

The IFSC Code is CBIN0280334.

Is the IFSC Code CBIN0280334 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Central Bank Of India Bagha Purana?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Bagha Purana branch?

The address of the branch is Kotka Pura Road, Main Bazar, Bagha Purana,Dist-Moga,Punjab-142038. located in Moga, Bagha Purana, Punjab.

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.