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 Kaleke branch in Moga, Baghapurana, Punjab, 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 Moga or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code CBIN0285057. 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, Kaleke, Moga

Below in the table are the key details related to IFSC Code CBIN0285057 of Central Bank Of India for its branch located in Moga, within the district of Baghapurana in the state of Punjab.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0285057
Branch Kaleke
City Moga
District Baghapurana
State Punjab
Address V.P.O Kaleke, Near Govt. School, Baghapurana, Gholian Kalan Road, Tehsil-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 CBIN0285057 for the Kaleke 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 Kaleke, Moga, Punjab, is provided with a unique IFSC like CBIN0285057 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 Moga.
  • 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 Moga and Baghapurana.
  • 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 Punjab and the rest of India and the IFSC Code ensures that transactions meant for Central Bank Of India in Kaleke do not get mixed with another location.

Format of the IFSC Code CBIN0285057

The format of the IFSC Code for banks, including Central Bank Of India, has 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 Kaleke in Moga.

For example, the IFSC Code CBIN0285057 of Central Bank Of India for the Kaleke branch includes these elements, identifying the bank and the branch location in Moga and Punjab correctly.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0285057 of Central Bank Of India for its Kaleke branch located in Moga, 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 Moga and Baghapurana, 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 Kaleke or Moga to get the exact IFSC Code CBIN0285057.

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 Moga that will provide accurate information.

How to Use IFSC Code CBIN0285057 for Online Transfers?

Once you have the IFSC Code CBIN0285057 for the Kaleke branch of Central Bank Of India in Moga, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0285057. 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 CBIN0285057.

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 Kaleke in Moga, it can result in delayed or failed transactions.

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 Kaleke, 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 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 Kaleke Moga?

The IFSC Code of the Kaleke Moga branch is CBIN0285057.

Is IFSC Code CBIN0285057 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Central Bank Of India Kaleke branch?

The branch is located at V.P.O Kaleke, Near Govt. School, Baghapurana, Gholian Kalan Road, Tehsil-Bagha Purana, Dist-Moga, Punjab-142038.

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.