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 Joteshwar branch in Narsimhapur, Joteshwar, Madhya Pradesh, 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 Narsimhapur or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CBIN0282130. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Central Bank Of India, Joteshwar, Narsimhapur

Here are some of the key details that come with the IFSC Code CBIN0282130 of Central Bank Of India for its branch located in Narsimhapur, within the district of Joteshwar in the state of Madhya Pradesh.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0282130
Branch Joteshwar
City Narsimhapur
District Joteshwar
State Madhya Pradesh
Address At Joteshwar, Post Shrinagar, Tehsil - Gotegaon, Dist- Narsingpur, Madhya Pradesh-487118

These details helps users in online banking and for businesses and individuals who use Central Bank Of India in Narsimhapur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0282130 for the Joteshwar branch of Central Bank Of India plays a vital role.

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 Joteshwar, Narsimhapur, Madhya Pradesh, is provided a unique IFSC like CBIN0282130 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 Narsimhapur.
  • 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 Narsimhapur and Joteshwar.
  • 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 Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Central Bank Of India in Joteshwar do not get misguided to another person.

Format of the IFSC Code CBIN0282130

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 Joteshwar in Narsimhapur.

For example, the IFSC Code CBIN0282130 of Central Bank Of India for the Joteshwar branch has these elements, identifying the bank and the branch location in Narsimhapur and Madhya Pradesh correctly.

How to Find IFSC Code for Central Bank Of India?

To find the IFSC Code CBIN0282130 of Central Bank Of India for its Joteshwar branch located in Narsimhapur, 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 Narsimhapur and Joteshwar, 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 Joteshwar or Narsimhapur to find the exact IFSC Code CBIN0282130.

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 Narsimhapur will provide accurate information.

How to Use IFSC Code CBIN0282130 for Online Transfers?

Once you have the IFSC Code CBIN0282130 for the Joteshwar branch of Central Bank Of India in Narsimhapur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0282130. 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 CBIN0282130.

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 Joteshwar in Narsimhapur, 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 Joteshwar, 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 Narsimhapur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India Joteshwar Narsimhapur?

The IFSC Code of the Joteshwar Narsimhapur branch is CBIN0282130.

Is IFSC Code CBIN0282130 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 Joteshwar branch?

The branch is located at At Joteshwar, Post Shrinagar, Tehsil - Gotegaon, Dist- Narsingpur, Madhya Pradesh-487118.

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.