There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Central Bank Of India for its Piplya Raoji branch in Neemuch, Pipliarao, Madhya Pradesh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Central Bank Of India situated in Neemuch or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code CBIN0282734. You should 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, Piplya Raoji, Neemuch

Here are the main details that are associated with the IFSC Code CBIN0282734 of Central Bank Of India for its branch located in Neemuch, within the district of Pipliarao in the state of Madhya Pradesh.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0282734
Branch Piplya Raoji
City Neemuch
District Pipliarao
State Madhya Pradesh
Address P.O. Piplya Raoji, Tehsil - Manasa, Dist- Neemuch, Madhya Pradesh-485441

These details are crucial, not just for online banking users but also for businesses and individuals who use Central Bank Of India in Neemuch for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0282734 for the Piplya Raoji branch of Central Bank Of India has 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 Piplya Raoji, Neemuch, Madhya Pradesh, are given a unique IFSC like CBIN0282734 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It helps ensure that any money sent to Central Bank Of India in Piplya Raoji goes to the correct branch. This is important because Central Bank Of India has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CBIN0282734

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 Piplya Raoji in Neemuch.

For example, the IFSC Code CBIN0282734 of Central Bank Of India for the Piplya Raoji branch includes these elements, identifying the bank and the branch location in Neemuch and Madhya Pradesh correctly.

How to Find IFSC Code for Central Bank Of India?

If you are looking for the IFSC Code CBIN0282734 of Central Bank Of India for its Piplya Raoji branch located in Neemuch, 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 Neemuch and Pipliarao, 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 Piplya Raoji or Neemuch to get the exact IFSC Code CBIN0282734.

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 Neemuch, then it will provide you proper information.

How to Use IFSC Code CBIN0282734 for Online Transfers?

If you have the IFSC Code CBIN0282734 for the Piplya Raoji branch of Central Bank Of India in Neemuch, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0282734. 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 CBIN0282734.

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 Piplya Raoji in Neemuch, 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 Piplya Raoji, 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 Neemuch 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 Piplya Raoji, Neemuch?

The IFSC Code is CBIN0282734.

Is the IFSC Code CBIN0282734 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 Piplya Raoji?

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 Piplya Raoji branch?

The address of the branch is P.O. Piplya Raoji, Tehsil - Manasa, Dist- Neemuch, Madhya Pradesh-485441 located in Neemuch, Pipliarao, Madhya Pradesh.

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.