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 Lake Town Sector B, Kolkata branch in North 24 Parganas, Northdumdum, West Bengal, 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 North 24 Parganas or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code CBIN0282298. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Central Bank Of India, Lake Town Sector B, Kolkata, North 24 Parganas

Here are the key points that are associated with the IFSC Code CBIN0282298 of Central Bank Of India for its branch located in North 24 Parganas, within the district of Northdumdum in the state of West Bengal.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0282298
Branch Lake Town Sector B, Kolkata
City North 24 Parganas
District Northdumdum
State West Bengal
Address 238, Lake Town, 'B' Block, Dist-24 Pgs, West Bengal-700089.

These details helps users in online banking and for businesses and individuals who use Central Bank Of India in North 24 Parganas for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0282298 for the Lake Town Sector B, Kolkata 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like CBIN0282298 is given to every bank branch, including Central Bank Of India located in Lake Town Sector B, Kolkata, North 24 Parganas, West Bengal, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Central Bank Of India branch in North 24 Parganas.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like North 24 Parganas and Northdumdum.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across West Bengal and the rest of India, which is why the IFSC Code ensures that transactions meant for Central Bank Of India in Lake Town Sector B, Kolkata doesn't end up at another location.

Format of the IFSC Code CBIN0282298

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 Lake Town Sector B, Kolkata in North 24 Parganas.

For example, the IFSC Code CBIN0282298 of Central Bank Of India for the Lake Town Sector B, Kolkata branch has these elements, identifying the bank and the branch location in North 24 Parganas and West Bengal correctly.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0282298 of Central Bank Of India for its Lake Town Sector B, Kolkata branch located in North 24 Parganas, 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 North 24 Parganas and Northdumdum, 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 Lake Town Sector B, Kolkata or North 24 Parganas to get the exact IFSC Code CBIN0282298.

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 North 24 Parganas that will provide accurate information.

How to Use IFSC Code CBIN0282298 for Online Transfers?

If you have the IFSC Code CBIN0282298 for the Lake Town Sector B, Kolkata branch of Central Bank Of India in North 24 Parganas, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0282298. 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 CBIN0282298.

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 Lake Town Sector B, Kolkata in North 24 Parganas, 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 Lake Town Sector B, Kolkata, 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 North 24 Parganas to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India in Lake Town Sector B, Kolkata, North 24 Parganas?

The IFSC Code is CBIN0282298.

Is the IFSC Code CBIN0282298 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 Lake Town Sector B, Kolkata?

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 Lake Town Sector B, Kolkata branch?

The address of the branch is 238, Lake Town, 'B' Block, Dist-24 Pgs, West Bengal-700089. located in North 24 Parganas, Northdumdum, West Bengal.

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.