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 Calangute branch in North Goa, Calangute, Goa, 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 Goa or anywhere in Goa can transfer funds instantly by using the correct IFSC Code CBIN0283452. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Central Bank Of India, Calangute, North Goa

Below in the table are the key details related to IFSC Code CBIN0283452 of Central Bank Of India for its branch located in North Goa, within the district of Calangute in the state of Goa.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0283452
Branch Calangute
City North Goa
District Calangute
State Goa
Address Algarvi Retreat Porbavaddo, Calangute Bardez Goa - 403516

These details help users in online banking and for businesses and individuals who use Central Bank Of India in North Goa for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0283452 for the Calangute branch of Central Bank Of India has a very 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 Calangute, North Goa, Goa, are given a unique IFSC like CBIN0283452 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in North Goa.
  • 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 North Goa and Calangute.
  • 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 Calangute goes to the correct branch. This is important because Central Bank Of India has thousands of branches in Goa and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CBIN0283452

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 Calangute in North Goa.

For example, the IFSC Code CBIN0283452 of Central Bank Of India for the Calangute branch includes these elements, identifying the bank and the branch location in North Goa and Goa correctly.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0283452 of Central Bank Of India for its Calangute branch located in North Goa, 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 Goa and Calangute, 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 Calangute or North Goa to get the exact IFSC Code CBIN0283452.

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 Goa that will provide accurate information.

How to Use IFSC Code CBIN0283452 for Online Transfers?

Once you have the IFSC Code CBIN0283452 for the Calangute branch of Central Bank Of India in North Goa, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0283452. 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 CBIN0283452.

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 Calangute in North Goa, it can 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 Calangute, 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 Goa 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 Calangute, North Goa?

The IFSC Code is CBIN0283452.

Is the IFSC Code CBIN0283452 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 Calangute?

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 Calangute branch?

The address of the branch is Algarvi Retreat Porbavaddo, Calangute Bardez Goa - 403516 located in North Goa, Calangute, Goa.

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.