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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Central Bank Of India for its Raipur Rani branch in Panchkula, Raipur Rani, or Haryana, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Central Bank Of India located in Panchkula or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code CBIN0283613. 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, Raipur Rani, Panchkula

Here are some of the key details that come with the IFSC Code CBIN0283613 of Central Bank Of India for its branch located in Panchkula, within the district of Raipur Rani in the state of Haryana.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0283613
Branch Raipur Rani
City Panchkula
District Raipur Rani
State Haryana
Address Chandigarh Road, Raipur Rani, Dist- Panchkula, Haryana-134204

These details are essential not only for online banking users but also for businesses and individuals who use Central Bank Of India in Panchkula for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0283613 for the Raipur Rani 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 Raipur Rani, Panchkula, Haryana, is provided with a unique IFSC like CBIN0283613 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 Panchkula.
  • 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 Panchkula and Raipur Rani.
  • 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 Haryana and the rest of India and the IFSC Code ensures that transactions meant for Central Bank Of India in Raipur Rani do not get mixed with another location.

Format of the IFSC Code CBIN0283613

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 Raipur Rani in Panchkula.

For example, the IFSC Code CBIN0283613 of Central Bank Of India for the Raipur Rani branch has these elements, identifying the bank and the branch location in Panchkula and Haryana correctly.

How to Find IFSC Code for Central Bank Of India?

To find the IFSC Code CBIN0283613 of Central Bank Of India for its Raipur Rani branch located in Panchkula, 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 Panchkula and Raipur Rani, 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 Raipur Rani or Panchkula to find the exact IFSC Code CBIN0283613.

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 Panchkula will provide accurate information.

How to Use IFSC Code CBIN0283613 for Online Transfers?

Once you have the IFSC Code CBIN0283613 for the Raipur Rani branch of Central Bank Of India in Panchkula, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CBIN0283613. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Central Bank Of India IFSC Code CBIN0283613.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Central Bank Of India Raipur Rani in Panchkula, your payment can get delayed or might not go through at all.

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 Raipur Rani, 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 Panchkula 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 Raipur Rani, Panchkula?

The IFSC Code is CBIN0283613.

Is the IFSC Code CBIN0283613 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Central Bank Of India Raipur Rani?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Raipur Rani branch?

The address of the branch is Chandigarh Road, Raipur Rani, Dist- Panchkula, Haryana-134204 located in Panchkula, Raipur Rani, Haryana.

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.