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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Central Bank Of India for its Rattewali branch in Panchkula, Rattewali, Haryana, then this guide will give you detailed information.

The banking system has evolved significantly 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 CBIN0281589. 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, Rattewali, Panchkula

Here are some of the key details that come with the IFSC Code CBIN0281589 of Central Bank Of India for its branch located in Panchkula, within the district of Rattewali in the state of Haryana.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0281589
Branch Rattewali
City Panchkula
District Rattewali
State Haryana
Address At Rattewali, Tehsil - Kalka, Dist- Panchakula, Haryana-134118

These details help users in online banking and for businesses and individuals who use Central Bank Of India in Panchkula for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0281589 for the Rattewali 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 Rattewali, Panchkula, Haryana, are allotted a unique IFSC like CBIN0281589 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It makes sure that money sent to Central Bank Of India in Rattewali reaches the right place, even though there are thousands of branches in Haryana and across India.

Format of the IFSC Code CBIN0281589

The format of the IFSC Code for banks, including Central Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Central Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Rattewali in Panchkula.

For example, the IFSC Code CBIN0281589 of Central Bank Of India for the Rattewali branch includes these elements, identifying the bank and the branch location in Panchkula and Haryana accurately.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0281589 of Central Bank Of India for its Rattewali branch located in Panchkula, 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 Panchkula and Rattewali, 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 Rattewali or Panchkula to get the exact IFSC Code CBIN0281589.

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 Panchkula that will provide accurate information.

How to Use IFSC Code CBIN0281589 for Online Transfers?

If you have the IFSC Code CBIN0281589 for the Rattewali branch of Central Bank Of India in Panchkula, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0281589. 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 CBIN0281589.

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 Rattewali in Panchkula, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Central Bank Of India in Rattewali, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Panchkula manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India in Rattewali, Panchkula?

The IFSC Code is CBIN0281589.

Is the IFSC Code CBIN0281589 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 Rattewali?

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 Rattewali branch?

The address of the branch is At Rattewali, Tehsil - Kalka, Dist- Panchakula, Haryana-134118 located in Panchkula, Rattewali, 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.