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 Prabhas Patan (Somnath) branch in Patan, Patan, Gujarat, 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 Patan or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code CBIN0280564. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Central Bank Of India, Prabhas Patan (Somnath), Patan
Below in the table are the key details related to IFSC Code CBIN0280564 of Central Bank Of India for its branch located in Patan, within the district of Patan in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0280564 |
| Branch | Prabhas Patan (Somnath) |
| City | Patan |
| District | Patan |
| State | Gujarat |
| Address | Opp Somnath Temple, At & P.O. Prabhas Patan, Dist-Junagadh, Gujarat-362268 |
These details are essential not only for online banking users but also for businesses and individuals who use Central Bank Of India in Patan for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0280564 for the Prabhas Patan (Somnath) 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 Prabhas Patan (Somnath), Patan, Gujarat, is provided with a unique IFSC like CBIN0280564 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 Patan.
- 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 Patan and Patan.
- 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 Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Central Bank Of India in Prabhas Patan (Somnath) do not get mixed with another location.
Format of the IFSC Code CBIN0280564
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 Prabhas Patan (Somnath) in Patan.
For example, the IFSC Code CBIN0280564 of Central Bank Of India for the Prabhas Patan (Somnath) branch has these elements, identifying the bank and the branch location in Patan and Gujarat correctly.
How to Find IFSC Code for Central Bank Of India?
If you are trying to find the IFSC Code CBIN0280564 of Central Bank Of India for its Prabhas Patan (Somnath) branch located in Patan, 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 Patan and Patan, 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 Prabhas Patan (Somnath) or Patan to get the exact IFSC Code CBIN0280564.
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 Patan that will provide accurate information.
How to Use IFSC Code CBIN0280564 for Online Transfers?
Once you have the IFSC Code CBIN0280564 for the Prabhas Patan (Somnath) branch of Central Bank Of India in Patan, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0280564. 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 CBIN0280564.
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 Prabhas Patan (Somnath) in Patan, 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 Prabhas Patan (Somnath), 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 Patan manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0280564.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Opp Somnath Temple, At & P.O. Prabhas Patan, Dist-Junagadh, Gujarat-362268 located in Patan, Patan, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.