For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Central Bank Of India for its Barh Bazar Area(Patna) branch in Patna, Barh, Bihar, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Central Bank Of India located in Patna or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CBIN0282429. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Central Bank Of India, Barh Bazar Area(Patna), Patna

Here are the main details that are associated with the IFSC Code CBIN0282429 of Central Bank Of India for its branch located in Patna, within the district of Barh in the state of Bihar.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0282429
Branch Barh Bazar Area(Patna)
City Patna
District Barh
State Bihar
Address Barh Bazar Area, Gola Road, ,Dist-Patna,Bihar-802213

These details are important not only for users using online banking but also for businesses and individuals who use Central Bank Of India in Patna for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CBIN0282429 for the Barh Bazar Area(Patna) branch of Central Bank Of India is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Central Bank Of India located in Barh Bazar Area(Patna), Patna, Bihar, is provided a unique IFSC like CBIN0282429 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Central Bank Of India branch in Patna.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Patna and Barh.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Bihar and the rest of India, the IFSC Code ensures that transactions meant for Central Bank Of India in Barh Bazar Area(Patna) do not get misguided to another person.

Format of the IFSC Code CBIN0282429

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): 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 Barh Bazar Area(Patna) in Patna.

For example, the IFSC Code CBIN0282429 of Central Bank Of India for the Barh Bazar Area(Patna) branch includes these elements, identifying the bank and the branch location in Patna and Bihar accurately.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0282429 of Central Bank Of India for its Barh Bazar Area(Patna) branch located in Patna, the following methods can help:

Cheque Book

The cheque book issued by Central Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Central Bank Of India branches in Patna and Barh, print them on the first page of your passbook.

Bank Website

Visit the official website of Central Bank Of India and navigate to the branch locator section. Search for Barh Bazar Area(Patna) or Patna to get the exact IFSC Code CBIN0282429.

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 keeps an updated list of all IFSC codes. If you search for Central Bank Of India and Patna, you'll get the correct details.

How to Use IFSC Code CBIN0282429 for Online Transfers?

If you have the IFSC Code CBIN0282429 for the Barh Bazar Area(Patna) branch of Central Bank Of India in Patna, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0282429. 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 CBIN0282429.

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 Barh Bazar Area(Patna) in Patna, 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 Barh Bazar Area(Patna), 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 Patna 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 Barh Bazar Area(Patna), Patna?

The IFSC Code is CBIN0282429.

Is the IFSC Code CBIN0282429 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 Barh Bazar Area(Patna)?

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 Barh Bazar Area(Patna) branch?

The address of the branch is Barh Bazar Area, Gola Road, ,Dist-Patna,Bihar-802213 located in Patna, Barh, Bihar.

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.