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 Mithapur Bus Stand Patna branch in Patna, Patna, Bihar, 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 Patna or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CBIN0284778. 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, Mithapur Bus Stand Patna, Patna
The table below shows the main details of the IFSC Code CBIN0284778 for the Central Bank Of India branch in Patna, which falls under the Patna district in Bihar.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0284778 |
| Branch | Mithapur Bus Stand Patna |
| City | Patna |
| District | Patna |
| State | Bihar |
| Address | Bus Stand Road, New Bangali Tola,Shanti Market, Jakkanpur, Patna-800001 |
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 CBIN0284778 for the Mithapur Bus Stand 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 Mithapur Bus Stand Patna, Patna, Bihar, is provided a unique IFSC like CBIN0284778 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 Patna.
- 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 Mithapur Bus Stand Patna do not get misguided to another person.
Format of the IFSC Code CBIN0284778
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 Mithapur Bus Stand Patna in Patna.
For example, the IFSC Code CBIN0284778 of Central Bank Of India for the Mithapur Bus Stand 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?
To find the IFSC Code CBIN0284778 of Central Bank Of India for its Mithapur Bus Stand Patna branch located in Patna, 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 Patna and Patna, 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 Mithapur Bus Stand Patna or Patna to find the exact IFSC Code CBIN0284778.
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 Patna will provide accurate information.
How to Use IFSC Code CBIN0284778 for Online Transfers?
Once you have the IFSC Code CBIN0284778 for the Mithapur Bus Stand Patna branch of Central Bank Of India in Patna, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0284778. Transfers are processed in batches. This is 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. Requires the recipient's account details and Central Bank Of India IFSC Code CBIN0284778.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Central Bank Of India Mithapur Bus Stand Patna in Patna 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 Mithapur Bus Stand Patna, 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 Patna to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0284778.
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 Bus Stand Road, New Bangali Tola,Shanti Market, Jakkanpur, Patna-800001 located in Patna, Patna, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.