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 Ghorashan branch in Purbi Champaran, Ghorasahan, 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 Purbi Champaran or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CBIN0281057. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Central Bank Of India, Ghorashan, Purbi Champaran

The table below shows the main details of the IFSC Code CBIN0281057 for the Central Bank Of India branch in Purbi Champaran, which falls under the Ghorasahan district in Bihar.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0281057
Branch Ghorashan
City Purbi Champaran
District Ghorasahan
State Bihar
Address P.O. Ghorasahan,Dist-East Champaran,Bihar-845303

These details help users in online banking and for businesses and individuals who use Central Bank Of India in Purbi Champaran for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0281057 for the Ghorashan 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, including Central Bank Of India located in Ghorashan, Purbi Champaran, Bihar, is provided with a unique IFSC like CBIN0281057 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 Purbi Champaran.
  • 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 Purbi Champaran and Ghorasahan.
  • 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 Bihar and the rest of India and the IFSC Code ensures that transactions meant for Central Bank Of India in Ghorashan do not get mixed with another location.

Format of the IFSC Code CBIN0281057

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Central Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Ghorashan in Purbi Champaran.

For example, the IFSC Code CBIN0281057 of Central Bank Of India for the Ghorashan branch includes these elements, identifying the bank and the branch location in Purbi Champaran and Bihar accurately.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0281057 of Central Bank Of India for its Ghorashan branch located in Purbi Champaran, 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 Purbi Champaran and Ghorasahan, 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 Ghorashan or Purbi Champaran to get the exact IFSC Code CBIN0281057.

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 Purbi Champaran that will provide accurate information.

How to Use IFSC Code CBIN0281057 for Online Transfers?

Once you have the IFSC Code CBIN0281057 for the Ghorashan branch of Central Bank Of India in Purbi Champaran, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0281057. 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 CBIN0281057.

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 Ghorashan in Purbi Champaran 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 Ghorashan, 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 Purbi Champaran to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India in Ghorashan, Purbi Champaran?

The IFSC Code is CBIN0281057.

Is the IFSC Code CBIN0281057 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Ghorashan branch?

The address of the branch is P.O. Ghorasahan,Dist-East Champaran,Bihar-845303 located in Purbi Champaran, Ghorasahan, 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.