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 Kotwa Bazar (Jasaulipatti) branch in Purbi Champaran, Kotwa Bazar, Bihar, 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 Purbi Champaran or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code CBIN0282514. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Central Bank Of India, Kotwa Bazar (Jasaulipatti), Purbi Champaran
Below in the table are the key details related to IFSC Code CBIN0282514 of Central Bank Of India for its branch located in Purbi Champaran, within the district of Kotwa Bazar in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0282514 |
| Branch | Kotwa Bazar (Jasaulipatti) |
| City | Purbi Champaran |
| District | Kotwa Bazar |
| State | Bihar |
| Address | At & P.O. Kotwa,Dist East Champaran,Bihar 845437 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Central Bank Of India in Purbi Champaran for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0282514 for the Kotwa Bazar (Jasaulipatti) branch of Central Bank Of India has 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 Kotwa Bazar (Jasaulipatti), Purbi Champaran, Bihar, is provided with a unique IFSC like CBIN0282514 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 Kotwa Bazar.
- 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 Kotwa Bazar (Jasaulipatti) do not get mixed with another location.
Format of the IFSC Code CBIN0282514
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 Kotwa Bazar (Jasaulipatti) in Purbi Champaran.
For example, the IFSC Code CBIN0282514 of Central Bank Of India for the Kotwa Bazar (Jasaulipatti) 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 CBIN0282514 of Central Bank Of India for its Kotwa Bazar (Jasaulipatti) branch located in Purbi Champaran, 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 Purbi Champaran and Kotwa Bazar, 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 Kotwa Bazar (Jasaulipatti) or Purbi Champaran to get the exact IFSC Code CBIN0282514.
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 Purbi Champaran, you'll get the correct details.
How to Use IFSC Code CBIN0282514 for Online Transfers?
If you have the IFSC Code CBIN0282514 for the Kotwa Bazar (Jasaulipatti) branch of Central Bank Of India in Purbi Champaran, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0282514. 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 CBIN0282514.
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 Kotwa Bazar (Jasaulipatti) in Purbi Champaran, 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 Kotwa Bazar (Jasaulipatti), 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)
The IFSC Code is CBIN0282514.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is At & P.O. Kotwa,Dist East Champaran,Bihar 845437 located in Purbi Champaran, Kotwa Bazar, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.