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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Central Bank Of India for its Raibareily branch in Rai Bareli, Rae Bareli, or Uttar Pradesh, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Central Bank Of India located in Rai Bareli or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code CBIN0283403. 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, Raibareily, Rai Bareli

Here are the main details that are associated with the IFSC Code CBIN0283403 of Central Bank Of India for its branch located in Rai Bareli, within the district of Rae Bareli in the state of Uttar Pradesh.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0283403
Branch Raibareily
City Rai Bareli
District Rae Bareli
State Uttar Pradesh
Address Near Rly Phatak,Ratapur Chauraha,Raibarely-229001

These details are essential not only for online banking users but also for businesses and individuals who use Central Bank Of India in Rai Bareli for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0283403 for the Raibareily 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, along with Central Bank Of India located in Raibareily, Rai Bareli, Uttar Pradesh, are allotted a unique IFSC like CBIN0283403 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Rai Bareli.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Rai Bareli and Rae Bareli.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Central Bank Of India in Raibareily reaches the right place, even though there are thousands of branches in Uttar Pradesh and across India.

Format of the IFSC Code CBIN0283403

The format of the IFSC Code for banks, including Central Bank Of India, has 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 Raibareily in Rai Bareli.

For example, the IFSC Code CBIN0283403 of Central Bank Of India for the Raibareily branch includes these elements, identifying the bank and the branch location in Rai Bareli and Uttar Pradesh correctly.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0283403 of Central Bank Of India for its Raibareily branch located in Rai Bareli, 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 Rai Bareli and Rae Bareli, 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 Raibareily or Rai Bareli to get the exact IFSC Code CBIN0283403.

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 Rai Bareli, you'll get the correct details.

How to Use IFSC Code CBIN0283403 for Online Transfers?

If you have the IFSC Code CBIN0283403 for the Raibareily branch of Central Bank Of India in Rai Bareli, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0283403. 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 CBIN0283403.

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 Raibareily in Rai Bareli, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Central Bank Of India in Raibareily, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Central Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Rai Bareli 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 Raibareily, Rai Bareli?

The IFSC Code is CBIN0283403.

Is the IFSC Code CBIN0283403 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Raibareily branch?

The address of the branch is Near Rly Phatak,Ratapur Chauraha,Raibarely-229001 located in Rai Bareli, Rae Bareli, Uttar Pradesh.

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.