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 Khamatarai branch in Raipur, Bhanpuri, Chhattisgarh, 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 Raipur or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code CBIN0283482. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Central Bank Of India, Khamatarai, Raipur

Below in the table are the key details related to IFSC Code CBIN0283482 of Central Bank Of India for its branch located in Raipur, within the district of Bhanpuri in the state of Chhattisgarh.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0283482
Branch Khamatarai
City Raipur
District Bhanpuri
State Chhattisgarh
Address Golden Market Ring Road No 2 Bhanpuri Po Birgaon Khamatarai Raipur 493 221

These details are essential not only for online banking users but also for businesses and individuals who use Central Bank Of India in Raipur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0283482 for the Khamatarai 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 Khamatarai, Raipur, Chhattisgarh, are allotted a unique IFSC like CBIN0283482 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Raipur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Raipur and Bhanpuri.
  • 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 Khamatarai reaches the right place, even though there are thousands of branches in Chhattisgarh and across India.

Format of the IFSC Code CBIN0283482

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 Khamatarai in Raipur.

For example, the IFSC Code CBIN0283482 of Central Bank Of India for the Khamatarai branch includes these elements, identifying the bank and the branch location in Raipur and Chhattisgarh accurately.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0283482 of Central Bank Of India for its Khamatarai branch located in Raipur, 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 Raipur and Bhanpuri, 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 Khamatarai or Raipur to get the exact IFSC Code CBIN0283482.

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 Raipur, you'll get the correct details.

How to Use IFSC Code CBIN0283482 for Online Transfers?

If you have the IFSC Code CBIN0283482 for the Khamatarai branch of Central Bank Of India in Raipur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0283482. 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 CBIN0283482.

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 Khamatarai in Raipur, 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 Khamatarai, 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 Raipur 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 Khamatarai, Raipur?

The IFSC Code is CBIN0283482.

Is the IFSC Code CBIN0283482 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 Khamatarai?

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 Khamatarai branch?

The address of the branch is Golden Market Ring Road No 2 Bhanpuri Po Birgaon Khamatarai Raipur 493 221 located in Raipur, Bhanpuri, Chhattisgarh.

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.