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 Obdeulaganj branch in Raisen, Obedullaganj, Madhya Pradesh, 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 Raisen or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CBIN0281021. 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, Obdeulaganj, Raisen

The table below shows the main details of the IFSC Code CBIN0281021 for the Central Bank Of India branch in Raisen, which falls under the Obedullaganj district in Madhya Pradesh.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0281021
Branch Obdeulaganj
City Raisen
District Obedullaganj
State Madhya Pradesh
Address Main Road, Obedulaganj,Dist-Raisen,Madhya Pradesh-464993

These details help users in online banking and for businesses and individuals who use Central Bank Of India in Raisen for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0281021 for the Obdeulaganj 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, along with Central Bank Of India located in Obdeulaganj, Raisen, Madhya Pradesh, are allotted a unique IFSC like CBIN0281021 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code CBIN0281021

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 Obdeulaganj in Raisen.

For example, the IFSC Code CBIN0281021 of Central Bank Of India for the Obdeulaganj branch includes these elements, identifying the bank and the branch location in Raisen and Madhya Pradesh accurately.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0281021 of Central Bank Of India for its Obdeulaganj branch located in Raisen, 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 Raisen and Obedullaganj, 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 Obdeulaganj or Raisen to get the exact IFSC Code CBIN0281021.

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 Raisen that will provide accurate information.

How to Use IFSC Code CBIN0281021 for Online Transfers?

If you have the IFSC Code CBIN0281021 for the Obdeulaganj branch of Central Bank Of India in Raisen, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0281021. 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 CBIN0281021.

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 Obdeulaganj in Raisen, 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 Obdeulaganj, 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 Raisen 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 Obdeulaganj Raisen?

The IFSC Code of the Obdeulaganj Raisen branch is CBIN0281021.

Is IFSC Code CBIN0281021 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Central Bank Of India Obdeulaganj branch?

The branch is located at Main Road, Obedulaganj,Dist-Raisen,Madhya Pradesh-464993.

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.