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 Udaipura, Raisen branch in Raisen, Udaipura, 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 CBIN0280736. 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, Udaipura, Raisen, Raisen

The table below shows the main details of the IFSC Code CBIN0280736 for the Central Bank Of India branch in Raisen, which falls under the Udaipura district in Madhya Pradesh.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0280736
Branch Udaipura, Raisen
City Raisen
District Udaipura
State Madhya Pradesh
Address Main Market, Galla Mandi, Dist. Raisen, M.P.-464770

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 CBIN0280736 for the Udaipura, Raisen 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 Udaipura, Raisen, Raisen, Madhya Pradesh, are given a unique IFSC like CBIN0280736 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 any kind of confusion between different branches of the same bank in places like Raisen and Udaipura.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Central Bank Of India in Udaipura, Raisen goes to the correct branch. This is important because Central Bank Of India has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CBIN0280736

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 Udaipura, Raisen in Raisen.

For example, the IFSC Code CBIN0280736 of Central Bank Of India for the Udaipura, Raisen branch includes these elements, identifying the bank and the branch location in Raisen and Madhya Pradesh correctly.

How to Find IFSC Code for Central Bank Of India?

To find the IFSC Code CBIN0280736 of Central Bank Of India for its Udaipura, Raisen branch located in Raisen, the following methods can help you out:

Cheque Book

The cheque book issued by Central Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Central Bank Of India branches in Raisen and Udaipura, 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 go to the branch locator section. Then search for Udaipura, Raisen or Raisen to find the exact IFSC Code CBIN0280736.

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 maintains an updated database of all IFSC codes. Searching for Central Bank Of India and Raisen will provide accurate information.

How to Use IFSC Code CBIN0280736 for Online Transfers?

Once you have the IFSC Code CBIN0280736 for the Udaipura, Raisen branch of Central Bank Of India in Raisen, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CBIN0280736. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 CBIN0280736.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Central Bank Of India Udaipura, Raisen in Raisen, your payment can get delayed or might not go through at all.

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 Udaipura, Raisen, 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 in Udaipura, Raisen, Raisen?

The IFSC Code is CBIN0280736.

Is the IFSC Code CBIN0280736 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 Udaipura, Raisen?

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 Udaipura, Raisen branch?

The address of the branch is Main Market, Galla Mandi, Dist. Raisen, M.P.-464770 located in Raisen, Udaipura, Madhya 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.