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 Pachore branch in Rajgarh, Pachore, Madhya Pradesh, 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 Rajgarh or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CBIN0284741. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Central Bank Of India, Pachore, Rajgarh

Here are some of the key details that come with the IFSC Code CBIN0284741 of Central Bank Of India for its branch located in Rajgarh, within the district of Pachore in the state of Madhya Pradesh.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0284741
Branch Pachore
City Rajgarh
District Pachore
State Madhya Pradesh
Address Vilage ├Éγçô Pachore , Dist- Rajgarh, Pin-465683

These details are crucial, not just for online banking users but also for businesses and individuals who use Central Bank Of India in Rajgarh for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0284741 for the Pachore 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 Pachore, Rajgarh, Madhya Pradesh, is provided with a unique IFSC like CBIN0284741 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 Rajgarh.
  • 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 Rajgarh and Pachore.
  • 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 Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Central Bank Of India in Pachore do not get mixed with another location.

Format of the IFSC Code CBIN0284741

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 Pachore in Rajgarh.

For example, the IFSC Code CBIN0284741 of Central Bank Of India for the Pachore branch includes these elements, identifying the bank and the branch location in Rajgarh and Madhya Pradesh accurately.

How to Find IFSC Code for Central Bank Of India?

If you are looking for the IFSC Code CBIN0284741 of Central Bank Of India for its Pachore branch located in Rajgarh, the following methods can help:

Cheque Book

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

Passbook

Most of the banks, including Central Bank Of India branches in Rajgarh and Pachore, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Central Bank Of India and look for the branch locator section, then search for Pachore or Rajgarh to get the exact IFSC Code CBIN0284741.

Mobile Banking App

If you use Central Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Central Bank Of India and Rajgarh, then it will provide you proper information.

How to Use IFSC Code CBIN0284741 for Online Transfers?

Once you have the IFSC Code CBIN0284741 for the Pachore branch of Central Bank Of India in Rajgarh, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0284741. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Central Bank Of India IFSC Code CBIN0284741.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Central Bank Of India Pachore in Rajgarh, it can 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 Pachore, 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 Rajgarh 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 Pachore Rajgarh?

The IFSC Code of the Pachore Rajgarh branch is CBIN0284741.

Is IFSC Code CBIN0284741 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 Pachore branch?

The branch is located at Vilage ├Éγçô Pachore , Dist- Rajgarh, Pin-465683.

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.