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 Jairaj Plot Rajkot branch in Rajkot, Rajkot, or Gujarat, 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 Rajkot or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code CBIN0281657. 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, Jairaj Plot Rajkot, Rajkot

Here are the main details that are associated with the IFSC Code CBIN0281657 of Central Bank Of India for its branch located in Rajkot, within the district of Rajkot in the state of Gujarat.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0281657
Branch Jairaj Plot Rajkot
City Rajkot
District Rajkot
State Gujarat
Address 1/6, Jairaj Plot, Rajkot, Dist-Rajkot, Gujarat-360001

These details are important not only for users using online banking but also for businesses and individuals who use Central Bank Of India in Rajkot for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CBIN0281657 for the Jairaj Plot Rajkot branch of Central Bank Of India is vital.

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 Jairaj Plot Rajkot, Rajkot, Gujarat, are given a unique IFSC like CBIN0281657 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Rajkot.
  • 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 Rajkot and Rajkot.
  • 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 Jairaj Plot Rajkot goes to the correct branch. This is important because Central Bank Of India has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CBIN0281657

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 Jairaj Plot Rajkot in Rajkot.

For example, the IFSC Code CBIN0281657 of Central Bank Of India for the Jairaj Plot Rajkot branch includes these elements, identifying the bank and the branch location in Rajkot and Gujarat accurately.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0281657 of Central Bank Of India for its Jairaj Plot Rajkot branch located in Rajkot, 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 Rajkot and Rajkot, 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 Jairaj Plot Rajkot or Rajkot to get the exact IFSC Code CBIN0281657.

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 Rajkot that will provide accurate information.

How to Use IFSC Code CBIN0281657 for Online Transfers?

If you have the IFSC Code CBIN0281657 for the Jairaj Plot Rajkot branch of Central Bank Of India in Rajkot, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0281657. 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 CBIN0281657.

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 Jairaj Plot Rajkot in Rajkot, 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 Jairaj Plot Rajkot, 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 Rajkot 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 Jairaj Plot Rajkot Rajkot?

The IFSC Code of the Jairaj Plot Rajkot Rajkot branch is CBIN0281657.

Is IFSC Code CBIN0281657 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 Jairaj Plot Rajkot branch?

The branch is located at 1/6, Jairaj Plot, Rajkot, Dist-Rajkot, Gujarat-360001.

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.

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