For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Central Bank Of India for its Raiya Road Rajkot branch in Rajkot, Rajkot, Gujarat, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Central Bank Of India located in Rajkot or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code CBIN0285100. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Central Bank Of India, Raiya Road Rajkot, Rajkot

Below in the table are the key details related to IFSC Code CBIN0285100 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 CBIN0285100
Branch Raiya Road Rajkot
City Rajkot
District Rajkot
State Gujarat
Address Shyam House, 1St Floor, Nr Ambika Park, Hanuman Madhi Chowk, Raiya Road, Rajkot, Gujrat 360005

These details are crucial, not just for online banking users but also for businesses and individuals who use Central Bank Of India in Rajkot for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0285100 for the Raiya Road Rajkot 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 Raiya Road Rajkot, Rajkot, Gujarat, is provided with a unique IFSC like CBIN0285100 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 Rajkot.
  • 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 Rajkot and Rajkot.
  • 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 Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Central Bank Of India in Raiya Road Rajkot do not get mixed with another location.

Format of the IFSC Code CBIN0285100

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 Raiya Road Rajkot in Rajkot.

For example, the IFSC Code CBIN0285100 of Central Bank Of India for the Raiya Road Rajkot branch includes these elements, identifying the bank and the branch location in Rajkot and Gujarat correctly.

How to Find IFSC Code for Central Bank Of India?

To find the IFSC Code CBIN0285100 of Central Bank Of India for its Raiya Road Rajkot branch located in Rajkot, 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 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 go to the branch locator section. Then search for Raiya Road Rajkot or Rajkot to find the exact IFSC Code CBIN0285100.

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 Rajkot will provide accurate information.

How to Use IFSC Code CBIN0285100 for Online Transfers?

Once you have the IFSC Code CBIN0285100 for the Raiya Road Rajkot branch of Central Bank Of India in Rajkot, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0285100. 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 CBIN0285100.

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 Raiya Road Rajkot in Rajkot, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Central Bank Of India in Raiya Road Rajkot, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Central Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Rajkot 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 Raiya Road Rajkot, Rajkot?

The IFSC Code is CBIN0285100.

Is the IFSC Code CBIN0285100 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 Raiya Road Rajkot?

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 Raiya Road Rajkot branch?

The address of the branch is Shyam House, 1St Floor, Nr Ambika Park, Hanuman Madhi Chowk, Raiya Road, Rajkot, Gujrat 360005 located in Rajkot, Rajkot, Gujarat.

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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