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 Khimlasa branch in Sagar, Khimlasa, Madhya Pradesh, 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 Sagar or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CBIN0281619. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Central Bank Of India, Khimlasa, Sagar
Below in the table are the key details related to IFSC Code CBIN0281619 of Central Bank Of India for its branch located in Sagar, within the district of Khimlasa in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0281619 |
| Branch | Khimlasa |
| City | Sagar |
| District | Khimlasa |
| State | Madhya Pradesh |
| Address | Near Bus Stand, Khimlasa, Tehsil - Khurai, Dist- Sagar, Madhya Pradesh-470118 |
These details help users in online banking and for businesses and individuals who use Central Bank Of India in Sagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0281619 for the Khimlasa 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 Khimlasa, Sagar, Madhya Pradesh, are allotted a unique IFSC like CBIN0281619 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Sagar and Khimlasa.
- 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 Khimlasa reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code CBIN0281619
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 Khimlasa in Sagar.
For example, the IFSC Code CBIN0281619 of Central Bank Of India for the Khimlasa branch includes these elements, identifying the bank and the branch location in Sagar and Madhya Pradesh accurately.
How to Find IFSC Code for Central Bank Of India?
If you are trying to find the IFSC Code CBIN0281619 of Central Bank Of India for its Khimlasa branch located in Sagar, 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 Sagar and Khimlasa, 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 Khimlasa or Sagar to get the exact IFSC Code CBIN0281619.
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 Sagar that will provide accurate information.
How to Use IFSC Code CBIN0281619 for Online Transfers?
Once you have the IFSC Code CBIN0281619 for the Khimlasa branch of Central Bank Of India in Sagar, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0281619. 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 CBIN0281619.
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 Khimlasa in Sagar, 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 Khimlasa, 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 Sagar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Khimlasa Sagar branch is CBIN0281619.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Near Bus Stand, Khimlasa, Tehsil - Khurai, Dist- Sagar, Madhya Pradesh-470118.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.