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IFSC Code of Central Bank Of India, Agraharam Road, Salem, Tamil Nadu — CBIN0281679

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Central Bank Of India for its Agraharam Road branch in Salem, Salem, Tamil Nadu, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Central Bank Of India situated in Salem or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code CBIN0281679. You should 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, Agraharam Road, Salem

Below in the table are the key details related to IFSC Code CBIN0281679 of Central Bank Of India for its branch located in Salem, within the district of Salem in the state of Tamil Nadu.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0281679
Branch Agraharam Road
City Salem
District Salem
State Tamil Nadu
Address Central Bank Of India, 125/206, 2Nd Agraharam, 636001

These details are important not only for users using online banking but also for businesses and individuals who use Central Bank Of India in Salem for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CBIN0281679 for the Agraharam Road branch of Central Bank Of India is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Central Bank Of India located in Agraharam Road, Salem, Tamil Nadu, is provided a unique IFSC like CBIN0281679 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Central Bank Of India branch in Salem.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Salem and Salem.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Central Bank Of India in Agraharam Road do not get misguided to another person.

Format of the IFSC Code CBIN0281679

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 Agraharam Road in Salem.

For example, the IFSC Code CBIN0281679 of Central Bank Of India for the Agraharam Road branch includes these elements, identifying the bank and the branch location in Salem and Tamil Nadu correctly.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0281679 of Central Bank Of India for its Agraharam Road branch located in Salem, 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 Salem and Salem, 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 Agraharam Road or Salem to get the exact IFSC Code CBIN0281679.

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 Salem that will provide accurate information.

How to Use IFSC Code CBIN0281679 for Online Transfers?

Once you have the IFSC Code CBIN0281679 for the Agraharam Road branch of Central Bank Of India in Salem, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0281679. 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 CBIN0281679.

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 Agraharam Road in Salem, 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 Agraharam Road, 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 Salem 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 Agraharam Road Salem?

The IFSC Code of the Agraharam Road Salem branch is CBIN0281679.

Is IFSC Code CBIN0281679 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 Agraharam Road branch?

The branch is located at Central Bank Of India, 125/206, 2Nd Agraharam, 636001.

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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