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 Sambalpur Regional Office branch in Sambalpur, Sambalpur, or Odisha, 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 Sambalpur or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CBIN0284644. 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, Sambalpur Regional Office, Sambalpur
Here are the main details that are associated with the IFSC Code CBIN0284644 of Central Bank Of India for its branch located in Sambalpur, within the district of Sambalpur in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0284644 |
| Branch | Sambalpur Regional Office |
| City | Sambalpur |
| District | Sambalpur |
| State | Odisha |
| Address | Plot No 1982,Shanti Nagar, Budharaja, Sambalpur-768004, Sambalpur,Odisha |
These details helps users in online banking and for businesses and individuals who use Central Bank Of India in Sambalpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0284644 for the Sambalpur Regional Office branch of Central Bank Of India plays a vital role.
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 Sambalpur Regional Office, Sambalpur, Odisha, is provided a unique IFSC like CBIN0284644 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 Sambalpur.
- 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 Sambalpur and Sambalpur.
- 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 Odisha and the rest of India, the IFSC Code ensures that transactions meant for Central Bank Of India in Sambalpur Regional Office do not get misguided to another person.
Format of the IFSC Code CBIN0284644
This is the format of the IFSC Code for banks, including Central Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Central Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Sambalpur Regional Office in Sambalpur.
For example, the IFSC Code CBIN0284644 of Central Bank Of India for the Sambalpur Regional Office branch includes these elements, identifying the bank and the branch location in Sambalpur and Odisha accurately.
How to Find IFSC Code for Central Bank Of India?
If you are trying to find the IFSC Code CBIN0284644 of Central Bank Of India for its Sambalpur Regional Office branch located in Sambalpur, the following methods can help:
Cheque Book
The cheque book issued by Central Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Central Bank Of India branches in Sambalpur and Sambalpur, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Central Bank Of India and navigate to the branch locator section. Search for Sambalpur Regional Office or Sambalpur to get the exact IFSC Code CBIN0284644.
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 keeps an updated list of all IFSC codes. If you search for Central Bank Of India and Sambalpur, you'll get the correct details.
How to Use IFSC Code CBIN0284644 for Online Transfers?
If you have the IFSC Code CBIN0284644 for the Sambalpur Regional Office branch of Central Bank Of India in Sambalpur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0284644. 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 CBIN0284644.
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 Sambalpur Regional Office in Sambalpur, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Central Bank Of India in Sambalpur Regional Office, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Sambalpur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0284644.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Plot No 1982,Shanti Nagar, Budharaja, Sambalpur-768004, Sambalpur,Odisha located in Sambalpur, Sambalpur, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.